Answer:
Activity-based department costs
Explanation:
Activity Based Costing refers to a method : that allocates the cost of activities in organisation among produced goods & services, in proportion to that activity consumed by each good & service.
The model is a better representative of particular goods & services production costs, unlike conventional cost methods - that divide the activity cost among each good or service equally. It assigns more indirect (overhead) costs into direct costs compared to Conventional Costing.
So, the approach states that overhead to products, supporting department costs - are referred to as <u>Activity Based</u> Department Costs
Answer:
D) budgets are a total amount and standards are a unit amount.
Explanation:
For each given choice in the question explanation is provided below as to why its or its not the correct answer.
A) only budgets contribute to management planning and control.
Both budgets and standards contribute in the planning and control are of the company. Therefore, this option is incorrect.
B) budgets but not standards may be used in valuing inventories.
Once gain both are used for valuing inventory, this is due to the fact that budget contains details gathered in standard costing. Therefore, this option is incorrect.
C) budgets but not standards may be journalized and posted.
Both the budget and standard are journalized and posted in the accounting system. Therefore, this option is incorrect.
D) budgets are a total amount and standards are a unit amount.
As standards are unit amounts which contributes in preparing the budget which are total amounts.
Hence, option D is correct.
Answer:
$60,000
Explanation:
The computation of the direct material used is shown below:
= Beginning raw material inventory + purchase of raw material - ending raw material inventory
= $16,600 + $61,400 - $18,000
= $60,000
This is the right answer but the same is not provided in the given options
Answer:
There are 264 poles in the stack.
Explanation:
Number of poles in bottom row = 24
Number of poles in second last row in bottom = 23
Number of poles in top row in bottom = 9
24,23,.....9 (arithmetic sequence)
d =
Number of row in which 9 poles are present be n
the nth term is given by:
So, there are total 16 rows.
The sum of the nth term in arithmetic sequence is given by :
So, total numbers of poles in stack:
There are 264 poles in the stack.