Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. soprano corporation allocates administrative costs

Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and...

70.2K

Verified Solution

Question

Accounting

Soprano Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-run monthly usage of staff hours for Operating Departments 1 and 2 follow.
Department 1 Department 2 Total
Short-run usage (hours)90,000130,000220,000
Long-run usage (hours)100,000120,000220,000
If Soprano uses dual-cost accounting procedures and fixed administrative costs total $1,100,000, the amount of fixed administrative costs to allocate to Department 1 would be: (Do not round intermediate calculations.)
Multiple Choice
$450,000.
$500,000.
$550,000.
$950,000.
None of the answers is correct.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Calculate the change in pH when 0.32 mol H+ is added to 1.00 L of each of the...

Chemistry
Q

You have just been hired by FAB Corporation, the manufacturer of a revolutionary new garage door...

Accounting
Q

Party Overview of Responsibilities Stockholders Provide effective oversight through election of board members, through approval of major initiatives (such...

Accounting
Q

In a gas discharge tube if 1 25 into 10 to the power 16 electrons...

Physics
Q

Given the diagram of the spinner describe how to change each sector of the spinner...

Geometry
Q

9. The time required to deliver and install a computer at a customer's location is...

Basic Math
Q

Identify the error in the student solution shown below. Find the correct answer.2ln(x) = In(3x)...

Basic Math
Q

Lakeside Inc. Is considering replacing old production equipment with state-of-the-art technology...

Accounting
Q

only need help on number 6! Hrubec Products, Inc., operates a Pulp Division...

Accounting
Q

Exercise \#1: Fill in the missing blanks in the following Income Statement \begin{tabular}{|c|c|c|} \hline Income...

Accounting
Q

Changes in Current Operating Assets and Liabilities-Indirect Method Mohammed Corporation's comparative balance sheet for current...

Accounting
Q

You must solve 3 , 5 and 7 10 3. Complete the following...

Accounting