Examlex

Solved

Answer the Following Questions Using the Information Below:
Kosciuszko Land

question 107

Multiple Choice

Answer the following questions using the information below:
Kosciuszko Land and Snow Company provides the following ABC costing information:
 Activities  Total Costs  Activity-cost Drivers  Labour hours $24000012000 hours  Fuel $270009000 litres  Invoices $300003750 invoices  Total costs $1912000 The above activities used by their three departments are:  Lawn Department  Bush Department  Ploughing Department  Labour hours 2500 hours 1200 hours 4300 hours  Fuel 1500 litres 800 litres 3700 litres  Invoices 1600 invoices 400 invoices 500 invoices \begin{array}{l}\begin{array} { l r c } \text { Activities } & \text { Total Costs } & \text { Activity-cost Drivers } \\\text { Labour hours } & \$ 240000 & 12000 \text { hours } \\\text { Fuel } & \$ 27000 & 9000 \text { litres } \\\text { Invoices } & \$ 30000 & 3750 \text { invoices } \\ { \text { Total costs } } & \$ 1912000 &\end{array}\\\\\text { The above activities used by their three departments are: }\\\\\begin{array} { l c c c } & \text { Lawn Department } & \text { Bush Department } & \text { Ploughing Department } \\\text { Labour hours } & 2500 \text { hours } & 1200 \text { hours } & 4300 \text { hours } \\\text { Fuel } & 1500 \text { litres } & 800 \text { litres } & 3700 \text { litres } \\\text { Invoices } & 1600 \text { invoices } & 400 \text { invoices } & 500 \text { invoices }\end{array}\end{array}
-How much of the total costs will be assigned to the Lawn Department?


Definitions:

Operation Of Law

A legal term that indicates a transfer or alteration of rights or obligations occurs automatically due to predetermined legal rules, rather than actions by the party involved.

Constructive Trustee

A person appointed by a court to hold and manage assets for the benefit of another, typically due to wrongful possession or acquisition of those assets.

Property Transfer

The act of changing ownership of real estate or personal property from one person or entity to another.

Fraud Or Duress

refers to unlawful pressure or deceit used to coerce someone into a contractual agreement, compromising the agreement's validity.

Related Questions