A Company Incurred $120,000 of Common Fixed Costs and $180,000

question 25

Short Answer

A company incurred $120,000 of common fixed costs and $180,000 of common variable costs.These costs are to be allocated to Departments XX and YY.Data on capacity provided and capacity used are as follows: $$\begin{array} { c c c } & \text { Capacity Pravided } & \text { Capacity Used } \\\text { Department }& \text { in Hours } & \text { in Hours } \\ \text { XX } & 500 & 400\\\text { YY }&300&400\end{array}$$

Assume that both fixed and variable costs are allocated on the basis of capacity used.What are the fixed and variable costs allocated to Department XX?
$\begin{array}{llcc} &\text { Fixed } & \text {Variable } \\\end{array}$
A) $\begin{array}{llcc}\$ 60,000 & \$ 90,000 \\\end{array}$
B) $\begin{array}{llcc} \$ 60,000 & \$ 112,500\\\end{array}$
C) $\begin{array}{llcc} \$ 75,000 & \$ 90,000\\\end{array}$
D) $\begin{array}{llcc} \$ 75,000& \$ 112,500 \\\end{array}$

Recognize the historical developments and national origins of intelligence testing.

Understand the historical development and foundational theories of sociology.

Identify and explain the contributions of key sociological theorists.

Recognize the significance of sociological imagination in connecting personal experiences to larger social structures.

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Definitions:

Baby Boomers

Baby Boomers are individuals born during the post-World War II baby boom, approximately between 1946 and 1964, characterized by significant economic prosperity and social changes.

Rites of Passage

Ceremonial events or rituals that mark an individual's transition from one status to another within their society.

30 Year Span

A period of thirty years used as a measure of time to assess or discuss changes, developments, or events.

Age Stratification

The division or categorization of people into different age groups within a society, influencing their roles, rights, responsibilities, and social status.