Determine a simplified single cost allocation rate, Cost Accounting

When implementing ABC, once a company has identified business activities and their costs, the company will probably:

A) determine a simplified single cost allocation rate

B) where possible, reclassify activities and costs from product cost to period cost.

C) determine multiple cost allocation rates

D) eliminate each of the activities

Posted Date: 3/20/2013 5:07:38 AM | Location : United States







Related Discussions:- Determine a simplified single cost allocation rate, Assignment Help, Ask Question on Determine a simplified single cost allocation rate, Get Answer, Expert's Help, Determine a simplified single cost allocation rate Discussions

Write discussion on Determine a simplified single cost allocation rate
Your posts are moderated
Related Questions
The Pacific Manufacturing Company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost. Its predetermined overhead rate was based

You work for a firm of accountants as a junior accounts assistant and part of your role is to prepare clients' ledgers accounts from incomplete records. A client of the firm you

Semi Fixed Costs Are costs along with both a variable and fixed cost component? The fixed component is such portion that is constant irrespective of the level of activity. The

The following is a summary of a cash book for the year ended 31 April 2012 Payments                              $              Receipts                                    $

Period Costs Some terms are difficult to define. In one school of thought, period costs are the any costs that are not product costs. But, such a description is a stretch, beca

ln an attempt to conceal a thefi of funds, Kaito Kid, controller of Shinichi Products, lnc. placed a bomb in the company s record vault. The ensuing explosion left only fragments o

Product Versus Period Costs Another way to look at manufacturing costs is to think of them as attaching to a product. In other words, goods result from the manufacturing proces

The sunshine tomato soup shippers produce tomato soup at three west coast canneries in Bakersfield, phoenix, and Eugene. The soup is shipped to four regional warehouses. Due to hig

A company is considering the following alternatives: Alternative 1 Alternative 2 Revenues $240,000 240,000 Variable costs 120,000 140,000 Fixed costs 70,000 70,000 Which of the fol

what do you understand by cost accounting and what are the main decision areas that are involved