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Fittoniya [83]
3 years ago
6

Activity rates are calculated by a.dividing the budgeted activity cost by the total activity-base usage. b.dividing the total ac

tivity-base usage by the budgeted activity cost. c.subtracting the total activity-base usage from the budgeted activity cost. d.multiplying the budgeted activity cost by the total activity-base usage.
Business
1 answer:
Ierofanga [76]3 years ago
6 0

Answer: The correct answer is option (A)

Explanation: Activity rates is calculated by dividing the budgeted activity cost by the total activity-base usage.

Activity Rate = (Budgeted Activity cost) ÷ ( total activity base usage)

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3 years ago
When LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the
bija089 [108]

Answer:

False

Explanation:

The assertion is false that when LIFO is used with the periodic inventory system, cost of goods sold is assigned costs from the most recent purchases at the point of each sale, rather than from the most recent purchases for the period.

Under this method it is <u>at the end of the accounting year that the Inventory account is adjusted to equal the cost of the merchandise that is unsold.</u>

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4 0
3 years ago
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Aliun [14]

To create market stability.

6 0
3 years ago
Early in 2022, Stevenson Incorporated switched to a JIT (just-in-time) inventory system. Financial information for the two most
gregori [183]

Answer:

3.8 times

Explanation:

Inventory turnover indicates how many times a company sells and replaces its stock of goods during a particular period. The formula for inventory turnover ratio is the cost of goods sold divided by the average inventory for the same period.

$ 320,000 / 63,000 = 5.1 times in 2022

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Therefore inventory turnover increase as a result of the switch to the JIT system by 8.9 times - 5.1 times = 3.8 times

5 0
2 years ago
How is a savings account most useful?
Ksenya-84 [330]

The fourth answer is correct (D).

The savings account is an investment that generates little income. To make long-term investments, there are other options that give a better return.

However, this type of account serves so that the money that will be used in the short term has at least some income. In other words, if the investor is sure that he does not need the liquidity of the money, he can apply in bonds, debentures, shares, etc. If the investor has money that needs to be kept liquid to be used soon, the best option is the savings account.

6 0
3 years ago
Read 2 more answers
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