The nontraceable operating costs of the resort amount

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Unformatted text preview: The nontraceable operating costs of the resort amount to $3 million. By careful study, the management accountant at SeaScape has determined that, while the costs are not directly traceable, the total of $3 million could be fairly allocated to the four cost drivers as follows. Using the information regarding the allocation of the $3 million to the four cost drivers, determine the amount of cost to be allocated to the Harborview Resort. Answer Selected Answer: $715,000 Question 24 2 out of 2 points The manager acting independently in such a way as to simultaneously achieve top management's objectives is: Answer Selected Answer: Goal congruence. Question 25 2 out of 2 points Managers who are risk prone: Answer Selected Answer: Question 26 2 out of 2 points "Outsourcing" a cost center is often done to: Answer Selected Answer: Question 27 2 out of 2 points The process by which managers at all levels in the firm gain information about the performance of tasks within the firm and judge that performance against pre- established criteria is: Answer Selected Answer: Question 28 2 out of 2 points Todweed Academy allocates marketing and administrative costs to its three schools based on total annual tuition revenue for the schools: Using revenue as an allocation base, the amount of costs allocated to the Middle School is calculated to be: Answer Selected Answer: $320,000. Question 29 2 out of 2 points For production and support departments, a method of implementing cost centers that is output-oriented is the: Answer Selected Answer: Question 30 2 out of 2 points An employment contract is an agreement between the manager and top management designed to provide incentives for the manager to act: Answer Selected Answer: Question 31 2 out of 2 points Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For 2010, estimated direct labor hours are 133,000 and estimated factory overhead is $785,300. The following information is for September 2010. Job X was completed during September, while Job Y was started but not finished. Round calculations to two significant digits. The underapplied or overapplied overhead for September is: Answer Selected Answer: Question 32 2 out of 2 points Vadis Inc. is a job- order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For 2010, estimated direct labor hours were 114,000 and estimated factory overhead was $695,400. The following information was for September 2010. Job X was completed during September, while Job Y was started but not finished. The total cost of Job X is: Answer Selected Answer: $151,900....
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The nontraceable operating costs of the resort amount to $3...

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