Under activity based costing, indirect manufacturing costs are predominantly assigned on the basis of direct machine hours.
True
False

Answers

Answer 1

False. Direct machine hours may be one of the cost drivers used in ABC, but it is not the sole basis for assigning indirect manufacturing costs.

Under activity-based costing (ABC), indirect manufacturing costs are assigned based on cost drivers that reflect the activities required to produce a product or provide a service, rather than simply using direct machine hours. The aim of ABC is to allocate costs more accurately by identifying and assigning costs to specific activities that contribute to the production process.

Other cost drivers can include direct labor hours, setup time, number of orders, or any other activity that has a significant impact on costs.

The use of multiple cost drivers in ABC allows for a more precise allocation of indirect costs, as different products or services may consume resources in varying amounts and through different activities. By identifying these activities and their associated costs, organizations can gain a better understanding of the true costs of their products or services, enabling more informed decision-making and resource allocation.

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Related Questions

Vera examined a random sample of deodorants distributed by her company. She found the following probabilities:.

Answers

Vera examined a random sample of deodorant distributed by her company and she found a probability of 0.82.

P=0.55 for males.

P=0.18 for botanical fragrance

P=0.05 for men and botanic

Given that deodorant has a botanical aroma, we need to determine the likelihood that it is for guys.

(For men/Botanical smell) i.eP

The condition probability formula is P (A | B ) = P (A U B ) / P (B)

P for men/Botanic scent = P ( F or men and botanic ) / P (botanic scent)

P(For men/Botanical fragrance) = 0.05/ 0.18

P=0.28 (For men/Botanical smell)

Simply put, the probability is the likelihood that something will occur. When we don't know how an event will turn out, we might discuss the likelihood or likelihood of several outcomes. Statistics is the study of occurrences that follow a probability distribution.

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How do the potential costs and benefits of each career path affect your choice?

Answers

My decision is influenced by the potential costs and advantages of each job route because the amount of money I will make depends on how much I can spend.

What is a job?

Numerous things can be categorised as jobs. a paid position that might be either full- or part-time. a task that has been finished, usually for a specified fee. a specific task that employees carry out as part of their regular job responsibilities a pledge or commitment. like a project, "The airport job took twelve months to complete." It can also be used colloquially to refer to a person's pet using the restroom. As an illustration, to indicate that my dog went to the potty, I might say, "I waited for my dog Tommy to do his business, then we walked home." When someone says, "There has been a surge of bank jobs in suburbs," they can be referring to routine tasks that people carry out to obtain money, such as bank robberies.

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third-party logistics providers might perform which of the following services?
a. Repairs
b. Final assembly
c. Transportation
d. All of the above

Answers

Third-party logistics providers might perform all of the following services: repairs, final assembly, and transportation. So, the correct answer is d. All of the above.

These services may also include transportation, final assembly, and repairs. The details of each choice are as follows:

a. Repairs: Some 3PL companies include repair services in their menu of services. Within the supply chain, this can entail repairing or refurbishing goods, machinery, or parts.

b. Final assembly: 3PL providers might also provide this service, especially in sectors where final assembly or modification of items is necessary before they are delivered to the consumer. This can entail assembling different parts, packaging, labelling, and getting the finished product ready for sale.

c. Transportation: Many 3PL suppliers offer transportation as one of their key services. They plan and coordinate the delivery of commodities using a variety of vehicles, including trucks, ships, aeroplanes, or a combination of these.

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A document typically encountered in the revenue cycle that is both an output document and a source document is the

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A document that is typically encountered in the revenue cycle and serves as both an output and source document is an invoice.

An invoice is an output document as it is created by the seller and sent to the buyer as a request for payment. It is also a source document as it contains information such as the buyer's name, quantity and type of products or services sold, and the price that are used to record the transaction in the seller's accounting system.

Invoices play a crucial role in the revenue cycle as they help to ensure that sales are accurately recorded and that payments are received on time.

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What is the world's largest free trade area?

Answers

Answer: free market

Explanation:

The free market is where all the stocks are shared, The answer is free market!

Answer:

The world's largest free trade area, encompassing 54 countries and 1.2 billion people, the African Continental Free Trade Area will bring the promise of trade-led economic growth closer to reality for Africa's entrepreneurs, industrialists, investors, innovators and service suppliers.

sorry if it wrong

Explain the impact of strikes as a socio-economic issue on businesses.​

Answers

19 Sep The Effects of strikes on Businesses and Employees

Employment relationships between both parties could become strained and this could affect teamwork and profitability. Businesses suffer production and financial losses and consumer confidence is adversely affected.

when merchandise purchased on account is returned under the perpetual inventory system, the buyer would debit:

Answers

Answer:

44j4j4jj4wuwhsnensnsbssndnsnshshahshsjdjsjsjsjfjdjjfrjrjfsnjddndmfnjddjdjfj

the individual responsible for the proper closing of the transaction and settlement statement is:

Answers

The individual responsible for the proper closing of the transaction and settlement statement is the closing agent.

The closing agent plays a vital role in ensuring a smooth and accurate closing process. They are typically a neutral third party, such as an attorney, title company representative, or escrow officer. Their main responsibility is to facilitate the transfer of ownership from the seller to the buyer and ensure that all aspects of the transaction are properly handled.

The closing agent reviews the transaction documents, coordinates with all parties involved, verifies the accuracy of the settlement statement, and ensures that all necessary payments and fees are collected and disbursed appropriately. They also oversee the signing of the necessary legal documents, such as the deed and mortgage, and ensure that the transaction is legally binding.

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Which of the following management information systems are used for routine tasks?
A. Decision support systems
B. Expert systems
C. Transaction-processing systems
D. E-commerce systems
E. Decision support systemsWhich of the following management information systems are used for routine tasks?

Answers

The management information system used for routine tasks is C. Transaction-processing systems.

Transaction-processing systems (TPS) are designed to process and record routine transactions that occur within an organization. They are primarily responsible for collecting, storing, and processing data related to everyday operational activities such as sales, purchases, inventory management, and employee records. TPS provides real-time or near-real-time information and are crucial for the day-to-day functioning of an organization.

TPS is focused on operational efficiency and ensuring the accurate and timely processing of transactions. They are designed to handle high volumes of repetitive transactions, often involving large amounts of data. TPS supports routine tasks by automating data entry, processing, and storage, which helps in streamlining business operations and reducing manual effort.

On the other hand, decision support systems (DSS) and expert systems are more specialized information systems that support managerial decision-making and provide domain-specific knowledge and recommendations. E-commerce systems are focused on facilitating online transactions and interactions with customers, suppliers, or partners

In summary, transaction-processing systems are specifically designed to handle routine tasks and process day-to-day transactions, making them the appropriate management information system for routine operational activities.

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What nims management characteristics are you supporting? select the two characteristics that apply.

Answers

However, in the context of NIMS (National Incident Management System), there are several management characteristics that are commonly supported. Here are two characteristics that apply:

1. Incident Command System (ICS): NIMS emphasizes the use of the Incident Command System, which is a standardized organizational structure that enables effective coordination and communication during emergency incidents. ICS establishes clear roles and responsibilities for incident management, with a designated Incident Commander overseeing the overall response efforts.

2. Unified Command: In complex incidents involving multiple jurisdictions or agencies, NIMS promotes the use of a Unified Command structure. Unified Command allows multiple agencies or organizations to work together and make collective decisions. This approach ensures a coordinated response and avoids duplication of efforts.

To summarize, the two NIMS management characteristics that are commonly supported are the Incident Command System (ICS) and Unified Command. These structures help facilitate effective communication, coordination, and decision-making during emergency incidents.

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rent received Rs. 10,000/-​

Answers

Answer:

Okay, but where is the question or it's free points?

Here for points,please ignore me.

One function of print media is to interpret and ascribe meaning to issues and events in order to help individuals understand their roles within the larger society and culture. This function is called __________.

Answers

The function of print media that involves interpreting and assigning meaning to issues and events to help individuals understand their roles within society and culture is called "media framing."

Media framing refers to the way in which print media, such as newspapers and magazines, present information and shape public understanding of events and issues. It involves selecting certain aspects, perspectives, and narratives while omitting or downplaying others. Through framing, media organizations highlight specific angles, values, or ideologies to influence how readers perceive and interpret the news. By framing issues and events, print media aims to provide individuals with a framework through which they can understand and navigate their roles within the larger society and culture.

Media framing can shape public opinion, attitudes, and behaviors by shaping the narratives and meanings associated with various topics. It plays a significant role in constructing and reinforcing social norms, values, and identities. Overall, the function of interpreting and ascribing meaning to issues and events within print media serves to guide individuals in understanding their place and role within society, ultimately shaping their perceptions and behaviors.

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suppose the employees of a manufacturing company went on strike. assuming that the company policy is not to negotiate with strikers, the company would most likely:

Answers

An industrial company's workers went on strike. The corporation would most certainly hire replacement workers if it were assumed that it was against company policy to deal with strikers.

Which effects of a strike are deemed detrimental to an employer?

Loss of productivity and clients is one of the effects of strikes on employers. The situation of the transit employees is a great illustration of how businesses can suffer from lost sales and output as a result of strikes.

What are an employee's rights when on strike?

The adage "no work, no compensation" is applicable. During a strike, the company is not required to pay the workers. However, the employer is required to provide payments in kind, such as food, lodging, and other perks including a pension, medical assistance .

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With regard to business definition, railroads may have lost business because they:

Answers

With regard to business definition, railroads may have lost business because they defined their business too narrowly.

Railways are a safe land transport system whilst in comparison to different kinds of shipping. Railway transport is capable of excessive stages of passenger and load usage and strength performance however are frequently less flexible and more capital-intensive than avenue delivery when decreased site visitor levels are taken into consideration.

The Railroad become the first advanced in top-notch Britain. a person named George Stephenson efficaciously implemented the steam technology of the day and created the world's first hit locomotive.

The primary engines used in the United States of America had been bought from Stephenson Works in England.

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All of the following are examples of transfer payments except: _____________.

a. unemployment compensation to the unemployed.
b. welfare benefits to the poor.
c. Social Security payments to the elderly.
d. dividend payments to the wealthy

Answers

d.) Divided payments to the wealthy.

he trucking company has one service department and two regional operating departments. the budgeted cost behavior pattern of the service department is monthly in fixed costs plus per​ 1,000 ton-miles operated in the and regions.​ (ton-miles are the number of tons carried times the number of miles​ traveled.) the actual monthly costs of the service department are allocated using​ ton-miles operated as the​ cost-allocation base.

Answers

The budgeted cost behavior pattern of the service department includes fixed costs and variable costs based on the ton-miles operated in the regions.

In this scenario, the cost behavior pattern of the service department consists of both fixed costs and variable costs. The fixed costs remain constant regardless of the ton-miles operated, while the variable costs are incurred based on the number of ton-miles operated in the regions. Ton-miles are a measure of the trucking company's activity level, calculated by multiplying the number of tons carried by the number of miles traveled.

The allocation of actual monthly costs in the service department is based on the ton-miles operated. This means that the service department's costs are allocated to the regional operating departments based on the amount of ton-miles each region generates.

The ton-miles operated serve as the cost-allocation base for determining how the costs of the service department should be allocated to the operating departments.

By using ton-miles as the cost-allocation base, the company aims to allocate the costs of the service department in a way that aligns with the actual level of activity in each region. This approach helps distribute the service department's costs more accurately, ensuring that the operating departments bear their fair share of the service department's expenses based on their utilization of the service provided.

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Even when economic indicators show that the economy is down, small businesses often thrive. Think of a small business in your community that would do well, even if people did not have a lot of extra money to spend, and explain the advantages it has over larger businesses.

Answers

Answer:

A drug store is a type of business that is likely to do well even in an economic recession.

This is because drug stores sell an essential good, that often has a high price, and that is needed by many people, specially those who suffer from chronic diseases.

In other words, people will likely reduce their consumption of many other goods before reducing their consumption of prescription drugs.

Suppose that instead of leasing the Accord, Nigel decides to buy the Honda Accord for $22,180. Would this contract need to be in writing to be enforceable?

Answers

L

Answer:

yes, pursuant to UCC, Section 2-201

Explanation:

Statute of frauds is a provision that requires certain transactions be in writing. This is usually based on the amount involved in the transaction.

In the given scenario according Section 2-201 of the UCC a contract that is above $500 should not be entered unless there is a written contract.

An oral contract won't suffice In this case.

j. flores owns a business and is trying to decide whether to incorporate. while researching corporations, she has determined the following facts. which of these facts is not correct?

Answers

When the rights of the owners are transferred, corporations are dissolved.

Corporations dissolve when owners transfer rights. Option D

This will be discussed in further detail below.

What do you mean by corporations?

A corporation is an organization, which is often either a collection of individuals or a firm, that has been granted permission by the state to function as a single entity and is recognized as such in law for the purposes of specific activities.


To sum everything up, Charters were the first means through which early corporations were created.

These days, new companies may be formed in the majority of countries via a process called registration.

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complete question

J. Flores owns a business and is trying to decide whether to incorporate. While researching corporations, she has determined the following facts. Which one is not correct?

Corporations limit shareholder's liability.

Corporations have ease of capital accumulation.

Corporations have lack of mutual agency.

Corporations dissolve when owners transfer rights.

Corporations incur double taxation.

Am I beautiful please give a honest reply.​

Answers

Answer:

ive never met you but your always pretty on th einside :3

Explanation:

yes you are queen dwell on the beauty of life. Watch the stars, and see yourself running with them.

Megan is already looking ahead to graduation and a job, and she wants to buy a new car not long after her graduation. If after graduation she begins an investment program of $2,300 per year in an investment yielding 6 percent, what will be the value of the fund after three years? (Hint: Use Appendix A.3 (Links to an external site.) or the Garman/Forgue companion website.) Round Future value of Series of Equal Amounts in intermediate calculations to four decimal places. NO cents! DOLLARS ONLY

Answers

Answer:

$ 7,322  

Explanation:

$2300 per year is an annuity investment. The formula for future annuity value is as below

FV  =  A  × (1 + r)^n - 1 / r

                           

Where A = amount invested periodically

r = interest rate, 6% or 0.06

n = 3 years

Fv = $2300 x{ (1 +0.6)^3 -1} /0.06

Fv  = $2300 x (1.191016-1) /0.06

Fv  = $2300 x  ( 0.191016/0.06)

Fv =  $2300 x  3.1836  

Fv=  $ 7,322.28

Fv= $ 7,322  

 

What Came first, the color orange or the fruit?

Answers

The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s and came to us from the Old French orenge, adapted from the Arabic nāranj, from the Persian nārang, from the Sanskrit nāranga (“orange tree”)

Answer:

the fruit

Explanation:

The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s

Match the examples with the types of goods.
To match them, click the example, and then click the type of good.
Unsought good
Omar buys a snack bag of chips that he noticed while
waiting in line at the store.
Joaquin pays for renters' insurance so that he will get
paid if his belongings are destroyed in an accident or
burglary
Convenience
impulse good
Jamie goes to the store to buy toothpaste.
Convenience
staple good
Wanda reads reviews of different video cameras to
decide what brand she wants, and then chooses the
store with the lowest price on that item.
Shopping good
Adriana only buys doughnuts from her favorite local
doughnut shop.
Specialty good

Answers

Answer:

Omar buys a snack pack of chips that he noticed while in line at the store - Convenience impulse good. Convenience impulse good are good which entices the consumer which leads to he making purchase without researching or thinking.

Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in accident or burglary - Unsought good. Unsought good are goods that the consumer has no prior knowledge on and usually purchased out of fear.

Jamie goes to the store to buy toothpaste - Convenience staple good. Convenience staple good are goods regularly consumed.

Wanda reads review of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item - Shopping good. Shopping good are goods purchased after consumer had compared its prices, quality in different store.

Adriana only buys doughnuts from her favorite local doughnut shop - Specialty good. Specialty good are goods which specific characteristics and benefit such that consumer has a reason for purchasing it.

which federal reserve action can shift the aggregate demand curve to the left?

Answers

Explanation:

Contractionary Monetatary Policy

List the basic elements of business plan

Answers

Answer:

Company Description

Market Analysis

Competitive Analysis

Marketing Plan

Sales Strategy

Explanation:

Mark me the brainliest if it helped

Which level of government are Planning workers most likely to work for?

A) state
B) federal
C) local
D) international

Answers

I’m pretty sure it’s local.

The level of government is Planning workers most likely to work for local. Thus, the correct option is (C).

A single sovereign state's lowest levels of public administration are collectively referred to as "local government" in the United States.

When the word "government" is used in this context, it explicitly alludes to a level of bureaucracy that is geographically confined and has a set of responsibilities.

A variety of essential services for residents and companies in certain areas are handled by the local government.

Therefore, the correct option is "C".

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discuss how to apply the quality management model in the development of a new program like teen obesity.

Answers

An company, product, or service is consistently functional thanks to quality management. Quality planning, quality assurance, quality control, and quality improvement are its four key parts.

The goal of quality management is to improve both the product and service quality as well as the methods utilized to do so. To achieve more consistent quality, quality management therefore employs quality assurance and control of both processes and products. A component of quality management is quality control. Quality is determined by what a consumer wants and is willing to pay for. It is a verbal or written pledge made to a consumer in the market, whether they are well-known or not. The degree to which a product fulfils its intended purpose is a measure of quality.

A framework for understanding the interaction between personal and environmental influences on behavior is provided by the social ecology model (SEM). The SEM has been used to examine pediatric obesity treatments and identify factors that have an effect on behavior at every level.

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#1 You are driving down the highway when one of your tires suddenly blows out. You should

Pump your brakes rapidly, and steer your vehicle to control any skids.

Avoid using your brakes. Slow down gradually and concentrate on steering.

Press hard on your brake pedal and stop as quickly as you can.

Answers

Avoid using your brakes. Slow down gradually and concentrate on steering

how can person identify whether a company is private company or public company​

Answers

Answer:

The overview of that same problem is defined throughout the explanation segment below.

Explanation:

My understanding would be that privately owned businesses will happily inform anyone who queries. Publicly traded companies are identified by the mark as well as the worker's everyone seems to be testing their price of the stock-to decide according to one's interest in share capital.

But things are going to change, the FED had already lost together with all remaining remains of knowledge that convince one where the worth of someone's inventory since they have lost Market Exploration.

can someone please help me with this question?​

can someone please help me with this question?

Answers

Answer:

We can first assess the effects of each of the transactions on the balance cheat.

the a) transaction will reduce cash by $500, and reduce creditors by the same amount.

the b) transaction will increase cash by $300, and reduce debtors by the same amount.

the c) transaction will reduce cash by $1,000, and reduce the Loan from L. Stennett by the same amount.

Now we can list this effects.

Cash is reduced by $500 + $1,500 and increased by $300. The total net effect on cash is then a $1,200 decrease ($1,500 decrease + $300 increase).

All the other accounts have only one reduction, so we simply substract that figure from the balance sheet on the picture to obtain our new figures.

Now we can write the new balance sheet

Balance Sheet as at 10 April 2007

Assets

Buildings                $6,000

Motor Vehicle        $4,000

Stock of Goods      $2,000

Debtors                  $2,500 (-$300)

Cash at bank         $2,000 (-$1,200)

Total Assets           $16,500

Liabilities

Loan L. Stennet      $1,000 (-$1,000)

Creditors                 $1,100 (-$500)

Total Liabilities        $2,100

Capital                     $14,400

By the accounting equation, Capital + Liabilities = Assets, we see that it holds true: $14,400 + $2,100 = $16,500, so are figures are right.

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