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zmey [24]
3 years ago
6

Which of the following statements is true of activity−based ​costing?

Business
1 answer:
Inessa [10]3 years ago
8 0

Answer: The answer is Activity based costing is more suited to companies with high product diversity than companies with single product line..

Explanation: Activity-based costing (ABC) system assigns overheads to each activity other than cost centres. It allows the establishment of many ABC cost centres (otherwise known as cost pools), to which overhead costs are assigned.

ABC comprises cost drivers identification, which cause the costs of an organization's major activities.

With increase in the complexity of manufacturing processes, including wider product ranges and shorter life cycles, ABC takes into consideration these complexities with their multiple cost drivers.

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On December 31, 2018, a company had assets of $29 billion and stockholders' equity of $22 billion. That same company had assets
Kisachek [45]

Answer:

0.69

Explanation:

From the question above on December 31, 2018 a company has an assets of $29 billion and stockholders equity of $22 billion.

On December 31, 2019 the same company recorded an assets of $55billion and stockholders equity of $17billion

Inorder to calculate the debt-to-assess ratio the first step is to find the amount of liabilities

Liabilities= Assets-Stockholders equity

Assets= $55 billion

Stockholders equity= $17 billion

= $55billion-$17billion

= $38 billion

Therefore, the debt-to-assets ratio can be calculated as follows

Debt-to-assets ratio= Total liabilities/Total Assets

= $38 billion/ $55 billion

= 0.69

Hence on December 31, 3019 the debt-to-assets ratio is 0.69

5 0
3 years ago
Inheriting someone else’s _______ is one of the drawbacks of buying an existing business.
vaieri [72.5K]

Answer:

problems

before

franchise

idea

Any two of these:

Make time to meet with clients instead of talking on the phone.

Join a business networking group.

Take business colleagues or prospects out to lunch at least once a week.

Teach a workshop in your field at the community college.

Any two of these

Freedom

Creativity

Profit

Explanation:

pf

3 0
3 years ago
True or false? Affinity Audiences allows advertisers to reach people who’re actively researching and intending to buy the produc
Andrej [43]

Answer:

True

Explanation:

Affinity audiences are part of an audience that is targeted for an advertiser’s display campaigns. Advertisers raise their product awareness by targeting groups based on their passions, lifestyles and specific interests. Let us suppose that you have a new line of makeup that you wish to advertise. The best approach is to target women who constantly do a research of makeup and passionate about this environment.  

6 0
3 years ago
The open-ended question post-project evaluation meeting should contain an opportunity to talk about possible additional projects
mash [69]

Answer:

B. False.

Explanation:

In the rightful manner, this meeting type is said to typically happen in different formats though most of it happens to appear in different video calls, conference or zoom which is popular in recent times. This meeting should contain or entertain the ability for opportunity talks which could yield possibilities in adding works that can benefit the parties involved. But in the case above, assuming the permission to use the customer as a reference with potential customers is totally out of the line so it is said to not totally fall in as post project evaluation.

6 0
3 years ago
Sunland Company uses a perpetual inventory system. Its beginning inventory consists of 83 units that cost $56 each. During June,
german
<h3>Item 1:</h3>

Debit : Merchandise $13,888.

Credit : Accounts Payable $13,888.

<h3>Item 2:</h3>

Debit : Merchandise $560.

Credit : Accounts Payable $560.

<h3>Item 3:</h3>

Debit : Accounts Receivable $17,098.

Debit : Cost of Sales $11,536.

Credit : Sales Revenue $17,098.

Credit : Merchandise $11,536.

<h3>What is meant by inventory system?</h3>
  • A supply chain's full stock, supplies, and sales are tracked using an inventory system.
  • Businesses use inventory systems to make sure they are fully aware of the goods they have on hand and where they are.

<h3>What is inventory system with example?</h3>
  • All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.
  • Example: Only the newspaper will be regarded as inventory if a newspaper vendor utilizes a vehicle to distribute newspapers to clients.
  • The car will be considered an asset.

<h3>What is inventory system and methods?</h3>
  • The procedures and software you employ to plan, order, store, and manage your inventory are known as inventory control methods.
  • There are generally two types of inventory control  manual and perpetual.
  • You must routinely perform physical counts of inventory when using manual inventory control.

<h3>What is the purpose of inventory?</h3>
  • Keeping a steady supply of goods on hand for activities is inventory's primary purpose.
  • Your company should look for the sweet spot between too much and too little stock, without ever running out, in order to carry out this duty efficiently.

Learn more about  inventory system here:

brainly.com/question/25887081

#SPJ4

3 0
2 years ago
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