1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vanyuwa [196]
2 years ago
6

When a company creates overhead rates based on the actions it performs, it is employing an approach called.

Business
1 answer:
Tanya [424]2 years ago
6 0

When the overhead rates of a company are created based on the actions performed, this is called activity-based costing.

<h3>What is activity-based costing?</h3>

This refers to a type of costing where a company comes up with manufacturing overhead rates that have to do with the actions performed to make production happen.

For instance, the activities of labor or the manufacturing machines can be used to determine the overhead rates.

In conclusion, creating overhead rates based on the actions it performs is called activity based costing.

Find out more on activity-based costing at brainly.com/question/6654166

#SPJ1

You might be interested in
John’s home is up for sale. He originally bought it five years ago for $300,000. Its current value is $350,000. His real estate
Mumz [18]

Answer:

Market value

Explanation:

The market value of a product is the price at which a buyer is willing to purchase a good irrespective of prevalent price of a commodity. It is that amount a buyer and seller are willing to strike a deal for given normal market conditions.

In this scenario John originally bought his five years ago for $300,000. Its current value is $350,000. His real estate agent notified him that a buyer just made an offer on his home for $365,000.

Despite the house now being $350,000, $365,000 is the market price at which the buyer and seller are willing to settle.

8 0
3 years ago
What is equity?
Marta_Voda [28]

Answer:

the difference between the value of the assets and the amount of liabilities of something owned

5 0
3 years ago
Margaret is the new director of research at a well-known pharmaceutical company. She has been asked to design a set of research
Salsk061 [2.6K]

Answer:

double - blind experiments.

Explanation:

Double - blind experiment -  

It is an experimental method , which helps to avoid any impartiality and any error due to biasing .

The experiment give rise to very accurate results , which is very important for any experiment .

Hence , the new director Margaret , need to design a set of double - blind experiments .

7 0
3 years ago
_______ goods are usually located close to the checkout counter because consumers will put forth a minimum level of effort to ob
nikdorinn [45]
Convenience goods are usually located close to the checkout counter in grocery stores. Some examples are candy and magazines. Since a convenience good can be found easily, it does not require the buyer to go through the process of an intensive decision-making.<span> </span>
5 0
4 years ago
If your Company doesn't have cash flow which of these things is likely to happen
Ipatiy [6.2K]

lost of your company's jop

5 0
4 years ago
Read 2 more answers
Other questions:
  • At the beginning of the day, the dow jones index was at $10,287.56. at the end of the day, the dow jones index was at $10,005.23
    11·1 answer
  • Other than the business letter, which format might Mr.Stroud have chosen to deliver similar information to Ms.Davis?
    7·1 answer
  • Google this for me: What is business management?
    15·1 answer
  • Which of the following is not a way of reducig the costs of operatiions through adopting lean concepts?
    12·1 answer
  • Suppose movie producers could buy "box office insurance" that guaranteed them a specified gross revenue for a particular film. S
    10·1 answer
  • If you entered the data into the incorrect cells, you can move the data easily instead of deleting and retyping. True False
    8·2 answers
  • What degree do you need for a cosmetologist
    10·1 answer
  • Mr. Frohardt donated $40,000 toward future scholarships. The scholarships are to be paid according to the following schedule:
    9·1 answer
  • 4. Which is a true statement about goals?
    7·1 answer
  • Is great profit or nay profit more important to consider when your deciding how successful and profitable a company is
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!