1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zielflug [23.3K]
4 years ago
13

Firms today are beginning to use techniques such as activity-based costing to more accurately allocate costs to customers based

on the specific costs of servicing a customer’s orders relative to how, how much, what, and when a customer orders.
Business
1 answer:
kirill115 [55]4 years ago
3 0

Answer:

Activity Based Costing is more accurate than traditional costing methods such as Marginal and Absorption costing, especially when orders can be customized.

Explanation:

Traditional costing methods focus on Labor and material costs but in the modern business environment, overheads can be substantial and sometimes even more than the cost of labor and materials.

Activity Based costing allocates cost more accurately by considering how cost is incurred and absorbs the cost based on this. It also recognizes that some orders require customization,  making their cost totally different from similar orders. This is a more detailed approach to calculating cost than traditional costing methods that assume that orders are generically made in a long production line.

You might be interested in
The forces of love, affection, guilt, fear, or passion that compel consumers to buy
barxatty [35]

Answer:

food

Explanation:

what is the question

6 0
3 years ago
Select the scenario that best describes the recommended approach for developing team goals.
aleksley [76]

Answer:

d. Michaela and her team create goals that balance the strengths, roles, and responsibilities of individual team members.

Explanation:

Development of team goals is most effective when the set targets are effectively being achieved by the team as a whole.

This entails that each team member contribute their own quota to the process.

The whole team is now involved in execution of planned actions.

The best statement that portrays this is: Michaela and her team create goals that balance the strengths, roles, and responsibilities of individual team members.

5 0
3 years ago
Suppose that the populations of the United States and China both increase by 12 million people in one year. What would be the re
JulijaS [17]

Answer:

In the given year, American population grew by 4% while China's population grew by 1.2%.

Explanation:

The present problem establishes that in one year the populations of China and the United States both increased by 12 million people. But both countries have different populations: China has a population of 1 billion inhabitants, while the United States has 300 million.

To determine the percentage of population increase in each country, we must perform cross multiplications:

-U.S:

300 = 100

12 = X

(12 x 100) / 300 = X

1,200 / 300 = X

4 = X

The United States grew by population 4% in the year.

-China:

1,000 = 100

12 = X

(12 x 100) / 1,000 = X

1,200 / 1,000 = X

1.2 = X

China grew by population 1.2% in the same period of time.

8 0
3 years ago
Read 2 more answers
Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. Th
netineya [11]

Answer:

A) 100

Explanation:

total sales 3,600 units

cost per unit $200

cost of placing order $40

holding cost $20 per year

working days 360 per year

lead time 5 days

If Mark orders 200 units each time, his average inventory ?

daily sales = total sales / working days = 3,600 / 360 = 10 units per day

number of orders per year = 3,600 / 200 = 18

Mark places one order every = 360 days / 18 orders = 20 days

average inventory = (200 units / 20 days) x 10 days = 100

I assume that mark has some type of safety stock that allows him to hold enough inventory to cover for the 5 day lead time.

8 0
3 years ago
The trustees of a pension fund would like to examine the issue of protecting the bonds
Trava [24]

Answer:

The answer is C they but at a discount, the entire issues of new security....ation:

5 0
3 years ago
Other questions:
  • 2. In order to expedite basic performance improvement team functioning, the team should: A. Establish ground rules. B. Perform f
    11·1 answer
  • Many people are familiar with swot analysis—analyzing strengths, weaknesses, opportunities, and threats—which is used to aid in
    11·1 answer
  • The concept of markup under monopolistic competition would best be described as the attempt of firms to make their products look
    14·1 answer
  • Assume PRC Corp., an equipment distributor, sells a piece of machinery with a list price of $600,000 to ACH Inc. ACH will pay $6
    11·1 answer
  • The Short-Line Railroad is considering a $100,000 investment in either of two companies. The cash flows are as follows: Year Ele
    7·1 answer
  • Problem 2 (9 points) The following information was taken from the income statement and balance sheet of The Perryman Company for
    8·1 answer
  • Parking costs are incurred regardless of how well an event does.
    12·1 answer
  • Over the next few years, many organization will be collecting vast amounts of data on their employees ranging from engagement to
    14·1 answer
  • For the year ended December 31, Depot Max's cost of goods sold was $56,900. Inventory at the beginning of the year was $6,540. E
    12·1 answer
  • a company that manufactures general-purpose transducers invested $2 million 4 years ago in high-yield junk bonds. if the bonds a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!