All categories

2 years ago

Which costing method assigns only manufacturing costs to products?.

Business

1 answer:

shutvik [7]2 years ago

7 0

Answer:

Traditional costing

Explanation:

Using traditional costing, only manufacturing costs can be assigned to products. Under ABC, both manufacturing and non-manufacturing costs may be assigned.

You might be interested in

GrogVix [38]

Answer: A. The relative cost index is given as = Current Price/Base Price x 100.

Explanation:

8 0

2 years ago

What are the relationship between household and commercial bank

Sindrei [870]

Does this help?

All commercial banks must keep an account with the Central Bank. These balances are used for cheque clearing purposes between banks. Payments for cheques between banks are set off at the Central Bank’s clearing house. The Central Bank can also demand commercial banks to deposit a certain percentage of their total deposits with the central bank in order to control the money supply.

The Central Bank is a lender of last resort and will aid commercial banks when needed. The Central Bank dictates the interest rate that commercial banks can offer by setting the bank rate. This is the interest rate set by the Central Bank and the rate at which commercial banks and the Central Bank do business, e.g. loans offered by the Central Bank to commercial bank.

6 0

3 years ago

Klingon Cruisers, Inc., purchased new cloaking machinery five years ago for $15 million. The machinery can be sold to the Romula

Nesterboy [21]

Answer: $13,063,000

Explanation:

The book value of Klingon's assets today will be:

Net working capital = $223,000

Add: Current liabilities = $840,000

Current assets = $1,063,000

Add: Net fixed asset = $12,000,000

Book value of assets = $13,063,000

Therefore, the book value of the assets will be $13,063,000.

3 0

3 years ago

Brief Exercise 9-2 Paige Company estimates that unit sales will be 10,800 in quarter 1, 12,300 in quarter 2, 14,200 in quarter 3

iogann1982 [59]

Answer:

Quarter 1 2 3 4 Total

Quantity 10,800 12,300 14,200 18,800

Price ×$85 ×$85 ×$85 × $85

Total Sales($) 918,000 1,045,500 1207000 1,598,000 4,768,500.

Explanation:

The sales budget is statement showing the expected future quantity to behold and the corresponding expected revenue. The expected revenue is determined by multiplying the selling price by the quantity

Sales budget for Paige Company

Quarter 1 2 3 4 Total

Quantity 10,800 12,300 14,200 18,800

Price ×$85 ×$85 ×$85 × $85

Total Sales($) 918,000 1,045,500 1207000 1,598,000 4,768,500.

5 0

3 years ago

If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the investment be worth in 12 years? use

Volgvan

$613.04 will the investment be worth in 12 years.

<h3>What is investment?</h3>

The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.

Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.

The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.

To know more about investment follow the link:

brainly.com/question/25300925

#SPJ4

8 0

2 years ago