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Kay [80]
3 years ago
7

Activity based costing _____________

Business
1 answer:
Ilia_Sergeevich [38]3 years ago
7 0

Answer:

1. groups costs into meaningful buckets that are then distributed based on the activity or product they support.

Explanation:

Activity based costing basically categorizes various overheads into different activities, that leads to charge of overheads based on different activities.

In this manner overheads that shall be charged on some standard products based on the activities involved is charged accordingly, and not based on standard overhead allocation rate.

Basically the overheads are divided into various activities and then distributed  to each product based on the volume of activity in the manufacturing process of such activity.

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Johnstone Company is facing several decisions regarding investing and financing activities. Address each decision independently.
kipiarov [429]

Answer and Explanation:

As per the data given in the question,

1)

Cash flow Amount               PV Factor at 10% for 8 annual installments                   Present Value

Installments $4,000                  5.3349                      $21,339.60

Down Payment $27,000           1                                $27,000

Value of equipment                                                    $48,339.60

Refer to the PVIFA factor

2)

Table or calculator function FVAD of $ 1

Future value $570,000

n = 5

i = 7.00%

Divided it by FV factor   6.1533    

Annual Deposit   $92,633.22

Refer to the FVAD table

3)

Table or calculator function PVAD of $ 1

Payment $137,000

n = 20

i = 10.00%

Multiplied by PV factor   9.36492

Liability $1,282,994.04

Refer to the PVAD table

5 0
3 years ago
What is a good reason to contribute to a 401(k) retirement account?
kykrilka [37]

Answer:

The money in the 401(k) account is not taxed until withdrawn.

Explanation:

A 401 (k) can be defined as a type of compensation (savings) plan that is being sponsored by a business firm or company (employer) to avail its employees the opportunity to contribute into. As a company-sponsored and defined-contribution retirement savings plan, it offers tax advantages to the employees because it reduces their income tax for the particular year while taxing their withdrawals.

A good reason to contribute to a 401 (k) retirement account is that, the money in the 401 (k) account is not taxed until withdrawn. Thus, the money contributed by an employee to a 401 (k) will maintain its tax-deferred status until  he or she withdraws it.

For example, a 401 (k) would be the best retirement savings option for a 50-year old medical doctor whose employer offers a 5% contribution match.

4 0
3 years ago
Why did the housing market crash in 2008
Komok [63]
Because the banks were down
8 0
3 years ago
Read 2 more answers
How can life expectancy and literacy rates affect the quality of labor in the economy?​
Veseljchak [2.6K]

Explanation:

Life expectancy and literacy rates can affect the quality of labor in the economy because if citizens are literate, they are educated and likely have white-collar jobs. Citizens who are illiterate likely have more manual labor jobs.A nation with lower fertility rates will usually have less people, and scarce resources will take longer to run out

5 0
3 years ago
Which would be considered part of an employee’s salary?
shepuryov [24]

Answer:

Amount of money the employee will earn each month.

4 0
2 years ago
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