Business, 26.03.2021 02:10 lesgumball

If substantial batch-level or product-level costs exist, then overhead allocation based on a measure of volume such as direct labor-hours alone: must be used for external financial reporting since activity-based costing cannot be used for external reporting purposes. will systematically overcost high-volume products and undercost low-volume products. will systematically overcost low-volume products and undercost high-volume products. is a key aspect of the activity-based costing model.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:40

Afirm that makes electronic circuits has been ordering a certain raw material 250 ounces at a time. the firm estimates that carrying cost is i = 30% per year, and that ordering cost is about $20 per order. the current price of the ingredient is $200 per ounce. the assumptions of the basic eoq model are thought to apply. for what value of annual demand is their action optimal?

Answers: 3

Answer

Business, 22.06.2019 13:20

Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?

Answers: 2

Answer

Business, 22.06.2019 13:40

Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.

Answers: 2

Answer

Business, 22.06.2019 19:40

Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35

Answers: 2

Answer

You know the right answer?

If substantial batch-level or product-level costs exist, then overhead allocation based on a measure...

Questions