This topic contains a solution. Click here to go to the answer

Author Question: How much of the labor cost will be assigned to the Bush Department? Teecorp Company provides the ... (Read 21 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
How much of the labor cost will be assigned to the Bush Department?
 
  Teecorp Company provides the following ABC costing information:
 
  Activities Total Costs Activity-cost drivers
  Labor 320,000 8,000 hours
  Gas 36,000 6,000 gallons
  Invoices 40,000 2,500 invoices
   Total costs 396,000
 
  The above activities used by their three departments are:
 
   Lawn Department Bush Department Plowing Department
  Labor 2,500 hours 1,200 hours 4,300 hours
  Gas 1,700 gallons 800 gallons 3,500 gallons
  Invoices 1,600 invoices 400 invoices 500 invoices
 
  A) 42,000
  B) 48,000
  C) 40,000
  D) 50,000

Question 2

Adjusting entries affect only expense and asset accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cupcake16

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

Answer: B

Answer to Question 2

False





 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

For a complete list of videos, visit our video library