KH Connect Q1, 2017 Q2, 2017 Employee costs 2,250 Q3, 2017 2,200 105 Q2, 2018 2,100 2,200 Q4, 2017 2,100 100 Q1, 2018 2,100 110 IT 100 105 115 Legal costs 250 245 250 250 235 260 580 500 525 525 550 575 Product & Marketing Property & Equipment 250 260 265 275 280 285 WebLink Q1, 2017 Q2, 2017 Q3, 2017 Q4, 2017 Q1, 2018 02, 2018 2,555 2,550 2,550 2,535 2,530 2,525 Employee costs IT 160 170 175 185 200 225 Legal costs 300 295 295 300 295 320 Product & Marketing 600 630 635 660 680 700 Property & Equipment 300 315 320 330 335 345 Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those incurred by WebLink? | Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those inccured by Weblink? Q2 2018 Will the answer be employee cost or IT? Employee IT Legal 2100/2525=0.83 115/225=0.051 2525/2100-1.2 225/115-1.96 260/320-0.81 320/260-1.23 Product 580/700=0.83 700/58-1.21 Property 285/345-0.82 345/285-1.21

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Hi there!

I want to check if the way Im trying to work the question out is correct. Please let me know if its right. Thanks!

Please see the 2 attached images.

 

KH Connect
Q2, 2017
Q1, 2018
Employee costs
Q3, 2017
2,200
105
Q2, 2018
2,100
2,200
Q4, 2017
2,100
100
2,100
IT
105
110
115
Legal costs
245
250
250
235
260
Product & Marketing
525
525
550
575
580
Property & Equipment
260
265
275
280
285
WebLink
Q1, 2017
Q2, 2017
2,555
Employee costs
IT
Q3, 2017
2,550
175
Q2, 2018
2,525
2,550
170
Q4, 2017
2,535
185
Q1, 2018
2,530
200
160
225
Legal costs
300
295
295
300
295
320
Product & Marketing
600
630
635
660
680
700
Property & Equipment
300
315
320
330
335
345
If employee costs were distributed equally for both WebLink and KH Connect, for which company, and for which year, was the highest employee
cost per city?
If employee cost were distributed equally for both Weblink & KH Connect, for which company and for which year, was the highest employee cost per city?
2017
2018
Will the answer be Weblink 2017?
KH Connect (2250+2200+2200+2100)/4=2187.5
Weblink (2555+2550+2550+2535)/4=2547.5
(2100+2100)/2=2100
(2530+2525)/2=2527.5
Q1, 2017
2,250
100
250
500
250
Transcribed Image Text:KH Connect Q2, 2017 Q1, 2018 Employee costs Q3, 2017 2,200 105 Q2, 2018 2,100 2,200 Q4, 2017 2,100 100 2,100 IT 105 110 115 Legal costs 245 250 250 235 260 Product & Marketing 525 525 550 575 580 Property & Equipment 260 265 275 280 285 WebLink Q1, 2017 Q2, 2017 2,555 Employee costs IT Q3, 2017 2,550 175 Q2, 2018 2,525 2,550 170 Q4, 2017 2,535 185 Q1, 2018 2,530 200 160 225 Legal costs 300 295 295 300 295 320 Product & Marketing 600 630 635 660 680 700 Property & Equipment 300 315 320 330 335 345 If employee costs were distributed equally for both WebLink and KH Connect, for which company, and for which year, was the highest employee cost per city? If employee cost were distributed equally for both Weblink & KH Connect, for which company and for which year, was the highest employee cost per city? 2017 2018 Will the answer be Weblink 2017? KH Connect (2250+2200+2200+2100)/4=2187.5 Weblink (2555+2550+2550+2535)/4=2547.5 (2100+2100)/2=2100 (2530+2525)/2=2527.5 Q1, 2017 2,250 100 250 500 250
KH Connect
Q1, 2017
Q2, 2017
Q1, 2018
2,100
Employee costs
Q3, 2017
2,200
105
Q2, 2018
2,100
2,250
Q4, 2017
2,100
100
2,200
105
IT
100
110
115
Legal costs
250
245
250
250
235
260
Product & Marketing
500
525
525
550
575
580
Property & Equipment
250
260
265
275
280
285
WebLink
Q1, 2017
Q2, 2017
Employee costs
2,555
2,550
170
Q3, 2017
2,550
175
Q4, 2017
2,535
185
Q1, 2018
2,530
200
295
Q2, 2018
2,525
225
IT
160
Legal costs
300
295
295
300
320
Product & Marketing
600
630
635
660
680
700
Property & Equipment
300
315
320
330
335
345
Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those incurred by WebLink?
Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those inccured by Weblink?
Q2 2018
Will the answer be employee cost or IT?
Employee
IT
2100/2525=0.83
115/225=0.051
2525/2100=1.2
225/115-1.96
Legal
260/320=0.81
320/260=1.23
Product
580/700=0.83
700/58=1.21
Property 285/345-0.82
345/285=1.21
4
Transcribed Image Text:KH Connect Q1, 2017 Q2, 2017 Q1, 2018 2,100 Employee costs Q3, 2017 2,200 105 Q2, 2018 2,100 2,250 Q4, 2017 2,100 100 2,200 105 IT 100 110 115 Legal costs 250 245 250 250 235 260 Product & Marketing 500 525 525 550 575 580 Property & Equipment 250 260 265 275 280 285 WebLink Q1, 2017 Q2, 2017 Employee costs 2,555 2,550 170 Q3, 2017 2,550 175 Q4, 2017 2,535 185 Q1, 2018 2,530 200 295 Q2, 2018 2,525 225 IT 160 Legal costs 300 295 295 300 320 Product & Marketing 600 630 635 660 680 700 Property & Equipment 300 315 320 330 335 345 Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those incurred by WebLink? Which of the following was the highest cost incurred by KH Connect in Q2 2018 as a percentage of those inccured by Weblink? Q2 2018 Will the answer be employee cost or IT? Employee IT 2100/2525=0.83 115/225=0.051 2525/2100=1.2 225/115-1.96 Legal 260/320=0.81 320/260=1.23 Product 580/700=0.83 700/58=1.21 Property 285/345-0.82 345/285=1.21 4
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Database design
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education