Answer the Following Questions Using the Information Below:
Dandenong Enterprises

question 92

Multiple Choice

Answer the following questions using the information below:
Dandenong Enterprises has identified three cost pools to allocate overhead costs.The following estimates are provided for the coming year:
$$\begin{array}{l}\begin{array} { l r l r } \text { Cost Pool } & \text { Overhead Costs } & \text { Cost Driver } & \text { Activity level } \\\text { Supervision of direct labour } & \$ 320000 & \text { Direct labour-hours } & 800000 \\\text { Machine maintenance } & \$ 120000 & \text { Machine-hours } & 960000 \\\text { Facility rent } & \$ 200000 & \text { Square metres of area } & 100000 \\\text { Total overhead costs } & \$ 640000 & &\end{array}\\\\\text { The accounting records show the Leongatha job consumed the following resources: }\\\\\begin{array} { l c } \text { Cost Driver } & \text { Actual Level } \\\text { Direct labour-hours } & 300 \\\text { Machine-hours } & 2400 \\\text { Square metres of area } & 75\end{array}\end{array}$$
-If Dandenong Enterprises uses the three activity cost pools to allocate overhead costs,what are the activity-cost driver rates for supervision of direct labour,machine maintenance and facility rent,respectively?

• A)$1.25 per dlh,$0.25 per mh,$0.50 per sq mtr
• B)$0.60 per dlh,$0.025 per mh,$0.80 per sq mtr
• C)$0.40 per dlh,$0.05 per mh,$0.20 per sq mtr
• D)$0.40 per dlh,$0.125 per mh,$2 per sq mtr

Comprehend the role of customer service and its components in sustaining satisfying customer relationships.

Distinguish between different types of relationships (e.g., business friendships, intimate friendships) within professional settings.

Understand the concept and importance of relationship marketing.

Identify the factors determining the frequency of sales calls and account visits.

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Definitions:

Interest

Interest is the cost paid for borrowing money, typically expressed as an annual percentage of the principal amount, distinct from interest charged to specific loans.

IFRS

International Financial Reporting Standards, which are global accounting standards for preparing financial statements.

Liquidity

A measure of a company's or individual's ability to meet short-term obligations, often associated with the ease of converting assets into cash.

Liabilities

Financial obligations or debts that a company owes to external parties, which must be settled over time through the transfer of assets, provision of services, or other value.