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Sliva [168]
3 years ago
11

If a firm is following the cost leadership strategy, and overhead accounts are complex, then the: Firm should attempt to collect

only material and labor costs. Firm should use a process costing system. Firm can use either a project or job costing system. Traditional volume-based job costing will not usually provide the needed cost accuracy. Only recourse is to install a hybrid costing system.
Business
1 answer:
Sonja [21]3 years ago
8 0

Answer:

Traditional volume-based job costing will not usually provide the needed cost accuracy.

Explanation:

Cost leadership strategy basically means that the company will try to sell its products and services at the lowest possible price. This should increase total sales volume, but in order to be profitable, the production and operational costs must be very low. Actually, the company needs to continuously find ways to keep their costs under control or decrease them if possible.

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In the retail industry, ABC tries to add value to their products and services so they can attract customers who are willing to p
kicyunya [14]

Answer:

A. Differentiation strategy.

Explanation:

In a market different firms try to maintain a competitive edge over others. This is achieved by using various strategies like: Differentiation strategy, Local strategy, Regional strategy, Cost-leadership strategy, Global strategy.

In the given scenario ABC tries to add value to their products and services so they can attract customers who are willing to pay a higher price.

This is a differentiation strategy where a firm tries to make their product different from.otgers in order to maintain a competitive advantage over others

5 0
2 years ago
Alles Company uses a job costing system that applies factory overhead on the basis of direct labor dollars. No job was in proces
Kazeer [188]

Answer:

(a)

For Job G15:

Direct labor = $20,000

Overhead applied = 16,000

Overhead rate = \frac{16,000}{20,000}\times 100

                         = 0.8 × 100

                         = 80%

Overhead applied = Direct labor × 80%

                         = $20,000 × 80%

                         = $16,000

Overhead is applied on direct labor. Hence, rate is 80%.

Overhead for Job B10 = Direct labor × 80%

                                     = $54,000  × 80%

                                     = $43,200

Therefore,

Total overhead applied = $43,200 + 45,750 + 16,000

                                        = $104,950

(b) Hence,

Overapplied overhead for February:

= Total overhead applied - Actual Overhead

= $104,950 - $68,500

= $36,450

4 0
3 years ago
Help! I dont have much lime left ;-;
horrorfan [7]

Answer:

Anthropologist - researches and analyzes historical human characteristics

Agricultural Technician - gathers and test materials from plants and animals

Archivist - organizes, maintains and protects documents and records

Statistician - analyzes and explains numerical information

4 0
3 years ago
Coordinating, monitoring, and allocating database administration resources is included in a dba's _____ role.
german
It is a technical database managerial role that it performs in an organization. The DBA has detailed function and a critical role in maintaining database security, organization, management, performance, recovery, and marketing.  This requires analysis and systematic view of all said functions. 
5 0
3 years ago
Product line extensions are current products that have been modified. (points : 1) true false
MariettaO [177]
Hello there. ;D

<span>Product line extensions are current products that have been modified.

Answer:True</span>
5 0
3 years ago
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