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Author Question: The totals of the Adjusted Trial Balance columns on a work sheet will always be the sum of the Trial ... (Read 115 times)

renzo156

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on: Jul 5, 2018
The totals of the Adjusted Trial Balance columns on a work sheet will always be the sum of the Trial Balance column totals and the Adjustments column totals.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

If administrative expense of 62,500 is allocated on the basis of number of employees, the cost per cost driver rate would be ________.
 
  Stark Corporation has two departments, Car Rental and Truck Rental. Central costs may be allocated to the two departments in various ways.
 
   Car Rental Truck Rental
  Number of Vehicles in fleet 850 430
  Number of employees 125 75
  Sales 750,000 375,000
 
  A) 500.00
  B) 312.50
  C) 833.33
  D) 572.50


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gcook

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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

Answer: B


renzo156

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

Missbam101

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Reply 3 on: Yesterday
Excellent

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