Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the science institute has three departments: biolo

The Science Institute has three departments: Biology, Chemistry, and Physics. The institute's controller wants to...

50.1K

Verified Solution

Question

Accounting

The Science Institute has three departments: Biology, Chemistry, and Physics. The institute's controller wants to estimate the cost of operating each department. He has identified several indirect costs that must be allocated to each department including $45,000 of indirect salaries, $5,500 of office supplies, and $37,500 of office rent. There are 500 students in the biology department, 200 in chemistry and 300 in physics (1,000 total students as the allocation base). The amount of cost that should be allocated to the Chemistry Department is:

A. $44,000.

B. $17,600.

C. $26,400.

D. There is no correct answer.

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

A security consultant has observed that the attempts to breach the security of the companys computer...

Statistics
Q

1. Two approaches for correcting single-gene defects are gene therapy such as is discussed in Section...

Biology
Q

23 A rigid insulated wire frame in the form of a rig gled triangle ABC...

Physics
Q

A charge Q is kept at the corner of a cube Electric flux passing through...

Physics
Q

r t 5 4 sint cost 4 3 2 1 A Clear All Draw 5...

Geometry
Q

Iron is an integral part of many proteins and enzymes that maintain good health. Recommendations...

Basic Math
Q

Given the equation y 8x 9 answer the following questions www a If x increases...

Calculus
Q

2 A 50 meter vertical tower is braced with a cable secured at the top...

Algebra
Q

Find the following Assume that x can represent any real number Use absolute value notation...

Algebra
Q

Frost-Byte is planning to introduce a new product that will sell for $12...

Accounting
Q

Brief Exercise 12-2 (Algo) Prepare horizontal analysis (LO12-2) Perform a horizontal analysis peoviding both the...

Accounting
Q

PESTEL Analysis 1. Political factors 2. Economic factors 3. Social factors 4. Technological factors 5....

Accounting