To capitalize an expenditure means charging it to an asset account
Indicate whether the statement is true or false.
TRUE
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Which of these is the right skill set of emotional intelligence?
A. encouraging coercion among employees B. showing empathy C. advising others how to stay happy at work D. maintaining the status quo E. avoiding constructive criticism
Cardec, Inc, a leading manufacturer of car spare parts, divided its manufacturing process into two
Departments - Production and Packing The estimated overhead costs for the Production and Packing departments amounted to $14,000,000 and $20,000,000, respectively. The company produces two types of parts - Part 1 and Part 2. The total estimated labor hours for the year were 40,000, and estimated machine hours were 35,000. The Production department is mechanized, whereas the Packing department is labor oriented. Calculate departmental predetermined overhead allocation rates. Production Packing Machine hours Labor hours Part 1 10,000 30,000 Part 2 25,000 10,000 35,000 40,000 What will be an ideal response