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Vadim26 [7]
3 years ago
10

Under the ABC costing method,

Business
1 answer:
kicyunya [14]3 years ago
7 0

Answer:

d. All of these choices are correct.

Explanation:

Activity Based Costing system is the cost attribution to cost units (products) on the basis of benefits received from indirect activities, that is overheads that can not be allocated to a particular product or process.

So the process involves identifying activities driving the overheads. Determining the activity rates and assigning the costs using activity rate.

So, all the options given are applicable.

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I think the correct answer among the choices listed above is option C. <span>Bringing account balances up to date before preparing financial reports is called journalizing. This step involves the writing of financial accounts in a journal.</span>
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Which describes the buying formula theory of selling? A. Buying decisions depend on four elements: drive, cues, response, and re
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B. The prevailing circumstances act as stimuli to the buyer's responses

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Circumstances the buyer finds himself can determine a buyer's response.

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The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017.
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3 years ago
Rosie's has 1,300 shares outstanding at a market price per share of $10. Sandy's has 2,000 shares outstanding at a market price
Ad libitum [116K]

Answer:

$14,800

Explanation:

Rosie's has 1,300 shares outstanding at a market price of $10

Sandy's had 2,000 shares outstanding at a market price of $23

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Therefore, the value of Rosie's to Sandy's can be calculated as follows

=( 1,300×$10)+$1,800

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4 years ago
Which statement is true about the retail inventory method? Group of answer choices It may not be used to estimate inventories fo
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Answer:

The answer is: There are different versions of the retail inventory method.

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The retail inventory method is very useful for large retailers (e.g. grocery stores, hypermarkets, etc.). Its greatest advantage is that the inventory balance can be calculated without a physical count.

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