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cricket20 [7]
1 year ago
9

cost accounting systems are used to: a. accumulate production and period costs and assign them to products or services. b. accum

ulate period cost and assign them to products or services. c. accumulate production costs and assign them to raw materials inventory. d. accumulate production costs and assign them to products or services.
Business
1 answer:
harina [27]1 year ago
5 0

Cost accounting systems are used to Accumulate period cost and assign them to products or services.

Cost accounting systems are useful in both manufacturing and service industries. This system is used to determine product costs, or the total cost of a product, which includes overhead, materials, and labour. According to a number of variables, including worker hours, machine hours, and other considerations, period costs are given to items.

Cost accounting, according to the Terminology of Cost Accounting, is the process of accounting for costs from the point at which expenditure is spent or committed through the development of its final relationship with cost centres and cost units (England).

<u>The purpose and role of cost accounting</u>

These are the primary goals or duties of cost accounting:

  • ​Determination of costs
  • Estimated costs
  • A breakdown of costs
  • Cost reduction and cost control
  • Decision-making, control, and preparation
  • Pricing fixation for sales
  • Calculating the projected profit or loss for each activity.

Learn more about Cost accounting, here

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Question 8 of 10
s344n2d4d5 [400]

It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.

<h3>Who is an executor?</h3>

An executor exists as someone who stands responsible for executing or following an assigned task or duty. The feminine form, executrix, may sometimes be utilized.

An executor typically presents the will for probate, brings the action to rescue the assets of the estate, creates distributions of effects to beneficiaries, and produces the debts and taxes of the estate.

An executor handles your estate when it's in probate (aka the procedure of being distributed and carried out). Particularly, they begin and observe through the probate approach. They also manage your assets, pay your obligations, and allocate property to your heirs as summarized in your will

Hence, It is important to name an executor B. To provide that beneficiaries acquire whatever they want from the estate.

To learn more about executor refer to:

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7 0
1 year ago
Read 2 more answers
Joe, an hr manager, responds to several routine calls that take up a considerable part of his working hours. he tasks his team o
pychu [463]

Based on the scenario, it is likely that Joe has made a non-programmed decision in a way of implementing a programmed decision.

A programmed decision is a way of deciding that is easy in regards of the individual to decide in a certain decision where as a non-programmed decision is a way of using logic in which there is high risk level involved in a decision.

5 0
3 years ago
The demand and supply curves show how buyers and sellers ________; the interaction of buyers and sellers ________. compete again
koban [17]

Answer:

The correct answer is the second option: respond to prices; determines the price.

So the final statement will be:

The demand and supply curves show how buyers and sellers respond to prices; the interaction of buyers and sellers determines the price.

Explanation:

To begin with, in the microeconomics theory both the demand and supply curves are economic functions that are represented in the graphic in order to give a better understanding of what is going on in the reality of the economy out there. So that means that they are both determine by the quantity demanded or supplied and the price, the relation between those two components. And regarding that, they both will show how the buyers and sellers respond to prices. Moreover, their interaction will determine the price as explained before.

5 0
2 years ago
40 points
garri49 [273]

Answer:

Hospitality provides essential services (i.e., lodging and food) for travelers, whether they are on the move for reasons of necessity, leisure or luxury. Hospitality is a major factor in every vacation and business trip, and is thus important to individual customers and to businesses.

4 0
3 years ago
An automobile dealership that has always had success with homemade advertisements finds it difficult to switch to a professional
Fantom [35]

Answer:

1) B - Inaction

2)B - Faulty

3)A - Dissolution

Explanation:

1) Inaction: The company's strategy is not responsive to technological trends

2) Faulty: Downsizing to save cost is not a good strategy for a business to adopt, they could have divest to other sectors

3)Dissolution: liquidate or wind up before the company runs in to serious financial crisis.

7 0
3 years ago
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