Which of the following statements is false? Multiple Choice Cost drivers are often selected based on the availability of information. Volume measures are good drivers for fixed overhead costs. Fixed costs that do not have a definitive cost driver are allocated using an allocation base that distributes a rational share of the cost to each product. Both direct and indirect costs can be assigned to a cost object.

Answers

Answer 1
Answer:

Answer:

Volume measure are good drivers for fixed overhead costs is the correct answer.

Explanation:

Volume measure is used in plant facilities and results when the level of activity is measured in machine hours and direct labor hours. It is different from the budget denominator entity which is used in determining the fixed overhead standard rate. If the denominator of hours exceeds the standard hours allowed then the variance is unfavorable and is favorable in the opposite case.


Related Questions

Sophie, the CFO of Slolum Ski Supplies, received a watch from one of her company's largest vendors, Colorado Ski Shoppe. She received the gift with a card congratulating her on Slolum's recent merger with another company. In determining whether accepting the gift would create a significant threat to her compliance with the American Institute of Certified Public Accountants Code, which factor should Sophie consider?
Explain how you would maintain up-to-date knowledge about personal finances and career opportunities in order to achieve your iSMART goals.
How did utilitarians seek to modify laissez-faire ideas?
Free enterprise system → A system in which businesses may buy, sell, and set prices with little government controlTrue False
Cecelia's government provides for her basic needs. In return, Cecelia works in the factory downtown, as she always has since the government assigned her there. Cecelia's government can be considered

What is the primary purpose of most television commercials? A. to inform
B. to entertain
C. to persuade
D. to commemorate

Answers

Answer:

Letter C.  to persuade

Explanation:

The main purpose of television commercials is to persuade the public to consume the advertised products. In this way, through persuasion, that is, through the strategy of convincing the viewer through emotion; TV commercials influence your choice of consumer.

option C to persuade, just took the test

Match each type of insurance with a situation in which the insurance would be useful.1: When you need to visit a doctor about an illness
2: When your house and possessions are destroyed by a fire
3: When your car is damaged by someone who has no auto insurance
4: When you have to take a month off from work because of an injury or illness
___: Uninsured motorists coverage
___: Homeowner's insurance
___: Disability insurance
___: Managed-care coverage

Answers

 When you need to visit a doctor about an illness;Managed-care coverage
When your house and possessions are destroyed by a fire;Homeowner's insurance
When your car is damaged by someone who has no auto insurance;Uninsured motorists coverage
When you have to take a month off from work because of an injury or illness;
Disability insurance
hope it helps

Answer:

Auto insurance: Repairs on damaged vehicles;

Disability insurance: Wages lost because of injury or illness;

Renter's insurance: Stolen personal possessions; Health insurance:

Visits to the doctor or hospital.

Explanation:

apexs

________ are tradition-bound, suspicious of changes, and adopt an innovation only when it has become something of a tradition itself.A. Latent innovatorsB. Early adoptersC. Early mainstream adoptersD. Lagging adoptersE. Late mainstream adopters

Answers

Answer:

The answer is D. Lagging Adopters

Explanation:

Lagging Adopters is the answer because, this group is slow to adapt to new ideas or technology. They tend to adopt only when they are forced to or because everyone else has already.

"A storm damaged Mr. Smith’s roof, allowing rainwater to leak into the house. Mold began to grow. It cost $5200 to repair the roof and $2500 to clean up the mold. Mr. Smith’s policy has a $500 deductible, and it excludes mold damage. How much did the insurance company pay Mr. Smith?"

Answers

Answer: $4,700

Explanation:

Given that,

Repairing cost of roof = $5,200

Cost to clean up the mold = $2,500

Policy Deductible = $500

It was given that mold damage is excluded.

So, insurance company should pay Mr. Smith:

= Repairing cost of roof - Policy Deductible

= $5,200 - $500

= $4,700

Therefore, the insurance company pay Mr. Smith the amount equal to $4,700.

Final answer:

Mr. Smith's insurance company paid him $4700 for roof repairs after a storm, deducting a $500 policy deductible. The mold cleanup costs were not covered by the insurance.

Explanation:

The question is asking for the amount Mr. Smith's insurance company paid him following a storm that damaged his roof. Initially, it cost Mr. Smith $5200 to repair the roof and an additional $2500 to clean up the mold. However, his insurance policy had a $500 deductible, and it did not cover mold damage. Therefore, the insurance company paid the amount for the roof repairs (which is $5200), minus the $500 deductible. Hence, the insurance company paid Mr. Smith $4700, as the mold damage costing $2500 was excluded from the policy.

Learn more about Insurance Payment here:

brainly.com/question/39045343

#SPJ12

Which of the following rules should be used to keep the appropriate distance between your vehicle and the vehicle in front of you?A. Golden rule
B. Two-car length rule
C. Two-second rule
D. Both A and C

Answers

The rule that should be kept for the appropriate distance between your vehicle and the vehicle in front of you is the two car length rule. This helps keep accidents from happening to the person driving behind. 
The right answer for the question that is being asked and shown above is that: "B. Two-car length rule." The rule that should be used to keep the appropriate distance between your vehicle and the vehicle in front of you is that of Two-car length rule

Does mechanical engineering accommodate sick time or leave with pay

Answers

Well it really depends on your employer's policy on those two issues. Also, is this homework related?
I am sure that with time put in on the job... that perk would be a definite