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mash [69]
4 years ago
13

Put the following ABC implementation steps in​ order: A Compute the allocation rates. B Compute the total cost of the products.

C Identify the products that are the cost objects. D Select the cost allocation bases.
Business
2 answers:
patriot [66]4 years ago
7 0

Answer:

The ABC steps in order is Option C, D, A, B

1. C) Identify the products that are the cost objects.

2. D) Select the cost allocation bases.

3. A) Compute the allocation rates.

4. B) Compute the total cost of the products

Explanation:

ABC Costing is a supplemental method of cost accounting that provides the decision-making information absent from traditional costing methods. While ABC costing is not limited by business unit boundaries, it can not fully supplant traditional costing methods as it often fails to meet financial reporting requirements for businesses.

ABC Costing focuses on costs contributing to production of a product. It does not attribute other general costs that do not have at least an indirect relationship to the product. While traditional costing systems focus on direct costs and burden a product with other fixed costs, activity based costing increases accuracy of indirect cost assignment.

jok3333 [9.3K]4 years ago
5 0

Answer:

D Select the cost allocation bases.

Explanation:

An allocation base OR cost allocation based is the foundation on which Cost accounting apportions the overhead costs. An allocation base can come inform of a quantity, such as the used machine hours, the consumed electricity kilowatt hours (kWh), or the square footage that is being occupied.

the ABC implementation step in order will be to select the cost allocation bases.

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The inflation rate is a really important factor when economists want to assess the economic state of a nation.

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For sustainable development to become a reality, which approach offers the best opportunity for this to happen?
ss7ja [257]

Answer:

<u>Stakeholder.</u>

Explanation:

The best opportunity for this to happen is the stakeholders.

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3 years ago
Zhang Company reported Cost of goods sold of $835,000, beginning Inventory of $37,200 and ending Inventory of $46,300. The avera
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Answer:

Average inventory= $41,750

Explanation:

Giving the following information:

Beginning Inventory= $37,200

Ending Inventory= $46,300

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6 0
3 years ago
Hinge manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. the company's selling and administrative expen
Irina18 [472]
Hi there
contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income.
The contribution margin of a manufacturer is the amount of net sales that is in excess of the variable manufacturing costs and the variable SG&A expenses.

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Sales-variable manufacturing cost-SG&A expenses
1,480,000−420,000−300,000
=760,000....answer

Hope it helps
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One of the main cause for the increase in the rate of individuals who lack access to internet is due to its high rate of affordability. Internet Taxes, Electricity rates must be made less and Government must help them through various digital tools.

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