Costs may be allocated to a product or activity for many purposes, but care must be exercised when using allocated costs because: multiple choice a) fixed costs will change in total if the volume of activity changes. b) arbitrarily allocated costs may not behave in the way assumed in the allocation method. c) direct costs identified with the product or activity may not be accurately assigned. d) all costs may not have been allocated to the product or activity.
Answers: 1
Business, 21.06.2019 22:50, kyliegriffis
He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800
Answers: 1
Business, 22.06.2019 11:00, nathanbrockdac
Using a cps-sample of 7,440 individuals, you estimate the following regression: = 20.91 - 2.61 x female where female is a binary variable that takes on the value of 1 for females and is 0 otherwise. the standard error on the coefficient on female is 0.25. the 95% confidence interval for the gender wage gap, or the amount that females earn less, is: a) [-3.10, -2.12] b) [18.30, 23.52] c) [-3.02, -2.20] d) [-1.96, -1.64]
Answers: 3
Business, 22.06.2019 12:30, bella51032
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
Answers: 1
Costs may be allocated to a product or activity for many purposes, but care must be exercised when u...
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