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Wewaii [24]
3 years ago
8

What are some of the potential benefits of a more formalized approach to forecasting?

Business
1 answer:
Verdich [7]3 years ago
6 0

A more formalized approach will make it easier to translate the data into quantitative terms and use the help of computer forecasting tools.

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Which of the following is the proper sequence of events in an activity-based costing system? a. Calculation of pool rates, ident
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Answer:

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Explanation:

Activity-Based Costing or ABC is a managerial accounting method that assigns certain indirect costs to the products incurring the bulk of those costs. ABC is primarily used in the manufacturing sector to make a better calculation of the true cost of production per unit. For that purpose, ABC follows this sequence:

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4) Calculation of the cost driver rates

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