Plants Company Has Two Support Departments (S1 and S2)and Two

question 72

Multiple Choice

Plants Company has two support departments (S1 and S2) and two producing departments (P1 and P2) .Department S1 costs are allocated on the basis of number of employees,and Department S2 costs are allocated on the basis of space occupied expressed in square metres. Data on direct department costs,number of employees,and space occupied are as follows:
$\begin{array}{lrrrr}&\text { S 1}& \text { S 2} &\text { P 1} &\text { P 2}\\\text { Direct dept. costs } & \$ 7,500 & \$ 11,000 & \$ 27,500 & \$ 30,000 \\\text { Number of employees } & 10 & 5 & 20 & 25 \\\text { Space occupied (sq. metres.) } & 1,000 & 500 & 1,500 & 2,500\end{array}$
When Plants uses the sequential method,the support department allocated first is the one with the highest percentage of interdepartmental service.The choice of the department allocated first is determined by the comparison of which of the following sets of ratios for S1 and S2,respectively?

• A)5/50; 1,000/5,000
• B)5/60; 1,000/5,500
• C)10/50; 1,000/5,000
• D)10/55; 500/4,500

Describe the phases and purposes of meiosis.

Identify and explain the functions of extraembryonic membranes and structures involved in embryo development.

Understand the processes and significance of fertilization, cleavage, and implantation.

Distinguish between different germ layers and their contributions to fetal development.

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Definitions:

Periodic Method

An inventory accounting method where updates to the inventory records are made periodically, typically at the end of the accounting period.

Merchandise Inventory

Goods available for sale, reported as a current asset on a company's balance sheet.

Income Statement

A financial document that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and profits.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time.