Which levels of cost hierarchy (under activity-based costing) are not used in simple costing systems and why
Question:
Which levels of cost hierarchy (under activity-based costing) are not used in simple costing systems and why are they important?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
The only levels of cost hierarchy not used in simple costing systems are those that have fixed costs ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 9780135628478
17th Edition
Authors: Srikant M. Datar, Madhav V. Rajan
Question Posted:
Students also viewed these Business questions
-
A 10-year, 4.5 percent, semiannual coupon bond issued by Tyler Rentals has a $1,000 face value. The bond is currently quoted at 100.2 percent of par. What is the clean price of this bond if the next...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
?? Helen's investment of $500 has grown, at a rate of 13% compounded annually, for 45 years. What is the value of her investment today?
-
In the buttered sole line of burin's secondary processing plant of Fishery products international, Newfoundland, the "spreading" operation involved spreading the sole on the conveyor belt.9 The job...
-
Although most of us are familiar with major public universities like Penn State, Colorado-Boulder, Georgia, and Ohio State, we are typically unfamiliar with corporate universities such as Motorola...
-
When communication is not effective, is it always the fault of the receiver? Discuss all options.
-
Restate persuasively each of the following issues. Each issue should be redrafted twicepersuasively from the view of the opposing sides. A. Under the provisions of the exclusionary rule, should...
-
1117. The following units of an inventory item were available for sale during the year: Beginning inventory 10 units at $50 First purchase 25 units at $55 Second purchase 30 units at $60 Third...
-
Forestcrest Woolen Mills is a closely held North Carolina company that has existed since 1920. The company manufactures high- quality woolen cloth for mens and womens outerwear. Your firm has audited...
-
Outline the steps involved in a simple costing system using a single indirect-cost pool.
-
What are the fundamental cost objects in activity-based costing? How does activity-based costing work?
-
A common process produces several joint products. After the common process has been completed each product requires further specific, and directly attributable, expenditure in order to 'finish off'...
-
What are factors which hamper the promotion of an entrepreneurial culture in South Africa?
-
Please Help P/R End Date 2/8/2019 Company Name: Prevosti Farms and Sugarhouse Check Date 2/13/2019 Tax Name M/S # of W/H Hourly Rate or Period # of Regular # of Overtime # of Holiday Wage Hours Hours...
-
Read the description of following adjustments that are required at the end of the accounting period for Hubbard Repair Services, a new firm. Determine the account and amount to be debited and the...
-
Jamie Lee and Ross, now 57 and still very active, have plenty of time on their hands now that the triplets are away at college. They both realized that time has just flown by; over twenty-four years...
-
Here are summary statistics for randomly selected weights of newborn girls: n = 36, x = 3180.6 g, s = 700.5 g. Use a confidence level of 99% to complete parts (a) through (d) below. a. Identify the...
-
If we want to solve the following nonlinear system by eliminating the y 2 terms, by what number should we multiply equation (2)? x 2 + 3y 2 = 4 (1) x 2 - y 2 = 0 (2)
-
Use the graphs of f and g to graph h(x) = (f + g) (x). To print an enlarged copy of the graph, go to MathGraphs.com. 1. 2. y 24 8. 2. -2 -2 4 6
-
What is one potential limitation of full-cost-based transfer prices?
-
Give two reasons why the dual-pricing system of transfer pricing is not widely used?
-
Give two reasons why the dual-pricing system of transfer pricing is not widely used?
-
*please calculate irr in excel
-
Which of the following would not be a period cost? Research and development Direct materials Office supplies Advertising costs
-
\ table [ [ Activity Cost Pool,Activity Measure,Total Cost,Total Activity ] , [ Machining , Machine - hours,$ 3 3 0 , 0 0 0 , 1 5 , 0 0 0 MHs ] , [ Machine setups,Number of setups,$ 3 0 0 , 0 0 0 , 5...
Study smarter with the SolutionInn App