Describes a segment of a business responsible for cost

Assignment Help Managerial Accounting
Reference no: EM132608261

Problem 1: Which of the following best describes a segment of a business responsible for both revenues and costs?

A) A cost centre.

B) A residual income centre.

C) A profit centre.

D) An investment centre.

Reference no: EM132608261

Questions Cloud

Give starbucks swot analysis : Give Starbucks SWOT analysis? Weaknesses, Strengths, Threats and Opportunities.
Find what was the company operating income for the year : $150,000 last year and a return on investment (ROI) of 12%. If the company's turnover was 3, what was the company's operating income for the year?
What were ieso company total fixed expenses for the year : What were Ieso Company's total fixed expenses for the year? Ieso Company reported operating income of $30,000 and sales of $450,000.
What are your recommendations to make the course better : Which of the topics presented to you thus far in this course has been most difficult to understand? Why? What are your recommendations to make this course?
Describes a segment of a business responsible for cost : Which of the best describes a segment of a business responsible for both revenues and costs? A residual income centre./ An investment centre.
What was the labour rate variance for april : What was the labour rate variance for April? Borden Enterprises uses standard costing. For the month of April, the company reported the data
How will the split effect retained earnings : Prior to the split, the company had 50,000 shares of $1 par common stock outstanding, How will the split effect retained earnings
Which entrycorrectly record charging of direct labour cost : Which entries would correctly record the charging of direct labour costs to Work in Process given an unfavourable labour efficiency variance
What is Anderson Quick Ratio : Anderson Manufacturing has current assets of $440 million, current liabilities of $65, inventory of $30, and cash of $3. What is Anderson's Quick Ratio

Reviews

Write a Review

 

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd