Question

Internal costs that are charged to the segments of a business are called ________. Group of...

Internal costs that are charged to the segments of a business are called ________. Group of answer choices fixed costs variable costs allocated costs controllable costs

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Ans is allocated costs

Reason:-

In allocation costs of one department is allocated to other departments on the basis of their use of activity.

__________________________________________END_____________________________________________________
Hi mate,
I would be grateful to you if you can provide a thumbs up and write one beautiful comment. It will improve my rating and let me continue my journey here.
In case of doubt, please comment. I will consider myself fortunate if I can help you.
All the best for your bright future.
Be safe from the corona. Wear a mask before going out and wash hands frequently especially before touching the face
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Costs incurred in the operation of a production plant are called: Group of answer choices indirect...
Costs incurred in the operation of a production plant are called: Group of answer choices indirect costs fixed costs direct costs variable
Haribo  has multiple business segments. Which is true from below? Multiple Choice If a business segment is...
Haribo  has multiple business segments. Which is true from below? Multiple Choice If a business segment is entirely eliminated, a true common fixed cost will decrease. Fixed costs traceable to a business segment can become common costs if the business segment is divided into smaller segments. Both traceable and common fixed costs should be charged to business segments. Traceable fixed costs are incurred to support more than one business segment and thus should not be charged to any particular segment. The...
Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear...
Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below: Sales revenues, Apparel $ 730,000 Variable expenses, Apparel $ 316,000 Traceable fixed expenses, Apparel $ 185,000 Sales revenues, Accessories $ 837,000 Variable expenses, Accessories $ 436,000 Traceable fixed expenses, Accessories $ 122,000 Common fixed expenses totaled $431,000 and were allocated as follows: $212,000 to the Apparel business segment and $219,000 to the Accessories business segment. Required: Prepare a segmented income statement in the...
Data for January for Bondi Corporation and its two major business segments, North and South, appear...
Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North $ 660,000 Variable expenses, North $ 383,000 Traceable fixed expenses, North $ 79,000 Sales revenues, South $ 510,000 Variable expenses, South $ 291,000 Traceable fixed expenses, South $ 66,000 In addition, common fixed expenses totaled $179,000 and were allocated as follows: $93,000 to the North business segment and $86,000 to the South business segment. A properly constructed segmented income statement...
Select all of the Following that would most likely be considered a Sunk Cost. Group of...
Select all of the Following that would most likely be considered a Sunk Cost. Group of answer choices Cost of the Salary for the Newly Hired VP of Production Cost of Truck Purchased for Deliveries to Customers Cost of Land Purchased to Build a Factory Cost of Monthly Rental of a Forklift for the Factory Cost of Office Equipment in the Accounting Department Cost of the Monthly Fixed Cost for Internet Service Which One is True ? Group of answer...
Accounting Services, Inc. has two customers. Customer X generates $600,000 in income after direct fixed costs...
Accounting Services, Inc. has two customers. Customer X generates $600,000 in income after direct fixed costs are deducted, and Customer Z generates $580,000 in income after direct fixed costs are deducted. Allocated fixed costs total $1,000,000 and are assigned 40 percent to Customer X and 60 percent to Customer Z. Total allocated fixed costs remain the same regardless of how these costs are assigned to customers. What is the amount of allocated fixed costs to be assigned to Customer Z?...
Research & Development (R&D) expenditures can be considered _______ costs. Group of answer choices long-term sunk...
Research & Development (R&D) expenditures can be considered _______ costs. Group of answer choices long-term sunk fixed variable
tubaugh corporation has two major business segments--East and West. In december, the east business segment has...
tubaugh corporation has two major business segments--East and West. In december, the east business segment has sales revenue of $280,000, variable expenses of $155,000 and traceable fixed expense of $35,000. During the same month, the west business segment has sales revenue of $950,000, variable expenses of $496,000 and traceable fixed expenses of $181,000. the common fixed expenses total $270,000 and were alloacated as follows: $135,000 to the east business segment and $135,000 to the west business segment. Aproperly constructed segmented...
1) As a firm’s production increases: Group of answer choices a Average variable costs increase initially...
1) As a firm’s production increases: Group of answer choices a Average variable costs increase initially and eventually decrease b Average fixed costs will increase c Average total costs decrease initially and eventually increase d Total fixed costs will decrease e Its total variable costs increase initially and eventually decrease 2) Mr. Hudson notes that if he produces 10 pairs of shoes per day, his average fixed cost (AFC) is $14, and his marginal cost is $8; if he produces...
Variable Factory Overhead Controllable Variance = Actual Variable Factory Overhead – Budgeted Variable Factory Overhead Group...
Variable Factory Overhead Controllable Variance = Actual Variable Factory Overhead – Budgeted Variable Factory Overhead Group of answer choices A) True B) False
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT