Answer:
In the activity based costing system, the costs are always allocated to unit product on a more fairer basis which is allocating cost pools on the cost driver basis and always remember that these cost pools originated by breaking the total overhead costs. This total Overhead cost is used only in absorption costing and absorbed on not a fairer basis (only uses only one basis of allocation which is either machine hours or labor hours).
Explanation:
The cost driver for setting up batches is number of batches, processing customer orders is customer order and that of Assembling products is assembly hours.
So
Setting up batches cost per Product X26X = $78.6 * 34 = $2672.4
Processing Customer Orders per Product X26X = $59.4 * 1 = $59.4
Assembling products cost per Product X26X = $1.58 * 369= <u>$583.2</u>
Total overhead cost assigned to unit product = <u>$3315</u>
Answer:
This method of allocation, called first come, first served, is often used to distribute cheap tickets to rock concerts, sporting events, movies, and many other events. The first come, first served method does a fairly good job of allocating tickets to the people who want to see the show the most.
Answer:
quantity supplied of labor at the sailboat factory will increase.
Explanation:
If it happens that the sailboat manufacturer increases the hourly wage paid to his employees, then the more employees will rush to the sailboat thereby increasing the quantity supplied of labor at the sailboat factory.
Answer:
2017 2016 2015
CURRENT RATIO 1,88 2,52 2,87
ACID-TEST RATIO 0,93 1,30 1,72
Explanation:
CURRENT RATIO
Total Current Assets
====================
Total Current Liabilities
ACID-TEST RATIO
Total Current Assets - (Merchandise Inventory + Prepaid Expenses)
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Total Current Liabilities
Answer:
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