Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
1 . An ERP or AlS system that supports manufacturing must be able to assign which one of the following costs to the cost of
An ERP or AlS system that supports manufacturing must be able to assign which one of the following costs to the cost of manufactured goods? Period expenses Freightout costs of transporting sold finished goods to customers General administrative expenses not associate with manufacturing All the expenses shown in an income statement after Gross Profit O Freightin costs of transporting purchased goods from the vendor to the manufacturing company Whether you use a companywide predetermined manufacturing overhead allocation rate PMOAR or Activity Based Costing ABC comprising multiple PMOARS, A companywide PMOAR or ABC are optional, since generally accepted accounting principles do not require manufacturing overhead be included in the costs of manufactured items B ERP systems such as SAP can support a companywide PMOAR but not ABC C these systems are useful for budgeting, but generally accepted accounting principles requires that the cost of manufactured products includes only direct materials and direct labor D ERP can support either a companywide PMOAR or ABC, and ERP systems make it easier for an organization to implement an activity based costing approach. E ABC is less complex than a companywide PMOAR. All of the costs below would be classified as manufacturing overhead except Afactory insurance O c manufacturing supervisor's pay D depreciation of factory equipment E production indirect material Fmanufacturing supervisor's pay depreciation of factory equipment O production workers' pay Question ERP systems such as SAP that support manufacturing integrate MRP Il purchasing, production, human resourcespayroll sales, financial information, cost accounting, and product costing. purchasing. production, human resourcespavroll and sales. but not MRP I. MRP II production, human resourcesDavroll and sales, but not purchasing. MRP Il purchasing, human resourcespayroll and sales, but not production. O MRP Il purchasing, production, and sales, but not human resourcespayroll ERP systems such as SAP that support manufacturing integrate MRP Il purchasing, production, human resourcespayroll sales. financial information, cost accounting, and product costing. purchasing. production, human resourcespayroll and sales, but not MRP II O MRP Il production, human resourcespayroll and sales, but not purchasing. O MRP Il purchasing. human resourcespayroll and sales, but not production. O MRP Il purchasing. production, and sales, but not human resourcespayroll
An ERP or AlS system that supports manufacturing must be able to assign which one of the following costs to the cost of manufactured goods?
Period expenses
Freightout costs of transporting sold finished goods to customers
General administrative expenses not associate with manufacturing
All the expenses shown in an income statement after Gross Profit
O Freightin costs of transporting purchased goods from the vendor to the manufacturing company
Whether you use a companywide predetermined manufacturing overhead allocation rate PMOAR or Activity Based Costing ABC comprising multiple PMOARS,
A companywide PMOAR or ABC are optional, since generally accepted accounting principles do not require manufacturing overhead be included in the costs of manufactured items
B ERP systems such as SAP can support a companywide PMOAR but not ABC
C these systems are useful for budgeting, but generally accepted accounting principles requires that the cost of manufactured products includes only direct materials and direct labor
D ERP can support either a companywide PMOAR or ABC, and ERP systems make it easier for an organization to implement an activity based costing approach.
E ABC is less complex than a companywide PMOAR.
All of the costs below would be classified as manufacturing overhead except
Afactory insurance
O c manufacturing supervisor's pay
D depreciation of factory equipment
E production indirect material
Fmanufacturing supervisor's pay
depreciation of factory equipment
O production workers' pay
Question
ERP systems such as SAP that support manufacturing integrate
MRP Il purchasing, production, human resourcespayroll sales, financial information, cost accounting, and product costing.
purchasing. production, human resourcespavroll and sales. but not MRP I.
MRP II production, human resourcesDavroll and sales, but not purchasing.
MRP Il purchasing, human resourcespayroll and sales, but not production.
O MRP Il purchasing, production, and sales, but not human resourcespayroll
ERP systems such as SAP that support manufacturing integrate
MRP Il purchasing, production, human resourcespayroll sales.
financial information, cost accounting, and product costing.
purchasing. production, human resourcespayroll and sales, but not MRP II
O MRP Il production, human resourcespayroll and sales, but not purchasing.
O MRP Il purchasing. human resourcespayroll and sales, but not production.
O MRP Il purchasing. production, and sales, but not human resourcespayroll
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started