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viktelen [127]
2 years ago
8

an activity-based costing system blank . multiple select question. uses numerous overhead cost pools is used for external report

ing may exclude some manufacturing costs from product costs only assigns manufacturing costs to products
Business
1 answer:
fenix001 [56]2 years ago
7 0

An Activity-based system  uses numerous overhead cost pools.

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

Activity based costing is a method of costing that is used in accounting to apportion costs to a good or service produced. It believes that manufacturing requires the use of resources which require activities and so these activities can be given costs.

To give these activities costs, there is a need to use overhead cost pools which is why activity-based systems use several overhead cost pools.

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

#SPJ1

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Explain how firms decide how much labor to hire to produce a certain level of output
ss7ja [257]

The firms focus on improving marginal returns. Apart from this, they focus on specialization which increases the output. The amount of labor the firm plans to hire depends on the level of output it requires. The firm keeps adding new workers until output reaches its crest or peak.

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3 years ago
The stock of Mulberry Corporation is owned by Archana (60%) and Anar (40%), who are mother and daughter. Pursuant to a plan of c
Phoenix [80]

Answer:

There is loss of $109,120

Explanation:

Lossrecognized=Marketvalue−Purchasevalue

=$1773200-1364000

Therefore, loss recognized by “M” Corporation is $409,200

Determine the gain or loss of A:

LossbyA=Purchasevalue−Liability−ActualbasisofM

=[($1364000-$1091200)×40%]−$218240

=$109120−$218240

=($109,120)  loss

​

4 0
3 years ago
Read 2 more answers
When parents or eligible students request inspection and review of education records, federal law stipulates that the requested
zloy xaker [14]

The period of time that is requested for inspection and review of education records, according to federal law is 45 days.

<h3>What is an education records review?</h3>

This is a review of the academic standing of a student. The reason why the review is needed is probably because the student wants to apply for a new school.

According to federal law, when the request is received, the records must be provided within 45 days.

Read more on education records here: brainly.com/question/24911873

8 0
2 years ago
Jiffy cake mix company developed a new brownie mix that is much improved over its current brownie mix. when a sales representati
Yanka [14]

It is company policy to get "slotting allowance" in order to secure shelf space for new brands.


Slotting allowance or fee is the expense charged to makers/producers by the market retailers for different reasons like keeping their items, stocking the item in its stockroom, or stock and IT support. The slotting allowance may likewise be charged on the marketing expenditure brought about by the organization for the item.

6 0
3 years ago
When a non-price factor changes--such as technology, expectations, prices of related goods, prices of inputs, or the number of s
ludmilkaskok [199]

Answer:

The answers are:

  1. D) Supply and the entire curve shifts.
  2. D) Quantity supplied and the supply curve does not shift.

Explanation:

1. When non price factors (that affect the supply of a product) change, then the whole supply curve shifts and the quantity supplied will vary.

For example, new machinery that produces goods in a more efficient way, will shift the entire supply curve to the right. Suppliers will be able to produce more goods at the same costs.

2. A change in the amount of goods produced due to a change in price, is a change in the quantity supplied of that product. Suppliers will produce more goods at higher prices. But those changes in the quantity supplied happen follow the supply curve.

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