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oee [108]
4 years ago
5

The main difference between activity -based costing and traditional costing systems is that activity -based costing uses a separ

ate allocation base for each activity.
a. True
b. False
Business
1 answer:
Yuki888 [10]4 years ago
4 0

Answer:

True

Explanation:

True

in activity based costing system the cost for each activity is assigned on the basis of past consumption by each activity. Therefore cost on each activity of product and service is induced. As a result of which more overhead cost need to assigned over direct cost.

However in the traditional style of costing the main concern is on profit.  It is less accurate and but simple than activity base costing system.

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on its advertisement, a company claims that it has funds in its possession that are in fact not available for payment of losses
MatroZZZ [7]

Answer:

Misrepresentation.

Explanation:

In this scenario, on its advertisement, a company claims that it has funds in its possession that are in fact not available for payment of losses or claims. The company is guilty of misrepresentation.

Misrepresentation can be defined as an untrue or misleading statement of fact made by a party to an individual or group of people to deceitfully lure or induce them to go into a contract. A company stating in its advert that it has funds in its possession but in the true sense or actual fact do not have the funds for payment of losses or claims; such a company is engaging in a fraudulent act and is liable to prosecution in any court of competent jurisdiction.

8 0
3 years ago
Smart lites is a company that manufactures lighting products for industrial businesses. the managers at smart lites want to incr
nexus9112 [7]

The correct answer in the space provided is the total quality management. The total quality management is where it is responsible for causing an improvement in regards of improving the ability of an organization or group in a way of delivering their services or products to their consumers.

5 0
3 years ago
If I need to buy groceries and I need 200 dollars, but I only have 30. How will I get more money?
liberstina [14]

Answer:

ugg

Explanation:

serious answer

get a job

not serious answer

eat a raccoon from the trash

5 0
3 years ago
All OSHA-covered organizations are required to have _____.
Marta_Voda [28]

Answer:

a safety manual

Explanation:

OSHA = Occupational Safety and Health Administration

6 0
4 years ago
Jamieson Enterprises has presented the following information for the past year of operations Month Units Total Cost January 2,80
aivan3 [116]

Answer:

a.

VC/unit = $3 per unit

Fixed Cost = $800

b.

Total Cost = $25400

Explanation:

a.

The high-low method is used to separate the components of a mixed cost and it calculates the variable cost component in a mixed cost. The formula to calculate the variable cost per unit under the high-low method is as follows,

VC/unit = [Highest Activity cost - Lowest Activity Cost] / [Highest Activity units - Lowest Activity units]

VC/unit = [22400 - 6500] / [7200 - 1900]

VC/unit = $3 per unit

Using figures from March, The total fixed costs will be,

Fixed cost = 6500 - [3 * 1900]

Fixed Cost = $800

b.

Total cost in a month with 8200 units will be,

Total Cost = Total Fixed cost + Total variable costs

Total Cost = 800 + (3 * 8200)

Total Cost = $25400

3 0
3 years ago
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