Ransom Widgets Allocates the Estimated Cost of Its Accounting Department

question 37

Short Answer

Ransom Widgets allocates the estimated cost of its accounting department, $200,000, to its production and sales departments since the accounting department supports these departments with regard to payroll and accounts payable functions. The accounting department costs will be allocated based on the number of employees using the direct method. Information regarding employees follows: $$\begin{array} { l c } \text { Department } & \text { Employees } \\\text { Accounting } & 4 \\\text { Production } & 36 \\\text { Sales } & 12\end{array}$$ How much of the accounting department costs will be allocated to the production and sales departments, respectively? $$\begin{array} { l r r } & \text { Production } &{ \text { Sales } } \\\text { A. } & \$ 150,000 & \$ 50,000 \\\text { B. } & \$ 180,000 & \$ 60,000 \\\text { C. } & \$ 1,800,000 & \$ 600,000 \\\text { D. } & \$ 22,222 & \$ 66,667\end{array}$$

Describe the procedures for safe and effective specimen collection and transportation.

Recognize the role of microorganisms in human health, including both pathogenic and beneficial organisms.

Identify measures to control and prevent the spread of infectious diseases.

Understand the concept of antimicrobial resistance and strategies to mitigate it.

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Definitions:

Compounded Semi-annually

Interest calculated on the initial principal and the interest that has been added on a bi-annual basis.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Hourly Rate

The amount of money paid or earned for each hour of work.

Equivalent

Equal in value, amount, function, meaning, etc.