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jeka94
2 years ago
13

Which of the following statements is true of activity-based costing?

Business
1 answer:
Phantasy [73]2 years ago
5 0

Answer:

Option B (An activity....................same activity) would be the correct choice.

Explanation:

  • ABC would be used by companies since there would be a variety of resources consumed. Throughout ABC, that each expense is identified as well as identified to something like the operation.
  • A predetermined overhead price wasn't used so rather than using numerous geographical expense driver amounts.

Only certain costs are defined in the sense of various activities as well as averaged to create each activity cost collection. That is why the above is indeed the correct answer.

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Microhard has issued a bond with the following characteristics:
Aleks [24]

Answer:

At Yield to maturity = 11%

Price = $1,000

Explanation:

As for the provided information we have:

Par value = $1,000

Interest each year = $1,000 \times 11% = $110

Effective interest rate semiannually = 11%/2 = 5.5% = 0.055

Since it is paid semiannually, interest for each single payment = $110 \times 0.5 = $55 for each payment.

Time = 8 years, again for this since payments are semi annual, effective duration = 16

Price of the bond = C \times \frac{(1 - \frac{1}{(1+i^n)}) }{i} + \frac{M}{(1 + i)^n}

Here, C = Coupon payment = $55

i = 0.055

n = Time period = 16

M = Maturity value = Par value = $1,000

Therefore, if yield to maturity = 11% then,

P = 55 \times \frac{1 - \frac{1}{(1 + 0.055)^1^6} }{0.55} + \frac{1,000}{(1 + 0.55)^1^6}

= $1,000

7 0
3 years ago
Beach Grub is a chain of "fast casual" restaurants that sells its menu items at higher prices than its competitors. Yet, the res
NikAS [45]

Answer:

A. Differentiation strategies

Explanation:

  • Different strategies seek to create greater value for their customers by creating goods and services that offer unique features that make them competitors. This is done by trying to keep the same or similar (perhaps slightly more expensive) price level as the competition.
  • In this case Beach Grub offers a variety of services, keeping its prices higher than competing but not more than luxury restaurants.
4 0
3 years ago
Adams County Senior Services is a nonprofit organization devoted to providing essential services to seniors who live in their ow
pashok25 [27]
Explain this better plz
6 0
3 years ago
Mauve starts a business that specializes in procuring and selling antique items. Her business caters specifically to individuals
stepan [7]

Answer:

The opportunity of exploiting market niches is highlighted in the given scenario.

Explanation:

A market niche is "a small but profitable segment of a market suitable for focused attention by a marketer. Market niches do not exist by themselves, but are created by identifying needs or wants that are not being addressed by competitors, and by offering products that satisfy them. See also market segmentation. "

Reference: WebFinance Inc. “What Is Market Niche? Definition and Meaning.” BusinessDictionary.com, 2019

6 0
3 years ago
A good example of a ______________ offense is selling alcoholic beverages to a minor
laila [671]
Minor criminal offense, specifically a strict liability offense. Strict liability refers to an offense made regardless of the the intent of action. In other words, even if you have no malicious intent, you are still liable for the offense. Another example is possession of drugs. 
4 0
3 years ago
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