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Vedmedyk [2.9K]
4 years ago
12

A cost system determines the cost of a cost object by ________. assigning and then accumulating costs assigning costs accumulati

ng costs accumulating and then assigning costs
Business
1 answer:
IRINA_888 [86]4 years ago
4 0

Answer:

Accumulating and then assigning costs

Explanation:

A cost accounting framework (likewise called item costing framework or costing framework) is a system utilized by firms to gauge the expense of their items for painfulness examination, stock valuation and cost control. Evaluating the exact expense of items is basic for productive tasks.  

Cost accumulation  includes the utilization of a proper cost bookkeeping framework to gather cost data.

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Thornbrough Corporation produces and sells a single product with the following characteristics: Per Unit Percent of Sales Sellin
DaniilM [7]

Answer:

-$5,500

Explanation:

The computation of the overall effect on the company net operating income is as follows:

New Variable cost per unit is

= $44 + $11

= $55

Now the new contribution margin per unit is

= $220 - $55

= $165

New unit Monthly sales is

= 7,000 units + 500 units

= 7,500

Now

New total contribution margin :

= 7,500 units × $165

= $1,237,500

And, the Current total contribution margin is

= 7,000 units × $176

= $1,232,000

So, the change would be

= $1,232,000 - $1,237,500

= -$5,500

6 0
3 years ago
_____ deals with how inputs, activities, and outputs of a process are organized.
kobusy [5.1K]

Structure is concerned with how a process's inputs, actions, and outputs are arranged.

<h3>What do a process' outputs entail?</h3>
  • The outcomes of group work are known as outputs, and the group or organization values these results.
  • In order to maximize a team's performance, it "provides a mechanism to analyze how teams perform."
  • The tangible results of a process, such as reports, meetings, and flyers, are what we refer to as outputs.
  • While these items are helpful in and of themselves, they typically fall short of fulfilling the overall intent of the process.
  • Some examples of results are Information (for instance, fresh information developed as a workshop contribution and/or information from meetings).
  • Data sent by a computer is known as output. Computers can only process digital data.

To learn more about outputs, refer to:

brainly.com/question/15586089

#SPJ4

4 0
1 year ago
Assume General Electric Company agreed in May 2016 to construct a nuclear generator for NSTAR, a utility company serving the Bos
aalyn [17]

Answer:

2016: $300 million; 40%; $60 million

2017: $450 million; 60%; $90 million

Explanation:

Total costs:

= Costs incurred in 2016 + Costs incurred in 2017

= $240 + $360

= $600

In 2016:

Percent of total excepted costs:

= Costs incurred in 2016 ÷ Total costs

= $240 ÷ $600

= 0.4 or 40%

Revenue recognized:

= Percent of total excepted cost × Contract price

= 0.4 × $750 million

= $300 million

Income = Revenue recognized - Costs incurred in 2016

             = $300 million - $240 million

             = $60 million

In 2017:

Percent of total excepted costs:

= Costs incurred in 2017 ÷ Total costs

= $360 ÷ $600

= 0.6 or 60%

Revenue recognized:

= Percent of total excepted cost × Contract price

= 0.6 × $750 million

= $450 million

Income = Revenue recognized - Costs incurred in 2017

             = $450 million - $360 million

             = $90 million

8 0
4 years ago
In a production operation of an electronics firm, a company manufactures I/O circuit chips that is used in a final assembly proc
Feliz [49]

Answer:

defective

Explanation:

In an electronic firm it is necessary to keep check for every circuit as they turn out to be defective. There can be minor error is circuit formation but this will be considered as defective because circuits are very sensitive and even minor error can lead to short circuits which could lead to a disaster. It is necessary for a firm to keep track and quality of every circuit should be checked.

3 0
3 years ago
The company is now using only 70% of its normal capacity; it could fully use its normal capacity by processing the assembly furt
WINSTONCH [101]

Answer and Explanation:

The preparation of the analysis shows whether the assemblies should process further or not is presented below:

Differential revenue  (38,000 units × ($51 - $44)) $266,000

Differential costs:  

Direct material (38,000units × $2 per unit) ($76,000)

Direct labor (38,000units × $2 per unit) ($76,000)

Variable overhead (38,000units × $1 per unit) ($38,000)

Fixed costs ($160,000  - $225,000) ($65,000)

Additional income (loss) from processing further $11,000

Since the amount comes in positive so it should be processed further

7 0
3 years ago
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