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3 years ago

When using ABC, costs can be gathered at different levels. These levels are all of the following except:_________.

Business

1 answer:

Aleksandr [31]3 years ago

3 0

Answer:

B. Journal entry-level

Explanation:

When using ABC, costs can be gathered at different levels. These levels are all of the following except "journal entry-level".

Therefore, costs can be gathered in Unit-level, Batch-level, Factory-level and even Product level.

Activity-Based Costing (ABC) is actually a costing method which tends to identify the activities that are carried out in organization and gives the costs of each activity to the products and services by what they actually consume.

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Verify describe the distillation process of alcohol

klio [65]

It’s a process that can be used to separate pure liquids from a mixture of liquids

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1 year ago

The following materials standards have been established for a particular product: Standard quantity per unit of output 4.6 grams

Aleksandr-060686 [28]

Answer:

15,351.00 unfavourable

Explanation:

Material quantity variance occurs when the actual quantity used to achieved a given level of output is more or less than the standard quantity.

It is determined by the difference between the actual and standard quantity of material for the actual level of output multiplied by the the standard price

gram

300 units should have used (300× 4.6) 1380

but did used 2,400

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Standard price × 15.05

Material quantity variance 15,351.00 unfavourable

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3 years ago

The town of Chester has an economy composed entirely of two equally sized food companies. Both company Q and company R produce p

ExtremeBDS [4]

Answer:

C) abandon the production of jam to fully specialize in the production of peanut butter and then trade with Company Q for jam.

Explanation:

According to different theories about trade specialization, a company or even a country should specialize in producing only those products that they can make better than their competition, i.e. have a comparative or absolute advantage in their production.

In this case, since Company R has a comparative advantage in the production of peanut butter, it should specialize in producing only that. In case they need jam, they should trade with Company Q in order to get some jam. Eventually Company Q will only produce jam since they have a comparative advantage in jam production.

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3 years ago

Which of the following statements about material requisitions is false? a. Material requisitions are often computerized. b. Mate

Vladimir79 [104]

Answer:

D. Material requisitions authorize the transfer of materials from the production floor to the raw materials warehouse

Explanation:

Material requisitions doesnt authorize anything, just provides information

6 0

3 years ago

What type of good is often provided by the government because it is hard to get people to voluntarily contribute their fair shar

gayaneshka [121]

Answer:

Option (D) is the right answer.

Explanation:

According to the scenario, the most appropriate answer is option (D) because public goods are given by the government and It can be used by everyone at a time and without any cost.

While the other options are incorrect because of the following reasons:

Private goods are not given by the government.

Club goods can be given by the government but at a cost.

Common resource goods are of government and can not be used by everyone.

Government goods can be used by the government only.

5 0

3 years ago