Business, 14.12.2019 03:31 ublockmon786

Activity-based costing (abc) is a costing technique that uses a two-stage allocation process. which of the following statements best describes these two stages?
a. the costs are assigned to activities, and then to the products based upon their use of the activities.
b. the costs are assigned to departments, and then to the products based upon their use of activity resources.
c. direct costs are allocated to the production departments based on a predetermined overhead rate.
d. indirect costs are assigned to activities, and then to the products based upon the direct cost resources used by the activities.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 18:00

When peter metcalf describes black diamond’s manufacturing facility in china as a “greenfield project,” he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?

Answers: 1

Answer

Business, 22.06.2019 20:10

As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits

Answers: 3

Answer

Business, 23.06.2019 02:20

You park your car on sixth street and walk over to the quad for lunch. while crossing wright street, you are hit by a bicyclist and knocked to the ground. you hit your head so hard you are knocked out. when you wake up, the person who hit you is gone. you incur $45,000 in medical bills. the person who hit you would be liable for $150,000 in damages if you could find them. your policy will pay:

Answers: 1

Answer

Business, 23.06.2019 13:00

Regarding the flow of costs through the inventory accounts, which of the following statements is incorrect? a. the costs flow from raw materials inventory to work-in-process inventory to finished goods inventory. b. the format for computing the amount used, manufactured, or sold is the same for all three inventory accounts. c. the final amount at each stage is added at the beginning of the next stage. d. purchases of raw material and freight in are debited to the work-in-process inventory account.

Answers: 1

Answer

You know the right answer?

Activity-based costing (abc) is a costing technique that uses a two-stage allocation process. which...

Questions