Climax Mines assigns service center costs to Revenue Centers M and N. The costs, cost drivers, and
Question:
Climax Mines assigns service center costs to Revenue Centers M and N. The costs, cost drivers, and statistics are as follows:
Assign service center costs to Mine M and Mine N using the physical measures method for Mine Administration and the ability to pay method for EquipmentMaintenance.
Transcribed Image Text:
Costs $500,000 Cost Drivers Mine Administration Equipment Maintenance $50,000 Revenue dollars Center Number of Mines Revenue Dollars Mine M Mine N Number of mines $3,600,000 $8,400,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (14 reviews)
MethodPhysical Measures and Ability to Pay Allocation Allocation Mine Equipment ...View the full answer
Answered By
Fahmin Arakkal
Tutoring and Contributing expert question and answers to teachers and students.
Primarily oversees the Heat and Mass Transfer contents presented on websites and blogs.
Responsible for Creating, Editing, Updating all contents related Chemical Engineering in
latex language
4.40+
8+ Reviews
22+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0618777181
8th Edition
Authors: Susan V. Crosson, Belverd E. Needles
Question Posted:
Students also viewed these Managerial Accounting questions
-
Climax Mines uses the direct method for assigning service center costs to Revenue Centers M and N. The costs, cost drivers, and statistics are as follows: Using the direct method, assign service...
-
Assign trucks to delivery routes so that total costs are minimized, given the cost data shown. What is the totalcost? E-7 5689 D-8 3454 E-09 8 0 53 B-5 4 3 2 5 A-4 6756 12345
-
The National Center for Health Statistics reported that 34% of Americans were obese recently. The Center for Disease Control estimated that obese people spent an average of $ 1,429 more for medical...
-
When will the gravitational force between you and the Sun be greater-today at noon, or tomorrow at midnight? Defend your answer.
-
If the movements in the risk factors have positive autocorrelation from one day to the next, can we bootstrap on the changes in the risk factors?
-
Recent problems facing the U.S. financial system were the result of all but which one of the following? a. An increase in the use of commercial paper for short-term financing b. The government...
-
The following are the balances of the assets, liabilities, and equity of Kite Runner, Inc., at August 31, 2010: Requirements 1. What type of business organization is Kite Runner, Inc.? 2. Prepare the...
-
Consider Figure 12S.1. Some people have argued that companies need to put in place information systems that address routine decision making and transactional requirements prior to tackling...
-
Discuss the technicalities and details of SPC procedures? Which type(s) of chart(s) should be used? Why? How?
-
Enhance the Treasury Yield Rates database file to perform a database query that finds the rate associated with any date and term.
-
Ouray Peaks, an ecotourism business, has two service centersHuman Resources and Financial Resourcesthat provide services to each other as well as to two revenue centers, Mountain Adventures and River...
-
Pecos Flats, an ecotourism business, has two service centers, Human Resources and Financial Resources. They provide services to each other as well as to two revenue centers, Desert Adventures and Sea...
-
Use technology to calculate the correlation coefficient for the data on page 469 on the salaries and average attendances at home games for the teams in Major League Baseball. Interpret the result in...
-
This article talks about the decision to privatize and monetize several of the parks in Philadelphia. What are some of the issues raised in the article? Are there any benefits to this situation? How...
-
Consider the following data field and method. private int [] [] mat; public void mystery () { } for (int row = 1; row < mat.length; row++) { } for (int col = 0; col < mat [0].length; col++) { } if...
-
Assume Vlad is presented with an opportunity from another tech company to develop software for a music sharing platform. By coincidence, a portion of the code he developed for the social media app...
-
Imagine that you were a member of the jury that heard the Ancheff case. Would you have concluded that John Ancheff was in a research study? What pieces of information would have been most important...
-
The risk-free rate is 2.20% and the market risk premium is 6.39%. What will be the expected rate of return for the stock if the beta for the stock is 1.33?
-
Describe three different strategies an e-retailer might develop when creating an online presence.
-
Compare and contrast debt financing and equity financing as ways of starting a new business. Does one have an overall advantage over the other? What situation is more favorable to the use of debt...
-
What are the common causes of design failure?
-
Wyckam Manufacturing Inc. has provided the following information concerning its manufacturing costs: For example, utilities should be $1,400 per month plus $0.05 per machine-hour. The company expects...
-
Jakes Roof Repair has provided the following data concerning its costs: Cost per Fixed Cost Repair-Hour Per Month $16.30 Wages and salaries $23,200 Parts and supplies . $8.60 Equipment depreciation...
-
Via Gelato is a popular neighborhood gelato shop. The company has provided the following data concerning its operations: While gelato is sold by the cone or cup, the shop measures its activity in...
-
There are six basic principles as defined by Cialdini to help one to become a better influencer. Many of us do not have direct employees, but are expected to get people who do not work for us to "do...
-
Harrison Company maintains a checking account at the First National City Bank. The bank provides a bank statement along with canceled checks on the last day of each month. The July 2024 bank...
-
Assume that MTL_Clinic is a walk-in only clinic. "Walk-in Only" means that patients cannot make an appointment in advance - if they have a health concern, they should arrive at the clinic and wait...
Study smarter with the SolutionInn App