Help Save&Exit; Sub 14Regute Required information The following information appl

Question

Help Save&Exit; Sub 14Regute Required information The following information applies to the questions displayed below Pattersons Department Store prepares monthly income statements by sales departments. These income statements are organized to show contribution margin, performance margin, and responsibility margin for each sales department, as well as operating income for the store as a whole. Part 1 of 2 The monthly salaries of the employees of the store's Accounting Department should be classifled as a Mutiple Choice Common fised cos Tracesble fiwed cost Commimed fxed cost MacBook Pro 5 6 command

Explanation / Answer

The correct option is Common fixed cost

Reason: Accounting Department personnel salaries are such fixed costs which are incurred commonly for the whole of the organisation. They do not specifically pertain to one department. Thus they cannot be termed as traceable fixed costs.

Neither they are obligation on the enterprise which thus cannot be called committed fixed costs.

They are simply those fixed costs which serve all the segments of the enterprise (in common).

Do give your feedback!! Happy Learning :)

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.