Question: If an allocation base cannot be identified, apply the revenue account as the allocation base even though the relationship may be an indirect one. For

If an allocation base cannot be identified, apply the revenue account as the allocation base even though the relationship may be an indirect one. For this, what is the revenue account known as

?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!

Question 1 If an allocation base cannot be identified, apply the revenue acoount as the allocation base even though the relationship may be an indirect one. For this, the revenue account is known as...

Q1 What is the primary objective of a modern-day frequency marketing program? Q2 What steps must a company take first before gathering additional information on its customers? Q3 For most...

These are what my teacher expects for a strategic analysis essay: "Strategic Case Analyses - Case studies provide important windows into the real problems that firms are trying to solve. Note, since...

Liza Davis ana tne bargann Funting custonner Retailers form the link between the producer of goods and the consumer. Getting the merchandise that customers want to buy is critical to their success....

Prove overhead rate is 105% of the material cost. Introduction Woodhill Paper Company (WPC), a small, closely-held paperboard manufacturer that produces a broad line of paperboard in large reels,...

multiple choice q, management cost accounting, please ans them all thx 1 Using a broad average to allocate costs to products is called A) activity based costing: B) refined costint. C) peanut butter...

Goldberg Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases: Activities Allocated Costs Allocation Base Account inquiry (hours) $70,000...

Introduction General Paper Company (GPC) is a small, closely-held paperboard manufacturer that produces a broad line of paperboard in large reels, termed parent rolls. These parent rolls are sold to...

Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places.) Zeko Corporation Total Budgeted Indirect Manufacturing Costs...

In the distributions shown, state the mean and standard deviation for each. Hint: See Figures 65 and 66. Also the vertical lines are 1 standard deviation apart. a. b. c. 120 140 160 180 60 80 100 10...

Drag each feature name into the lower box nearest proper place into the place above the feature name drag the description that best describes how this feature forms Saved Convergent Boundaries Drag...

What is a preferred stock? 1 . A riskier investment than common stock 2 . A hybrid security falling between debt ( bonds ) and treasuries 3 . An investment with more influence than common stock. 4 ....

Using a flexible budget is necessary to: Multiple Choice 0 eliminate the effect of cost behavior patterns on budgeted amounts. 0 adjust budgeted results so they are closer to actual amounts. 0 permit...

b. Will new members be welcomed?

c. Will leaders rotate periodically?

b. Will there be one assigned leader?