Bambi Company has two departments. Relevant information is presented below: Department 1 Department 2 Budgeted total assets $1,000,000 $2,000,000 Actual total assets $1,200,000 $2,300,000 Budgeted sales $500,000 $2,000,000 Actual sales $300,000 $2,100,000 Total company-wide advertising costs are $540,000. The advertising costs are allocated based on sales using the preferred approach. What amount of advertising costs is allocated to Department

At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.

Partnerships are the most common type of business firms in the world. t/f

Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.