1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Greeley [361]
3 years ago
10

Cost allocation involves:_______.A. Identifying a cost driver for each cost to be allocated. B. Calculating an allocation rate f

or each cost to be allocated. C. Multiplying the allocation rate by the weight of the cost driver. D. All of the answers are correct.
Business
1 answer:
Bess [88]3 years ago
4 0

Answer:

d. all of the answers are correct

Explanation:

Cost allocation is being done:

1)  to influence management behavior and thus promote goal and managerial effort,

2) to measure inventory costs and to know of goods sold on a product or project,

3) to justify cost (e.g to justify an accepted bid).

For example, if you are to determine the amount of electricity consumed at a particular period, the number of units consumed determines the total cost to be paid for the electricity consumed. In such an instance, the number of units of electricity consumed is a Cost Driver.

   A cost driver is the most appropriate way of calculating or determining a specific cost.

   Variable cost drivers can come in the form of hourly costs, costs per unit, or batch costs, among others.

   Cost drivers can be fixed costs, such as in the case of set-up costs.

You might be interested in
You have taken a job in industry and are facing your first ordering decision. As you prepare to place the order, you remember yo
skelet666 [1.2K]

Answer:

The formula is not used if consumer demand and ordering and holding costs are not constant.

Explanation:

E.O.Q formula measures the ideal quantity of order a company should purchase in order to minimize its inventory costs, such as holding costs and shortage costs. The formula, however has its limitations, in a way that it assumes that the costumer demand is constant and ordering and holding costs remain constant. This makes formula hard to use in case of seasonal changes of demand, inventory costs or lost sales revenue due to inventory shortages.

7 0
3 years ago
What is one reason why a business may want to move entirely online?
Brilliant_brown [7]
B. To focus on a global market.
4 0
3 years ago
Read 2 more answers
If the Mount Lemmon fire district attempts to implement age diversity initiatives, but these initiatives are defeated because th
statuscvo [17]

Answer:

Explanation:

fears of reverse discrimination

8 0
2 years ago
Stephanie and Mallory are working to identify the work performed and the working conditions for each job within Acme Global. The
rosijanka [135]
I think it is B.job analysis
6 0
3 years ago
Suppose that the vast majority of 3/4 ton pick-up trucks in America are produced by companies A, B, C, and D and that they all s
andrew-mc [135]

Answer:

b. A very large increase in sales. A very rapid and similar response by the other large firms in the industry.

Explanation:

As for the information there is no clear agreement to sell the goods at the same price, like that of other industries.

Further since all the companies follow the same price, there is no such differentiation.

In case one of the companies, in our case company A if decreases the price then it will abruptly that is in no clear sequence will increase its sales, and the after effects will also include the decrease in prices by other remaining industries that is B, C and D.

4 0
3 years ago
Other questions:
  • According to the chart, which of the following career areas is NOT declining?
    10·2 answers
  • Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.
    9·1 answer
  • The promise of a reward motivates me to accept additional task
    10·1 answer
  • Suppose that the Federal Reserve wants to target a higher interest rate, the Federal Reserve would then:
    6·1 answer
  • In the National Business Ethics Survey, ________ of the employees identified pressure to meet unrealistic objectives as the most
    12·1 answer
  • Your bosses at the residential contracting firm has asked you to help them decide about whether they should keep a particular it
    11·1 answer
  • How many cases of bankruptcy cases are provided for in the bankruptcy code
    8·1 answer
  • Consider a bond (with par value = $1,000) paying a coupon rate of 9% per year semiannually when the market interest rate is only
    5·1 answer
  • What are the advancements made in the automotive industry in 2020
    7·2 answers
  • How could the adoption of blockchain within a supply chain help the world become more sustainable and, in some cases, eco-friend
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!