Suggest a reasonable basis for allocating each of the following indirect expenses to departments: (a) Salary of
Question:
Suggest a reasonable basis for allocating each of the following indirect expenses to departments: (a) Salary of a supervisor who manages several departments,
(b) Rent,
(c) Heat,
(d) Electricity for lighting,
(e) Janitorial services,
(f) Advertising,
(g) Expired insurance on equipment, and
(h) Property taxes on equipment.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (17 reviews)
a Sales of the departments or the number of employees in each department b Square feet ...View the full answer
Answered By
Jehal Shah
I believe everyone should try to be strong at logic and have good reading habit. Because If you possess these two skills, no matter what difficult situation is, you will definitely find a perfect solution out of it. While logical ability gives you to understand complex problems and concepts quite easily, reading habit gives you an open mind and holistic approach to see much bigger picture.
So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
Last but not the least, I am finance enthusiast. Big fan of Warren buffet for long term focus investing approach. On the same side derivatives is the segment I possess expertise.
If you have any finacne related doubt, do reach me out.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Suggest one or more ways that each of the following teams could deal with the conflict(s) it faces. 1. Mike and Takashi both find writing hard. Elise has been getting better grades than either of...
-
Suggest how the cations in each of the following solution mixtures can be separated: (a) Na+ and, Cd2+ (b) Cd2+ and, Mg2+ (c) Pb2+andAI3+ , (d) Ag+ andHg2+ .
-
Suggest routes by which each of the following com-pounds could be synthesized from the indicated starting materials and any other reagents. (a) 2-cyclohexyl-2-propanol from cyclohexanone (b)...
-
How can we measure a security's contribution to the risk of the market portfolio?
-
Suppose you have a stock market portfolio with a beta of 1.15 that is currently worth $300 million. You wish to hedge against a decline using index options. Describe how you might do so with puts and...
-
SDRs. What are the advantages and disadvantages of Special Drawing Rights (SDRs)?
-
E2-14 Calculate income and investment account balance (investee has preferred stock) Pam Corporation paid $290,000 for 40 percent of the outstanding common stock of Sun Corporation on January 2,...
-
Items 1 through 16 represent a series of unrelated statements, questions, excerpts, and comments taken from various parts of an auditors working paper file. Below is a list of the likely sources of...
-
Anne Marie is the owner of Annes Beauty Salon, Inc. Her accountant has prepared financial statements for the year 20XX for her business. She doesn't like to ask him questions about it. She would...
-
The Department of Natural Resources (DNR) received a complaint from recreational fishermen that a community was releasing sewage into the river where they fished. These types of releases lower the...
-
What is the difference between direct and indirect expenses?
-
How is a departments contribution to overhead measured?
-
1. How would you define the major problem faced by GaGa that a marketing research program could resolve? How has this problem affected the marketing of the companys products? How might marketing...
-
5.Descibe the HSI color image model 6. Describe the basic relationship between the pixels
-
1. What is the need for transform? 2. What is Image Transform? 3. What are the applications of transform? 4. Give the Conditions for perfect transform . 5. What are the properties of unitary...
-
6. Define Fourier transform pair 7. Define Fourier spectrum and spectral density 8. Give the relation for 1-D discrete Fourier transform pair 9. Specify the properties of 2D Fourier transform. 10....
-
16. What is wrap around error? 17. Give the formula for correlation of 1D continuous function. 18. What are the properties of Haar transform. 19. What are the Properties of Slant transform 20....
-
21. Define fast Walsh transform. 22. Give the relation for 1-D DCT. 23. Write slant transform matrix SN. 24. Define Haar transform. 25. Define K-L transform. 26. Give the equation for singular value...
-
A business owned by one individual.LO9 A. Account form B. Account payable C. Account receivable D. Accounting E. Accounting equation F. Assets G. Balance sheet H. Business I. Business entity concept...
-
1. As a general strategy, would you recommend that Carl take an aggressive approach to capacity expansion or more of a wait-and-see approach? 2. Should Carl go with the option for one facility that...
-
Describe the steps required to create Java object from native code.
-
The following annual account balances are taken from Armour Sports at December 31. What is the change in the number of days sales uncollected between years 2012 and 2013? (Round the number of days to...
-
Franco Company is a rapidly growing start-up business. Its recordkeeper, who was hired six months ago, left town after the companys manager discovered that a large sum of money had disappeared over...
-
Palmona Co. establishes a $ 200 petty cash fund on January 1. On January 8, the fund shows $ 38 in cash along with receipts for the following expenditures: postage, $ 74; transportation-in, $ 29;...
-
What general conclusions can you draw about your companys liquidity, solvency and productivity based on your ratio calculations. Working Capital 2017 = $9,994 M 2016 = $10,673 M Current Ratio 2017 =...
-
Tami Tyler opened Tami's Creations, Incorporated, a small manufacturing company, at the beginning of the year. Getting the company through its first quarter of operations placed a considerable strain...
-
5. The current spot exchange rate is 0.95/$ and the three-month forward rate is 0.91/$. Based on your analysis of the exchange rate, you are pretty confident that the spot exchange rate will be...
Study smarter with the SolutionInn App