Which types of overhead allocation methods result in the use of more than one overhead rate during the same time period?
A. Cost pool overhead rate method and plantwide overhead rate method.
B. Departmental overhead rate method and activity-based costing.
C. Plantwide overhead rate method and departmental overhead rate method.
D. Activity-based costing and plantwide overhead rate method.
E. Departmental overhead rate method and cost pool overhead rate method.
Answer: B
You might also like to view...
Brown & Smith, Inc engages in the design, development, making, and retail selling of designer jewelry in North America
Before approving a new design, the company draws it on a computer and then produces models to show potential consumers and get their reactions. This allows the company to analyze the possible customer reaction. Identify the concept testing method used here. A) conjoint analysis B) perceptual mapping C) virtual reality testing D) rapid prototyping E) digital fabrication
Which type of authority is more common in organic organizations?
a. decentralized b. centralized c. bureaucratic d. Organic organizations are not more likely to use one or the other.
A company issues bonds with a $100,000 par value, an 8% annual contract rate, semiannual interest payments, and a five year life. The bonds sold for $107,850. The entry to record the issuance of the bonds will include:
A. A credit to Cash of $100,000. B. A credit to Premium on Bonds Payable of $7,850. C. A debit to Discount on Bonds Payable of $7,850. D. A debit to Interest Expense of $7,850. E. A credit to Bonds Payable of $107,850.
In response to an allowable claim made by a customer to a firm, a(n) _____ letter is usually sent by the firm to the customer
Fill in the blank(s) with correct word