Find how much of the accounting department costs allocate

Assignment Help Accounting Basics
Reference no: EM132574463

Question 1: Hogan Inc. allocates its accounting department's costs to its production and sales departments based on the number of employees in each department using the direct method. If the accounting department's costs are $4,470,000, use the following information regarding costs and employees to determine how much of the accounting department's costs will be allocated to the production department?

Department       Employees

Accounting                 4

Production                 27

Sales                       32

Reference no: EM132574463

Questions Cloud

How much of the partnership profit : How much of the $58,000 partnership profit for 2018 should be assigned to each partner? Jones, the managing partner, receives a bonus equal to 25 percent
Determine the amount of the impairment loss : Determine the amount of the impairment loss, and provide the journal entry necessary to recognise any impairment in the equipment
Executive pay : Some evidence suggests that there is a direct and positive relationship between a firm's size and its top-level managers' compensation.
QAB020X630G Business Project Assignment : QAB020X630G Business Project Assignment Help and Solution, University of Roehampton London - Assessment Writing Service
Find how much of the accounting department costs allocate : Hogan Inc. allocates its accounting department's costs, Determine how much of the accounting department's costs will be allocated to the production department?
Prepare necessary journal entries for november : On November 1, 2019 Ohio Corp. purchased 90-day municipal bonds with a face value of $36,000. Prepare necessary journal entries for November
Compare passive rfid and active rfid inventory solutions : Define and compare passive RFID and active RFID Inventory solutions
How can literacy instruction help students understand : How can literacy instruction help students understand and comprehend text and think critically about texts and the world?
Discuss one difference in ias vs gaas : Discuss one difference in IAS (vs. GAAS) audit regulations that would affect an auditor, if your audit process were being conducted under IAS standards.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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