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 27 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?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Everyone has one nostril that is larger than the other.

For a complete list of videos, visit our video library