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Colt1911 [192]
3 years ago
5

Which of the following statements about cost drivers in ABC systems is FALSE? 1. cost driver for a cost pool should have a cause

and effect relationship to the costs in the pool 2. the cost drivers should be duration drivers 3. 100% correlation between the cost driver activity and the variation in the cost is not necessary 4. the cost driver activities can be quantified
Business
1 answer:
Lisa [10]3 years ago
4 0

Answer:

2. the cost drivers should be duration drivers

Explanation:

There are two types of cost drivers, transaction drivers and duration drivers:

  • transaction drivers are calculated by determining how many times did an activity occur, e.g. how many machine setups were carried out.
  • duration drivers are calculated based on the time it takes for an activity to occur, e.g. how many machine hours were sued to produce certain product.

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Faruq spends all of his income on two goods: tacos and milkshakes. His income is $100, the price of tacos is $10, and the price
ANTONII [103]

Answer:

8

Explanation:

Amount he can spend on tacos = income - total price of milkshakes

total price of milkshakes = 2 x 10 = 20

100 - 20 = 80

quantity of tacos = 80 / 10 = 8

8 0
3 years ago
According to the article, what should you do if you suspect your boss of unethical business practices?
Aleksandr-060686 [28]

Answer:

Report it to the right person

Explanation:

According to the article titled "What to do when you spot your employer doing something illegal" written by Catherine Conlan.

It says the best thing to do is to report it to the right person.

This is evident when it is stated in the article that "If you reasonably believe your employer is doing something illegal or unethical, you should first bring it to your supervisor’s attention... If it’s your supervisor you suspect, exhaust the chain of command within the company.

Hopefully, the company will investigate the matter. If no one within the chain of command responds, then there is generally a government agency with whom one can file a complaint,"

8 0
3 years ago
Which of the following best explains why unions give workers more power in contract negotiations? A. Employers aren't legally al
hram777 [196]

Option D

Employers can't fire an entire union because of the difficulty of replacing every worker best explains reason for unions give workers more power in contract negotiations

<h3><u>Explanation:</u></h3>

One of the numerous significant advantages of getting collectively with your co-workers to create a union is obtaining the accuracy and protection of a union contract. A union contract is a printed contract among the employer and the employees that describes the phases and advantages in a sinless and legally-binding way.

The ability to be capable to recommend policy reforms or raise problems with a company as a whole preferably of just practicing them alone to a manager. A contract is not deemed to be in force till the membership has voted to approve it.

5 0
3 years ago
Read 2 more answers
In a(n) contract, the seller guarantees to sell 100 percent of its goods to one buyer, and the buyer agrees to accept the entire
Sonja [21]

Answer:

Output; Is

In a(n) <u>output</u> contract, the seller guarantees to sell 100 percent of its goods to one buyer, and the buyer agrees to accept the entire quantity. In a(n) contract, the buyer agrees to purchase 100 percent of its goods from one seller. These kinds of contracts <u>is</u> enforceable under the UCC.

7 0
3 years ago
Financial statements of a manufacturing firm The following events took place for Rushmore Biking Inc, during February, the first
pentagon [3]

Answer and Explanation:

The Preparation of income statement is prepared below:-

<u>Rushmore Biking Inc. </u>

<u>Income statement </u>

<u>For the month ended February 28 </u>

<u>Particulars                                                 Amount</u>

Revenues                                               $7,30,300

Less: Cost of goods sold                      $4,41,400

Gross profit                                            $2,88,900

Selling and administrative expenses:  

Selling expenses                    $1,48,500

Administrative expenses       $72,200  

Less: Total Selling and administrative

expenses                                                    $2,20,700

<u>Income from operations                             $68,200</u>

3 0
3 years ago
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