The following information is available from the records of kamond cut, inc.: direct materials-assembly department $10,000
direct materials-finishing department 15,000
direct labor-assembly department 11,000
direct labor-finishing department 20,000
applied overhead-assembly department 11,000
applied overhead-finishing department 20,000
actual overhead-assembly department 12,500
actual overhead-finishing department 17,500
what are the "total costs to account for" in the assembly department?

The answer is $32000.

Explanation: To calculate "total costs to account for" in the Assembly Department we have to take into account all the direct costs of this department and overhead costs APPLIED.

Direct Materials - Assembly Department    $10,000

Direct Labor - Assembly Department           $11,000

Applied Overhead - Assembly Department $11,000

TOTAL COST ASSEMBLY DEPARTMENT  = $32000

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

the correct option is c