Use the Information Below to Answer the Following Question(s)

question 143

Multiple Choice

Use the information below to answer the following question(s) .We Be Warehouse Fitness Equipment incurred $80,000 of common fixed costs and $120,000 of common variable costs.Data are provided below for the capacity allowed and the capacity used. For both departments, common fixed costs are to be allocated on the basis of capacity available and common variable costs are to be allocated on the basis of capacity used.
-Assuming that fixed and variable costs are allocated according to capacity used then the fixed and variable costs allocated to the Barbell Department will be

• A)$30,000 and $50,000, respectively.
• B)$30,000 and $60,000, respectively.
• C)$30,000 and $75,000 respectively.
• D)$40,000 and $60,000, respectively.
• E)$60,000 and $40,000, respectively.

Recognize the role and leadership structure within a Patient-Centered Medical Home (PCMH).

Discern personal suitability and traits valuable for a career in medical assisting.

Learn about the organizations offering certification and continuing education requirements for medical assistants.

Understand the importance of professional behavior and good grooming in healthcare settings.

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Definitions:

Direct Labor Hours

The total hours worked by employees directly involved in the production process, used in calculating cost allocations and efficiency.

Allocation Base

A criterion or measure used for distributing or apportioning costs among various cost objects in a fair, equitable, and rational manner.

Plantwide Overhead Rate Method

A cost accounting method that applies a single overhead rate to all units produced across different departments or processes in a facility.

Cost Pools

A grouping of individual costs from which cost allocations are made later, used to distribute expenses in cost accounting practices.