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MakcuM [25]
4 years ago
13

Overton Enterprises is converting to an activity-based costing system. It wishes to depict the various activities in its manufac

turing process along with the activities' relationships. Which of the following is a tool that the company can use to accomplish this task?
Multiple Choice

Storyboards.

Activity relationship charts (ARCs).

Decision trees.

Simulation games.

Process organizers.
Business
1 answer:
guapka [62]4 years ago
7 0

Answer:

The correct answer is the option B: Activity relationship charts (ARCs).

Explanation:

To begin with, <em>''activity-based costing system''</em> is the name that receives a costing method that focuses in the identification of activities and proper assignment of the them to the products and services according to the actual consumption by each. Moreover, the main purpose of this model is to assign more indirect costs into direct costs.

To continue, the<em> ''activity relationship chart'' </em>is a tabular that displays the closeness rating among all pairs of activities and therefore that this tool is the most suitable for the company to accomplish the task of converting into an activity-based costing system.

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The quantity supplied at this level of price is less than the quantity demanded and therefore the market is in shortage situation.

<u>Explanation:</u>

If the current price of the market is above the price P0, then the level of the quantity supplied of the good is less than the level of quantity demanded of that good at this level. With the less quantity supplied, there will be a situation of shortage of the quantity of goods in the market.

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Explanation:

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Advertising should always be done keeping in mind the target market.

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It is sometimes used to categorize inflation according to cost-push, demand-pull, and built-in factors.

The two most popular inflation measures are the Consumer Price Index and the Wholesale Price Index.

Inflation can be viewed favorably or badly depending on the perspective and rate of change.

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