Product-level cost in activity-based cost management system

Assignment Help Accounting Basics
Reference no: EM13149995

Which of the following items would be classified as a product-level cost in an activity-based cost management (ABM) system?

1. Change order to meet a new customer's specification

2. Movement of materials for products in production

3. Long-term lease payments for factory equipment

4. Insurance and property taxes on faculty building

Reference no: EM13149995

Questions Cloud

Which statements about the human brain is true : Which of the following statements about the human brain is true.
Nebraska and virginia each have 100 acres : Suppose the two states decide that they want to produce 590 units of wheat together (not 590 units of wheat each). What is the maximum amount of cotton that they could produce?
Expected extra cost due to returns per unit : A mail order company finds 18% of the purchases of a particular item are returned. The company estimates each return costs $0.70 in transportation and extra handling. What is the expected extra cost due to returns per unit of this item?
When making any type of business decision, : When making any type of business decision, one of the most difficult things to do is distinguish between relevant business .information to that decision and unimportant information. What distinguishes relevant business information from unimportant in..
Product-level cost in activity-based cost management system : Which of the following items would be classified as a product-level cost in an activity-based cost management (ABM) system?
How much heat is required to warm 229 g of ice : How much heat is required to warm 229 g of ice from -47.1°C to 0.0°C, melt the ice, warm the water from 0.0°C to 100.0°C, boil the water, and heat the steam to 173.0°C?
Particular economy and period,investment was equal : Suppose that for a particular economy and period,investment was equal to 100,government expenditure was equal to 75,net taxes was fixed at 100,and consumption was given by consumption function c=25+0.8Yd where Yd is the disposable income and Y
Amount of adjusting entry for bad debts : An aging of accounts receivable indicated that $192,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is
Calculate the moles of argon present : A 347 mL container holds 0.146 g of Ne and an unknown amount of Ar at 35°C and a total pressure of 630. mmHg. Calculate the moles of Ar present.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Information regarding maturity risk premium

Assume that the real risk-free rate, r, is 3 percent and that inflation is expected to be 8 percent in Year 1, 5 percent in Year 2 and 4 percent thereafter.

  Prepare the journal entry to recognize the impairment

Cairo corporation has municipal bonds classified as available for sale at December 31, 2012. These bonds have a par value of $800,000, an amortized cost of $800,000, and a fair value of $740,000.

  Expected contribution margin ratio and break even sales

Prepare an estimated income statement for 2008. What is the expected contribution margin ratio? Determine the break-even sales in units. Construct a cost-volume-profit chart indicating the break-even sales.

  Inception of lease

On January 1, 2013, Winn Heat Transfer leased office space under the 3 year operating lease agreement. The arrangement specified 3 annual rent payments of $80,000 each, starting January 1, 2013, the inception of lease

  What is the amount of depreciation expense

Pisa, Inc. uses the straight-line method to depreciate similar assets. What is the amount of depreciation expense recorded by Pisa, Inc. in the first year of the asset's life?

  Calculate ending inventory and cost of goods

Calculate ending inventory and cost of goods sold for January using average cost. (Round your intermediate calculations to 3 decimal places. Round your average cost values to the nearest dollar amount.

  Prepare journal entries to record the sale, cash collections

Prepare journal entries to record the sale, cash collections, and recognition of gross profit (if appropriate) in 2010, 2011, and 2012.

  Amount of withdrawal after tax considerations

What amount of the withdrawal, after tax considerations, will Brooklyn have available to purchase the car?

  Historic cost and alternative measurement base

Historic cost should be replaced by an alternative measurement base in order to make financial statement more useful. Critically discuss this statement, concluding with whether or not you agree with it.

  How many partners can a partnership have

why are the assets contributed by each partner recorded at their fair market values?

  Corporations total variable cost

At an activity level of 2400 units, kloster corporation's total variable cost is $118,008 and its total fixed cost is $9000.

  Internal rate of return on the investment

The machine would reduce labor and other operating costs by $76,000 per year. The internal rate of return on the investment in the new machine 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