Activity based costing involves combining related costs for easier accounting so this statement is True.
Activity based costing:
- Involves assigning costs to related activities only
- Is useful in seeing the total costs of certain activities
- Allows companies to set better prices
Activity based costing combines activities that are similar such as those that require labor hours and then assigns costs to them based on the amount of activity that those sections saw during the production period.
We can therefore conclude that activity-based costing combines related activities and one reason for this is to reduce the cost of record keeping.
<em>Find out more at brainly.com/question/17076430.</em>
Answer:
The deposit of $178,000 by Mr. Rho appears under Liabilities of Waterfield Bank as shown in the attached photo.
Explanation:
Note: See the attached photo for the T-account Illustration for Waterfield Bank after this transaction has occurred.
The the proceeds of the home sale deposited by Mr. Rho into his checking account at Waterfield Bank is liability to Waterfield Bank. Therefore, the deposit of $178,000 by Mr. Rho appears under Liabilities of Waterfield Bank as shown in the attached photo.
Answer:
(B) The company increases its dividend payout ratio.
Explanation:
AFN is Additional Funds needed.
For this Additional Funds needed = Expected or projected increase in assets - Expected increase in liabilities - Expected increase in retained earnings.
As with the payment of dividend the retained earnings tend to reduce, therefore with increase in dividend payout ratio there will be decrease in expected increase in retained earnings.
Which will further increase the AFN.
Therefore, the correct answer is
(B) The company increases its dividend payout ratio.
Answer:
How deep your relationship is