Multiple Choice
Under the __________ method of allocating service department costs, services provided by service departments to other service departments are ignored and all service department costs are allocated directly to the operating departments.
A) step-down
B) weighted-average
C) direct
D) FIFO
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Easy Incorporated uses the first-in, first-out method
Q2: Lorona Incorporated has provided the following data
Q3: Whiston Corporation uses the weighted-average method in
Q5: Mccabe Corporation uses the weighted-average method in
Q6: Rauzman Corporation uses the first-in, first-out method
Q7: Maute Clinic has two service departments, Administrative
Q8: Esty Corporation uses the weighted-average method in
Q9: Mullins Corporation uses the first-in, first-out method
Q10: Crone Corporation uses the first-in, first-out method
Q11: Blondell Legal Services, Limited Liability Company, uses