The answers are percentages of the whole.  Professors is used for one and number of students for advising.  What is the total cost for the company and then what is it on a per “unit” bases.  Then multiple the number in each department by the per unit cost.  This separates it into how much to charge each department.         Instructional Accounting  Instructional Business  Revenues   $        500,000  $     1,000,000 Operating Expenses   $        250,000  $        550,000 Income before Service Charges             Investment

Q: the Custodial Division of Clark's Corporate Services (CCS) has assets of $1.2 million. During the…

A: Residual income: The residual income indicates the income or money the company or an individual has…

Q: Use the information below to answer the two questions that follow. A company has two service…

A: Direct Method: Under direct method, service department costs are allocated to production departments…

Q: he Break Division

A: Operating income is used to calculate the profits or the entity's cash flow. A residual is an amount…

Q: QS 9-14 (Algo) Components of performance measures LO A1, A2 Fill in the blanks in the schedule below…

A: profit margin ratio is a ratio that is calculated by taking net income on numerator and dividing it…

Q: Need answer for this question

A: If you have any questions let me know in comment box thankyou for your question.

Q: Sales revenue Income Average investment Sales margin Capital turnover ROI Residual income Division A…

A: Answer:- ROI meaning:- ROI means return on investment.. It is the measure that helps to determine…

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A: Cost allocation is the process wherein cost is divided between the cost object on the basis of…

Q: The following information is departmental cost allocation with two service departments and two…

A: Cost allocation is the process wherein the costs are identified and allocated to the appropriate…

Q: Prosperous Bank has three support areas (administration, human resources, and accounting) and three…

A: Algbraic method :Under this method the cost of the support area that serves the largest number of…

Q: mation applies to the questions displayed below.] y reported the following results from last year's…

A: Return on investment (ROI) is basically the return on the product. It is calculated as shown below.

Process Costing

Process costing is a sort of operation costing which is employed to determine the value of a product at each process or stage of producing process, applicable where goods produced from a series of continuous operations or procedure.  

Job Costing

Job costing is adhesive costs of each and every job involved in the production processes. It is an accounting measure. It is a method which determines the cost of specific jobs, which are performed according to the consumer’s specifications. Job costing is possible only in businesses where the production is done as per the customer’s requirement. For example, some customers order to manufacture furniture as per their needs.

ABC Costing

Cost Accounting is a form of managerial accounting that helps the company in assessing the total variable cost so as to compute the cost of production. Cost accounting is generally used by the management so as to ensure better decision-making. In comparison to financial accounting, cost accounting has to follow a set standard ad can be used flexibly by the management as per their needs. The types of Cost Accounting include – Lean Accounting, Standard Costing, Marginal Costing and Activity Based Costing.