Answer:
True
Explanation:
An activity based costing (ABC) system assigns resources to the different production activities, and then unit costs are determined by the proportion of the production activities that every unit requires.
This is a much more complex costing method than just assigning overhead costs based on direct labor hours or machine hours.
Answer:
c) 6020
Explanation:
January purchase is 12040
50 % of this purchase will be due on January 30 as remaining 50 % will be paid in January itself
so amount due will be = 12040 x 50 %
= 6020
She is an example of an <u>"interactive" </u>leader.
Interactive leadership focuses on making the association's welfare the main need by developing every single representative to help its bearing and endeavors. Strong pioneers persistently stress the way that if the association wins, everybody wins. Each worker movement that helps and advances this conviction must be sustained and supported.
The following year, show how the following amounts should be reported on the financial statements as assets.
The monetary Accounting Statements Board has described the following factors of economic statements of commercial enterprise corporations: property, liabilities, equity, revenues, prices, gains, losses, funding by using owners, distribution to owners, and comprehensive profits.
The term income and loss P&L statement refers to an economic announcement that summarizes the sales, prices, and fees incurred during a detailed period, commonly one by four or economic twelve months. additionally, the statistics indexed at the profits announcement are mainly in highly current dollars, and so represent an affordable diploma of accuracy.
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