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4 years ago

Activity-based costing Question 4 options:

Business

1 answer:

Kitty [74]4 years ago

3 0

Answer:

The correct answer is A. allocates overhead to activity cost pools, and it then assigns the activity cost pools to products and services by means of cost drivers.

Explanation:

The System of Costs Based on ABC Activities (Activity Based Costing) is a model that allows the allocation and distribution of the different indirect costs, according to the activities carried out, since these are the ones that really generate costs. This system stems from the need to solve the problem normally presented by standard costs, when they do not faithfully reflect the value added chain in the development of a particular product or service, and therefore, an adequate determination of the price.

The ABC cost model allocates and distributes indirect costs according to the activities carried out in the process of manufacturing the product or service, identifying the origin of the cost with the necessary activity, not only for production but also for distribution and sale; The activity is understood as the set of actions that aims to incorporate added value to the product through the manufacturing process. Complementing the definition of activity, it should be mentioned that the ABC Model is based on the fact that products and services consume activities, and these in turn are the ones that generate costs.

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Gilbert finds his coworkers intrusive and annoying. when a coworker asks whether gilbert has seen the stapler, gilbert responds

Sergeu [11.5K]

The one illness that could be at an increased risk as what the situation describes is the coronary heart disease. By definition, a coronary heart disease takes place when there is a build-up of plaque inside the arteries. When these build-ups would continue to pile up, it would eventually block the passage of blood thus causing a heart attack.

5 0

3 years ago

The Credit Card Processing unit of a bank receives 60 applications per hour. All applications first go through application proce

Lorico [155]

Answer:

36 applications/hour

Explanation:

Number of application/hour/worker = 60/processing time

Number of application/hour = (60/processing time) * Number of workers

Process No of Processing Number of application Number of

Workers Time (min) /hour/worker application/hour

Application 4 6 10 40

Processing

Credit Check 6 10 6 36

Determine 6 15 4 24

Credit Limit

Issue Card 2 2 30 60

Capacity of credit check in applications per hours = 36 applications/hour

8 0

3 years ago

If the inventory turnover ratio cast co is 5x and its gross profits and sales are $270 million and $1,200 million respectivelly

Nat2105 [25]

Answer:

c.$186 million

Explanation:

Calculation to determine what the inventory account for cast is

Using this formula

Inventory account for cast =Sales - Gross profit/Inventory turnover ratio cast

Where,

Sales=$1,200 million

Gross profit=$270 million

Inventory turnover ratio cast =5x

Let x be the inventory account for cast

Let plug in the formula

5x=$1,200 million-$270 million

5x=$930 million

x=$930 million/5

x=$186 million

Therefore the inventory account for cast is $186 million

3 0

3 years ago

Create your own WBS is for a project by using the mind-mapping approach. Break at least two level two items down to level four.

bonufazy [111]

Experienced project managers know that many things can go wrong in projects, regardless of how successfully the work is planned and executed. Component or full-project failures, when they do occur, can often be traced to a poorly developed or nonexistent WBS. A poorly constructed WBS can result in adverse project outcomes including ongoing, repeated project re-plans and extensions, unclear work assignments, scope creep or unmanageable, frequently changing scope, budget overrun, missed deadlines, and unusable new products or delivered features.

The WBS is a foundational building block to initiating, planning, executing, and monitoring and controlling processes that are used to manage projects as they are described in the PMBOK® Guide—Third Edition (PMI, 2004). Typical examples of the contribution that the WBS makes to other processes are described and elaborated in the Practice Standard for Work Breakdown Structures–Second Edition (PMI, 2006).

6 0

3 years ago

Four years ago, Saul invested $500. Three years ago, Trek invested $600. Today, these two investments are each worth $800. Assum

Tasya [4]

Answer:

A) One year ago, Saul's investment was worth less than Trek's investment. B)

Explanation:

Computation of Saul's Investment Rate of Interest

A = P(1 + r)^t

Where: A = Final amount

P = Principal amount

r = Interest rate

t = Time period in years.

A = $800

P = $500

r = Unknown

t = 4 years

800 = 500(1 + r)^4

Divide both sides by 500

800/500 = (500(1 + r)^4 )/500

1.6 = (1 + r)^4

Take the fourth root of both sides

$\sqrt[4]{1.6}$ = $\sqrt[4]{1 + r)^4}$

1.1246826504 = (1 + r)

1.1246826504 = 1 + r

Subtract 1 from both sides

1.1246826504 - 1 = 1 -1+ r

0.1246826504 = r

Convert 0.1246826504 to percentage and to 2 decimal places

r = 12.47%

That is, Saul investment is at 12.47% interest rate

Computation of Trek's Investment Rate of Interest

A = $800

P = $600

r = Unknown

t = 4 years

800 = 600(1 + r)^4

Divide both sides by 600

800/600 = (600(1 + r)^4 )/600

1.333333333 = (1 + r)^4

Take the cube root of both sides

$\sqrt[3]{1.333333333}$ = $\sqrt[3]{1 + r)^4}$

1.100642416 = (1 + r)

1.100642416 = 1 + r

Subtract 1 from both sides

1.100642416 - 1 = 1 -1+ r

0.100642416 = r

Convert 0.100642416 to percentage and to 2 decimal place

r = 10..06%

That is, Trek investment is at 10..06% interest rate

It can be observed that Saul earns a higher rate of return than Trek. The fact that both investment have equal returns today, it means Saul's investment was worth less than Trek's investment one year ago.

4 0

3 years ago