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Lubov Fominskaja [6]
3 years ago
11

Activity-based costing systems: Eliminate multiple-stage cost allocation. Accumulate overhead costs by departments. Have separat

e overhead rates for each activity. Can be used in manufacturing firms only. Are less complex and therefore less costly than volume-based systems.
Business
1 answer:
kherson [118]3 years ago
3 0

Answer:

Eliminate multiple-stage cost allocation. Accumulate overhead costs by departments and Have separate overhead rates for each activity.

Explanation:

Activity-based costing systems are used to allocate indirect costs to Products. This is because indirect costs can not be traced directly to the product being produced or cost center. So, Activity-based costing systems can be used in any industry. The main point in Activity-based costing systems is how to allocate general cost or general expenses to each cost center or product.

Thus, identification of activity costs centers and activity costs drivers to allocate the overheads is costly and takes a lot of time. However these systems eliminate multiple-stage cost allocation. Accumulate overhead costs by departments and have separate overhead rates for each activity.

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"The internal rate of return method differs from the net present value method in that it results in finding the" _______________
Elenna [48]

Answer: profitability

Explanation: The internal rate of return method differs from the net present value method in that it results in finding the profitability of the potential investment.

In capital budgeting which is the process by which companies determine whether a new investment or expansion opportunity is worthwhile and if undertaken, could either yield net profits or losses for the company, both the net present value (NPV) (present value of cash inflows minus the present value of cash outflows over a given period time) and the internal rate of return (IRR) methods are employed.

How does the IRR method determine profitability? - This it does by using a percentage value rather than a dollar amount and therefore is advantageous in representing the possible returns of investments by comparing it with other alternative investments.

4 0
3 years ago
Jean works for Fahrenheit Publishing which is a publisher of scientific journals. The company is dominated by low risk taking an
Alexxx [7]

Answer:

C) Jean's department has developed a subculture

Explanation:

Based on the information provided within the question it can be said that Jean's department has developed a subculture. This refers to a culture within a larger culture. Which seems to be the case since the company itself focuses solely on low risk taking and high attention to detail. While Jean's department focuses mainly on high team orientation including working together and socializing through various activities.

8 0
4 years ago
Gift Finder
Andreyy89
A clothing haul of shirts with horses on it ig
4 0
3 years ago
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Those in favor of decreasing the pay gapbetween senior executive and average workers argue
Schach [20]

Answer:

no

Explanation:

honestly the only difference typically these days between senior and average is time spent at company. However, this does not make the average worker less or worse than the senior, and they could be even better. Therefore, the pay should be according to the rank that the person is, not senior wise, but profit wise.

6 0
2 years ago
Select an organization and identify and evaluate the components of its Strategic Plan (i.e., Vision, Mission, Values, Core Compe
kicyunya [14]

Answer:

Nestle with a tag line of "Good Food, Good Life" its vision is to enhance quality of life and contribution to a healthier future for all individuals, this vision conveys the plan and results clearly. Nestle is achieving the results by providing good quality food to its consumers.

Explanation:

Nestle with a tag line of "Good Food, Good Life" its vision is to enhance quality of life and contribution to a healthier future for all individuals, this vision conveys the plan and results clearly. Nestle is achieving the results by providing good quality food to its consumers.

Mission statement clearly explains that Nestle exist to provide healthier living for individuals. The vision describes the present and future of the betterment of the health of individuals, the vision is clear concise and memorable.

Environment is going towards better health standards people want a healthier and better quality of life which is connected to Nestle's vision and mission.

The goals of Nestle is set in line with the original mission and vision of the organization .

Nestle is helping with fighting hunger, in the situation of global pandemic Nestle fed more than 8 million people. I think this was a great initiative and this can be further more expanded by regularly feeding those in need and not just during the pandemic.

4 0
3 years ago
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