Answer:
The total conversion costs transferred out of the Cranning Department = $196000
Explanation:
We have been given with the equivalent units of production with direct materials and conversion. In order to find the total conversion costs transferred out of the Cranning Department, we need the conversion units which are 50,000 units along with cost per equivalent unit for conversion which is $3.92 per EUP.
The total conversion costs transferred out of the Cranning Department = 50,000 * $3.92
The total conversion costs transferred out of the Cranning Department = $196000
Answer:
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Explanation:
Answer: <em>Clan Culture</em>
Explanation:
A clan culture is generally referred to or known as a tribe-like or family-like kind of organization environment that tend to emphasize on the consensus and also on the commonality of values and goals. Clan cultures are often viewed as a collaborative and also one of the least competitive corporate culture models which often exist in an organization.
He will receive $10,000 as compensation. (Working= 0.02x $500,000)
Answer:
Cost Drivers
Explanation:
Abc generally causes the least amount of cost distortion among products because indirect costs are allocated to the products based on cost drivers.
Activity Based Costing does not apportion indirect costs but allocates them to products based on the level at which they drive those costs.
Cost driving is based on which activities or overheads are used by a product and by how much does it use (drive) those activities.
