The preferred guidelines for allocating service department costs to user departments include ________
A) combining variable-cost and fixed-cost pools
B) establishing details about cost allocation after providing services
C) using actual costs for allocation of fixed costs and variable costs
D) allocating variable-cost and fixed-cost pools separately
D
Business
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Liberty Corporation reported beginning and ending total assets of $25,000 and $22,000, respectively. Its net sales for the year were $18,800. What was Liberty's asset turnover ratio?
a.) 0.75 b.) 0.85 c.) 0.80 d.) 1.25
Business
People suffering from sticker shock probably have
A) overestimated their real income. B) underestimated their nominal income. C) overestimated inflation. D) underestimated inflation.
Business