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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.

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Yoshino, Inc., a merchandising company, has the following budgeted figures:

erik [133]

Answer:

Explanation:

It is said that the required ending inventory for the month is $15000 and 20% of the next month's sales.

We are considering the month of march here, therefore the ending merchandise inventory is $15000- and 20% of April's sales.

Given:

April's sales = $91,000

Hence, 20% of April's sales = 0.2*91000 = $18200

Hence, ending merchandise inventory for March = 15000 + 18200 = $33,200

5 0

3 years ago

Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-

Sindrei [870]

Sales = $12,000,000

Inventory Turnover ratio (old) = 3
Inventory Turnover ratio (new) = 7.5
Freed up Cash = ?
So, let’s find out the freed up cash
 We know level of inventory are calculated as follows;
Inventory = Sales Inventory turnover ratio
Calculating $ value of old inventory
 Inventory Old=$12,000.0003
 =$7.5,000,000
 Calculating $ value of New inventory
 Inventory New=$12,000,0075
 =$3,000,000
 The freed up cash would be=Old Inventory – New Inventory
 =$7.5,000,000 - $3,000,000
=$4.5,000,000

6 0

3 years ago

Read 2 more answers

As one of the seven habits of strong ethical leaders,________ is “the glue that holds ethical concepts together.” this trait can

Furkat [3]

The passion to do right

6 0

3 years ago

On January 1 st, you make plans to travel to Switzerland the following summer. The direct quote for Swiss francs is $0.30.Since

konstantin123 [22]

Answer:

On January 1st, the $3,000 could buy 10,000 Swiss francs (3,000/0.3).

On June 1st, the $3,000 would buy 7,500 Swiss francs (3,000/0.4).

Explanation:

On January 1st, each Swiss francs could only purchase $0.30 while on June 1st, each Swiss francs could purchase $0.40.

These show that the Swiss francs had appreciated in value relative to the US Dollars with a positive change of 33%. Therefore, the dollar had weakened against the Swiss francs by the same rate.

6 0

3 years ago

Read 2 more answers

Assume that marginal revenue equals rising marginal cost at 100 units of output.

Digiron [165]

Answer:

b) -$700.

Explanation:

The economic profit or loss will be:

economic result = revenue - total cost

Where:

fixed cost + variable cost = total cost

400 + 600 = 1,000

revenue = units x selling price per unit

100 units x $3 = $300

economic result = revenue - total cost = 300 - 1,000 = -700

The company is on the optimal level, marginal revenue = marginal cost at 100 units of output.

But, it is not selling at the correct price. It should sale at a higher price.

5 0

3 years ago