Question
XYI produces biscuits and uses process costing systems. SYI wants to knowwhich of the following is the purpose of the equivalent-unit computation Select one: a.to
XYI produces biscuits and uses process costing systems. SYI wants to knowwhich of the following is the purpose of the equivalent-unit computation
Select one:
a.to convert partially completed units into the amount of completed output units that could be made with that quantity of input.
b.Some other purpose not listed here.
c.to convert completed units into the amount of partially completed output units that could be made with that quantity of input.
d.to assist the business in determining ending inventory.
ABD company is considering to adopt activity based costing. They are considering which of the following statements is false?
Which of the following statements regarding activity-based costing is false?
Select one:
a.ABC evolved as a response to problems with conventional costing systems.
b.ABC can be used to measure the performance of activities
c.ABC is not an appropriate tool for analysing non-manufacturing costs.
d.ABC can be used to measure the cost of cost objects
e.ABC can be used to analyse the profitability of customers.
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