All categories

3 years ago

An activity-based costing system is developed in four steps.

Business

1 answer:

olga_2 [115]3 years ago

4 0

Answer:

C. b, c, a, d

Explanation:

The Costing System includes various stages.

The first stage we need to identify number of activities performed and then find the estimates of the total cost.

In the next stage we need to find the cost driver for each activity and then estimate the quantity of each driver's allocation base.

Then in Next stage we need to solve and compute the allocation rate for each activity.

And Then finally we need to find any Indirect cost applied to cost of the object.

Hence The Sequence would be b, c, a, d.

You might be interested in

SKRAM Corporation is appealing directly to the shareholders of IDNIC Corporation to acquire shares of IDNIC stock. This appeal i

soldi70 [24.7K]

Answer:

A hostile takeover with IDNIC corporation as the target company.

Explanation:

Since SKRAM is appealing directly to shareholders of IDNIC to acquire stocks of IDNIC corporation, it means they have a target of getting them to have a certain percentage of ownership in IDNIC because owning a stock in a company means having a percentage of ownership in that company.

This kind of appeal can be likened to trying to an aggressive push to make the shareholders take over the IDNIC corporation.

5 0

3 years ago

James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for work

balandron [24]

Answer:

Structural unemployment

Explanation:

James is going throughout a non voluntary unemployment because there is a "gap" between his skills and the market demanded skills. To minimize this gap, James should improve his skills sets, or take a job with less requirements

5 0

3 years ago

Hillside issues $2,600,000 of 5%, 15-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31

Amanda [17]

Answer:

1.- thwe cash payment are the same for each period as the coupon bond rate is fixed:

2,600,000 face value x 5% coupon rate / 2 payment per year = 65,000

On the last payment, we are going to calculate 65,000 + face value

2,600,000 + 65,000 = 2,665,000

2.- amortization per period 19,513

3.- interest expense per period 45,487

4.- 45,487 interest expense per period x 30 payment dates = 1,364,610

cash 3,182,390 debit

bonds payable 2,600,000 credit

premium on BP 585,390 credit

-- to record issuance --

interest expense 45,487 debit

premium on BP 19,513 debit

cash 65,000 credit

-- entry for each payment date--

Explanation:

proceeds: 3,182,390

face value: 2,600,000

premium: 585,390

amortization per period:

585,390 / 30 payment = 19,513

This will be the amortization on the premium on bonds payable for each payment

3.- as the amortization is fixed under straight-line method the interest expense is also fixed:

65,000 cash proceeds - 19,513 amortization = 45,487 interest expense

6 0

3 years ago

Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2017, GII estimated the foll

Alex_Xolod [135]

Answer:

The quantity variance = -900 unfavorable

Explanation:

Direct materials flexibel - budget variance:

standard

0.7 pounds $30 per pound

3,000 x 0.7 = 2,100 standard pounds

actual

2,400 pound $29 per pound

quantity variance:

30(2,100 - 2,400) = -900

6 0

3 years ago

Predatory pricing refers to a. All of the above are examples of predatory pricing. b. a firm selling certain products together r

mina [271]

Answer:

d. a monopoly firm reducing its price in an attempt to maintain its monopoly.

Explanation:

In a competitive system, a firm practices predatory pricing when it charges prices below its costs in order to eliminate competitors. When the prevailing system is a monopoly, the firm is the only company providing the good and it can practice predatory pricing in the short term to prevent a competitor from entering the market. Thus the firm remains monopolistic.

8 0

3 years ago