What are the three methods used for allocating service center costs? How do the methods differ?
Question:
What are the three methods used for allocating service center costs? How do the methods differ?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
The three methods used for allocating service center costs are as follows Direct Method This is the ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Question Posted:
Students also viewed these Cost Accounting questions
-
What are the three methods used by financial institutions to calculate finance charges on outstanding credit card balances? Briefly describe how interest is computed under each method.
-
What are the three methods firms can use to deal with underapplied or overapplied overhead at the end of an accounting period?
-
What are the three methods for allocating the costs of support activities?
-
For the attractive-nuisance doctrine to apply, the possessor need not be aware that children are likely to trespass on his land or have reason to know that the condition poses an unreasonable risk of...
-
The balance in retained earnings on January 1, 2017, for Sandra Ltd. Was 800,000. During the year, the corporation paid cash dividends of 50,000 and distributed a share dividend of 8,000. In...
-
Which of the following are potentially valid arguments for tariffs or export subsidies, and which are not? Explain your answers. a. Dairy producers earning in Wales are at their lowest peak despite...
-
Determine whether the following variables are qualitative or quantitative. (a) Gender (b) Temperature (c) Number of days during the past week that a college student studied (d) Zip code Approach...
-
Information about Mather is presented in E6-4. Additional data regarding the company's sales of EZslide snowboards are provided below. Assume that Mather uses a perpetual inventory system. In E6-4...
-
Soil samples from three locations were tested for modulus of subgrade reaction. Data thus collected is shown below. Pressure, kPa 7 Settlement, mm Location 1 Location 2 Location 3 0 0 1.25 0.854 1.79...
-
Office Equipment, Inc. (OEI), leases automatic mailing machines to business customers in Fort Wayne, Indiana. The company built its success on a reputation of providing timely maintenance and repair...
-
Larry Kwang insists that the costs of his schools fund-raising project should be determined after the project is complete. He argues that only after the project is complete can its costs be...
-
Sims Services Company (SSC) has 50 employees, 38 of whom are assigned to Division A and 12 to Division B. SSC incurred $296,000 of fringe benefits cost during 2011. Required Determine the amount of...
-
In Figure a rectangular loop carrying current lies in the plane of a uniform magnetic field of magnitude 0.040 T. The loop consists of a single turn of flexible conducting wire that is wrapped around...
-
What operational factors must an airline consider in selecting new aircraft?
-
Suppose you receive $100 at the end of each year for the next three years. a. If the interest rate is 7%, what is the present value of these cash flows? b. What is the future value in three years of...
-
Explain why many large airlines operate several hubs.
-
What are the advantages and disadvantages of the hub- and- spoke system?
-
Suppose your employer offers you a choice between a $5700 bonus and 120 shares of the company stock. Whichever one you choose will be awarded today. The stock is currently trading for $58 per share....
-
The acquisition of the international yeast and bakers ingredients business from Burns Philip was completed after the year end. The bakers yeast business is market leader in North America, Latin...
-
When the Department of Homeland Security created a color-coded system to prepare government officials and the public against terrorist attacks, what did it do right and what did it do wrong?
-
Obtain the natural frequencies of the network shown in Fig. 8-26 by driving it with a conveniently located current source. 310 HE 2/5 $20 4s
-
Would a fixed or variable cost structure be more advantageous if volume is decreasing?
-
Rachael's Restaurant, a fast-food restaurant company, operates a chain of restaurants across the nation. Each restaurant employs eight people; one is a manager paid a salary plus a bonus equal to 4...
-
Solomon Corporation paid one of its sales representatives $4,000 during the month of March. The rep is paid a base salary plus $10 per unit of product sold. During March, the rep sold 300 units....
-
Use an example of how you would use the recommendations for improving service quality prepare something similar using the recommendations listed. How would you recommend a plan to improve service...
-
A 10.0 L weather balloon is launched from ground level where the temperature was 230C and the pressure was 745 mmHg. Higher in the atmosphere, the balloon's volume became 15.0L at a pressure of...
-
1. Imagine that you need to determine the resistivity of a certain metal. You have several pieces of wire that are made from this material, all with a diameter of 0.361 mm. You make very precise...
Study smarter with the SolutionInn App