Firestone exemplifies a corporate distribution system by owning its manufacturing sites as well as retail stores that sell its tires.
<h3>What is corporate distribution system?</h3>
A corporate system is where a distribution channel owns all of the others by combining distribution channel under the leadership of a single business.
A corporate distribution system keeps track of its manufacturers', wholesalers', and retailers' procedures, finances, and deadlines. They are in charge of the whole process of manufacturing.
Hence, Firestone exemplifies a corporate distribution system by owning its manufacturing sites as well as retail stores that sell its tires.
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Answer: $29,861
Explanation:
In order to adjust the bank statement balance to the books, the following is done:
= Bank statement + Deposit in transit - Outstanding checks
= 27,861 + 3,350 - 1,350
= $29,861
Answer:
The correct answer is A. It uses separate predetermined overhead allocation rates for each activity.
Explanation:
he ABC cost model allocates and distributes indirect costs according to the activities carried out in the process of manufacturing the product or service, identifying the origin of the cost with the necessary activity, not only for production but also for distribution and sale; The activity is understood as the set of actions that aims to incorporate added value to the product through the manufacturing process. Complementing the definition of activity, it should be mentioned that the ABC Model is based on the fact that products and services consume activities, and these in turn are the ones that generate costs.