Question
Pretend that we have 4 families going out to dinner. We estimate the bill will be $200. We are going to ask each family to
- Pretend that we have 4 families going out to dinner. We estimate the bill will be $200. We are going to ask each family to put the money up in advance. Some simple questions:
a) How much should each family pay?
b) How did you come up with that number?
c) Did you "allocate"? If so, HOW did you do this. In other words, was allocation base or driver did you use? Why?
d) WHY id you choose the base that you did in C) above?
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Data Analytics for Accounting
Authors: Vernon Richardson
1st edition
1260375196, 9781260375183 , 978-1260375190
