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mash [69]
3 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]3 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]3 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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George Jefferson established a trust fund that provides $170,500 in scholarships each year for worthy students. The trust fund e
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The returns of a capital amount to a compensation rate for depositing the money, to calculate these returns an interest rate is used by which the deposited capital is multiplied, in this case the rate is 4%.

As the money distributed is only the product of interest, then that money is the result of multiplying the capital by the interest rate, to obtain how much money Mr. Jefferson contributed, the reverse process will have to be done.

Answers

let <em>C</em> be the capital, then :

C\times4 \%  = 170500\\C\times\frac{4}{100}= 170500\\C=170500\times\frac{100}{4}\\C=4262500

The capital contributed by Mr. Jefferson was <em>$4,262,500</em>

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According to your book, a group of six people waiting at a bus stop constitutes a group.
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We need the book to see what's happening
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Which of the following exists when a country can produce something more cheaply and/or of higher quality than any other country
shusha [124]

Answer:

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8 0
3 years ago
Northern Organic Farms is considering a project which will produce annual sales of $975,000 and increase cash expenses by $848,0
stealth61 [152]

Answer:

B) $114,000

Explanation:

To calculate the operating cash flows using the top down approach we can use the following equation:

operating cash flow = increase in total sales - increase in total expenses - increase in taxes paid

operating cash flow = $975,000 - $848,000 - ($154,000 - $141,000) = $975,000 - $848,000 - $13,000 = $114,000

I didn't include depreciation since it is normally included to calculate the increase in taxes but taxes were already given.

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