In what fundamental ways is activity based costing different

Assignment Help Managerial Accounting
Reference no: EM13503661

In what fundamental ways is activity based costing different from traditional costing methods such as job order costing? Please make sure you address why direct labor is a poor base for allocating in many companies. Provide an example for a product where direct labor is not appropriate.

Reference no: EM13503661

Questions Cloud

Find the electric field energy density between the plates : 0.0024 J of energy are stored in a parallel-plate capacitor whose plates each have area 0.30 m2 and are 1.5 mm apart. What is the electric field energy density between the plates
Determine the pressure of your sample : You have a sample of Xenon in a rectangular container. The gas exerts a total force of 3.37 N perpendicular to one of the container walls, Calculate the pressure of your sample
Data and information : Data and Information
Calculate the equilibrium constant for the reaction : Given Ka values of 1.0 x 10-10 and 6.8 x 10-8 for C6H5OH and C5H5NH+ respectively, calculate the equilibrium constant for the following reaction.
In what fundamental ways is activity based costing different : In what fundamental ways is activity based costing different from traditional costing methods such as job order costing? Please make sure you address why direct labor is a poor base for allocating in many companies.
Discuss the components of chipotle business strategy : Discuss the components of Chipotle's business strategy.
Explain what chemical process occurs in the muscle cells : what chemical process occurs in the muscle cells to cause this discomfort and what chemical reactions have possibly taken place in the the body after the exercise. What possible treatments could be done for this person and how would the treatments..
Calculate the force on an airplane : Calculate the force on an airplane which has acquired a net charge of 1650 µC and moves with a speed of 130 m/s perpendicular to the Earth's magnetic field of 5.0 *10^-5T
Develop flowcharts of a business process : Develop flowcharts of a business process using traditional flowcharting techniques as well as data flow diagram.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Question 1 in most organizations customer satisfaction is

question 1 in most organizations customer satisfaction is one of the top priorities. as such attention to customers is

  Worldwide advertising inc referred to as wai has hired you

worldwide advertising inc. referred to as wai has hired you as an it consultant for implementing their windows network

  Compute customer margin for the lason family

Activity-based costing system, compute the customer margin for the Lason family. Round off all calculations to the nearest whole cent.

  Evaluate the total contribution margin

Indiana Corporation produces a single product that it sells for $9 per unit. During the first year of operations, 100,000 units were produced, and 90,000 units were sold.

  Draw a scatter diagram of crsl customers

Draw a scatter diagram of CRSL customers and staff costs and mark the relevant range and high-low method to estimate the behaviour of CRSL staff cost based on customer numbers within the relevant range. Use an equation to express the results of thi..

  Calculate the total production cost

Calculate the total production cost for both the Mixing department and the Cooking department using the Direct Method of Overhead Allocation

  Estimating cost-behavior patterns

The following information provides the amount of cost incurred in May for the cost items indicated. During May 16,000 units of the firm's single product were manufactured.

  The models and concepts affecting the pricing decisions

the models and concepts affecting the pricing decisions taken by organisations critically reflecting upon their

  Alternative methods-joint-cost allocation

Sunshine Oil Company buys crude vegetable oil. Processing this oil results in four products at the split off points: A, B, C, and D. Product C is fully processed at the split off point.

  Computing revenue and cost

Jillian Architecture Company does custom architectural designs for individuals and corporations. The company employs two assistants, who are paid $30 per hour.

  Cash conversion cycle-operating cycle

Calculate the firm's cash conversion cycle. Calculate the firm's operating cycle Calculate the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days.

  Cost per equivalent unit for materials

The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs - cost per equivalent unit for materials for the month in the first processing department is closest to

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd