A Company Has Two Departments,Y and Z That Incur Wage

question 38

Multiple Choice

A company has two departments,Y and Z that incur wage expenses.An analysis of the total wage expense of $19,000 indicates that Dept.Y had a direct wage expense of $2,000 and Dept.Z had a direct wage expense of $3,500.The remaining expenses are indirect and analysis indicates they should be allocated evenly between the two departments.Departmental wage expenses for Dept.Y and Dept.Z,respectively,are:

• A)$8,750;$10,250.
• B)$10,250;$8,750.
• C)$9,500;$9,500.
• D)$2,000;$3,500.
• E)$6,750;$6,750.

Understand the impact of stock transactions on the cash flow statement.

Analyze the effect of changes in inventory, receivables, and payables on cash flow from operations.

Interpret the information contained in the cash flow statement to assess the financial health of a company.

Understand the impact of treasury stock transactions on the cash flow statement.

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