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
abruzzese [7]
3 years ago
7

How can the cost allocation methods in activity-based costing be utilized to target process improvements

Business
1 answer:
fredd [130]3 years ago
7 0

Answer:

In simple words, Activity-based costing can be understood as more precise approach of estimating the cost of a commodity or service, resulting in more precise pricing decisions.

ABC allows for a more effective examination of operational expenses in order to identify better methods to allocate and eliminate overheads. It also allows for more accurate measurement of brand and client profitability.

You might be interested in
Marketing research indicates that almost 70 percent of all women drivers who have driven a Volkswagen Cabrio prefer it to any ot
hoa [83]

Answer:

Demographic

Explanation:

A market segment is a portion of a large market in which the individuals, groups or organizations share one or more characteristics that cause them to have relatively similar products needs.

A market segment consist of a group of customers that share a similar set of needs and wants.

Are four categories of segmentation:

-Geographic

-Psychographic

-Behavioral

-Demographic. The process of dividing a market through variables such as age, gender, education level, family size, occupation, income, and more. This is one of the most used strategies amongst marketers.

7 0
3 years ago
Mike Hansen has adjusted gross income of $82,000. During the year, Mike decided he needed a larger home. He purchased a home on
viktelen [127]

Answer: $0

Explanation: The total amount of an individual's Gross income which is taxed is called the taxable income. An individual's Adjustable Gross Income may include expenses such as charitable contribution, mortgage interest, medical and some other eligible expenditure which are are deducted in other to lessen the taxable income of such individual. Such deductions are called the Itemized deductions.

However, personal expenses DO NOT CONTRIBUTE to an individual's Itemized deduction and as such, MIKE HANSEN'S ITEMIZED DEDUCTION IS ZERO.

The $6000 incurred is classed under personal expenditure and is not deductible.

6 0
3 years ago
If Penny bought a stock for $80 dollars and could sell it 15 years later for 4 times what she originally paid, what is Penny’s r
Anna11 [10]

Answer:

10%

Explanation:

Data provided in the question

Purchase value of the stock = $80

Number of years = 15

Times = 4

So, the return on owning this stock is

= Number of times^(1 ÷ number of years) - 1

= 4^(1÷15) - 1

= 4^0.0666666667  - 1

= 1.0968249797  - 1

= 0.0968249797

= 10% round off

All other things that are mentioned in the question is not relevant. Hence, ignored it

5 0
3 years ago
Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week wh
borishaifa [10]

Answer:

Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours is equal to $136.69

Explanation:

Per hour amount paid to Matt = $6.75

Total number of hours worked by Matt = 20.25

To find Gross pay, multiply hours worked and hourly rate of pay.

Therefore,

Matt's gross pay (hours worked × hourly rate of pay) for last week when he worked 20.25 hours =20.25(6.75)=\$136.6875 ≈ $136.69

5 0
3 years ago
A project that costs $1,900 to install will provide annual cash flows of $500 for the next 5 years. The firm accepts projects wi
Doss [256]

Answer:

A. 3.8 YEARS

B YES

C $325.91

Explanation:

Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.

payback period = amount invested / cash flows

$1,900 / $500 = 3.8 years

the project should be accepted because the payback period is less than the maximum acceptable year

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

cash flow in year 0 = $-1900

cash flow each year from year 1 to 5 = $500

I = 4%

NPV = $325.91

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

6 0
3 years ago
Other questions:
  • Required Information
    14·1 answer
  • A manager who is brought in from outside the organization to help complete a specific task
    12·1 answer
  • The following information was taken from the 2011 income statement of Ultimate Sales: Pretax income, $12,000; Total operating ex
    11·1 answer
  • The kiwanis club sold citrus fruit to raise money for their scholarship fund. a box of oranges costs $21 and a box of grapefruit
    14·2 answers
  • "press firmly to learn what your breasts feel like. a firm ridge in the lower curve of each breast is normal." this step for bse
    14·1 answer
  • Artur, who has a disability, is an employee of banquet & event facilities & services, inc. after the installation of new
    8·2 answers
  • Seller Deangelo agreed to mediate the radon gas problem in his basement within 31 days. It has been 31 days and he still has not
    6·1 answer
  • We collected a sample of the prices of new homes. The mean of our sample is $155,000, with a standard deviation of $15,000. Calc
    6·1 answer
  • Inventory Control and Planning Neilsen Cookie Company sells its assorted butter cookies in containers that have a net content of
    9·1 answer
  • Ong Sai-Yuk Company sells one product. Presented below is information for January for Fong Sai-Yuk Company.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!