Which of these is the most clear and unbiased basis for costallocation?Ability-to-bearBenefit Received...Which of...

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Accounting

Which of these is the most clear and unbiased basis for costallocation?
Ability-to-bear
Benefit Received
Cause-and-effect
None of these
Which of these is(are) ethical issues for cost allocation
Incentive to shift
Equity or fair-share
increasing costs of products purchased in high-tax countries
All of these
What is the reason for "incentive to shift costs fromcompetitive products to cost-plus-based products"?
Increase revenues and profits
Reducing tax liability
Both of these
Neither of these
Which of the general approaches for allocating overhead does sowith a single cost pool?
Departmental approach
Volume-based Approach
Activity-based approach
None of these
Which of the following is(are) methods to allocate servicedepartment costs?
Direct method
Step method
Reciprocal method
All of these
Which of the following methods applies costs of one servicedepartment to all of the remaining departments, then the nextservice department, and repeats until all service department costsare allocated to production departments?
Direct method
Step method
Reciprocal method
None of these
Which of the following methods allocates service costs on thebasis of reciprocal costs to each department (service andproduction) and repeats until there are no more costs left in theservice departments and all costs have been allocated to theproduction departments?
Direct method
Step method
Reciprocal method
None of these
What is the final step for each of the servicedepartment cost allocation methods?
Allocate service costs to the production departments
Allocate costs from prodcution departments to products
Both of these
Neither of these
Which of the following is joint costs?
Costs incurred processing joint products up to the split-offpoint
Costs incurred processing joint products AFTER the split-offpoint
All fo the costs
None of the costs
What is the main difference between joint products andby-products?
The sales value of the products
The cost of the products
How much work went into making the products
None of these

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1 Which of these is the most clear and unbiased basis for cost allocation Answer Cost and Effect Method 2 Which of these isare ethical issues for cost allocation Answer All of above all mentioned below can have ethical issues Incentive to shift Equity or fair share Increasing costs of products purchased in hightax See Answer

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In: AccountingWhich of these is the most clear and unbiased basis for costallocation?Ability-to-bearBenefit Received...Which of these is the most clear and unbiased basis for costallocation?Ability-to-bearBenefit ReceivedCause-and-effectNone of theseWhich of these is(are) ethical issues for cost allocationIncentive to shiftEquity or fair-shareincreasing costs of products purchased in high-tax countriesAll of theseWhat is the reason for "incentive to shift costs fromcompetitive products to cost-plus-based products"?Increase revenues and profitsReducing tax liabilityBoth of theseNeither of theseWhich of the general approaches for allocating overhead does sowith a single cost pool?Departmental approachVolume-based ApproachActivity-based approachNone of theseWhich of the following is(are) methods to allocate servicedepartment costs?Direct methodStep methodReciprocal methodAll of theseWhich of the following methods applies costs of one servicedepartment to all of the remaining departments, then the nextservice department, and repeats until all service department costsare allocated to production departments?Direct methodStep methodReciprocal methodNone of theseWhich of the following methods allocates service costs on thebasis of reciprocal costs to each department (service andproduction) and repeats until there are no more costs left in theservice departments and all costs have been allocated to theproduction departments?Direct methodStep methodReciprocal methodNone of theseWhat is the final step for each of the servicedepartment cost allocation methods?Allocate service costs to the production departmentsAllocate costs from prodcution departments to productsBoth of theseNeither of theseWhich of the following is joint costs?Costs incurred processing joint products up to the split-offpointCosts incurred processing joint products AFTER the split-offpointAll fo the costsNone of the costsWhat is the main difference between joint products andby-products?The sales value of the productsThe cost of the productsHow much work went into making the productsNone of these

	increasing costs of products purchased in high-tax countries
	All of these

	Allocate service costs to the production departments
	Allocate costs from prodcution departments to products

	Costs incurred processing joint products up to the split-offpoint
	Costs incurred processing joint products AFTER the split-offpoint