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Elena-2011 [213]
4 years ago
14

LO 6.3What is the proper order of tasks in an ABC system?

Business
1 answer:
Y_Kistochka [10]4 years ago
7 0

Answer:

Please see the naswer below

Explanation:

Activity-based costing ABC is a method for assigning costs to products, services projects, tasks, or acquisitions, based on the Activities that go into them  and the Resources consumed by these activities. Following is the proper order of tasks in an ABC system

1. Identify the primary activities and estimate a total cost pool for each.

2.Select an allocation base for each activity.

3.Calculate an activity cost allocation rate for each activity.

4. Allocate the costs to the cost object using the activity cost allocation rates.

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Imagine that Odyssey National is a brand new bank, and that its required reserve ratio is 10 percent. Ifit accepts a $1,000 cash
lyudmila [28]

Answer:

a.$900

Explanation:

The required reserve is the amount of reserve required by the Central bank for banks to keep as reserves.

If the reserve ratio is 10% and $1000 is deposited, the required reserve is $100.

$1000 - $100 = $900 would be available to banks to give out as loans. Thus , money supply increases by $900.

I hope my answer helps you.

4 0
3 years ago
The profit margin on an item the company sells can best be defined as:
aksik [14]

Answer:

The profit margin on an item the company sells can best be defined as:

price of the unit minus cost of goods sold

Explanation:

In order to know the profit margin of an item a company sells, the price sold out would be deducted from the original cost of such goods which gives the profit on such item

3 0
3 years ago
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Jules is thinking about opening a jewelry store why would she need seed capital?
melomori [17]

It might be to train the workers

4 0
4 years ago
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According to rational expectations theory, Question 7 options: every day is a new day and yesterday's occurrences have no bearin
OleMash [197]

Answer:

past experience is a good guide for decision making, but so is information related to possible future outcomes.

Explanation:

The rational expectations theory refer to a concept and modeling technique that is applied widely in macroeconomics. In this the individual depend their decision on three main factors i.e. human rationality, available information and the past experience

As per the rational expectations theory the future should always be taken in expectation with regard to the decisions and it is vital for the same.

So as per the given situation, the above should be the answer

4 0
3 years ago
Monic, a college professor, makes 30 photocopies of a passage from a famous novel and passes the article out to her students. Th
Gnesinka [82]

Incomplete question. The options:

a) Yes, Though the author will probably not enforce his or her rights under this situation, Monic has technically violated federal copyright law.

b) No. Educators have a right under the "fair use doctrine" to make limited use of copyrighted materials.

c) Yes. Monic has technically violated federal copyright law by copying and distributing this original work.

d) None of the above.

Answer:

<u>b) No. Educators have a right under the "fair use doctrine" to make limited use of copyrighted materials.</u>

Explanation:

Based on the "fair use doctrine" in the United States, professor Monic did not violate copyright law from a legal standpoint.

Another interesting detail is the number of copies redistributed by Monica, only <em>"30 copies"</em>, and according to the provisions of the "fair use doctrine"  that can be considered fair. Not forgetting also the substantial nature of copying, since only <em>"a passage"</em> from the novel is photocopied.

5 0
3 years ago
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