The first step in developing an ABC system is A. calculate an activity cost allocation rate for each activity.
B. allocate the costs to the cost object using the activity cost allocation rates.
C. select an allocation base for each activity.
D. identify the primary activities and estimate a total cost pool for each.

Answers

Answer 1
Answer:

Answer:

D

Explanation:

Activity based costing (ABC) is a costing system that uses production activities as basis for cost allocation.All the activities related to production are identified and the cost of each activity are assigned to manufactured goods in the proportion of respective activities consumed.

It entails tracing cost to activities and activities to product.

The first step in developing this model is identifying primary activities and estimate a total cost pool for each.


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RE: Subaru While Japanese Yen sharply appreciated against US$, Subaru continued to manufacture most of their cars in Japan, then exported from that point. This turned out to be great for Subaru because:

Answers

Answer:

Yen depreciated its value against US$

Explanation:

The reason was that the Japanese government has a free trade agreement with the United States and what happened was that the Yen appreciated against Dollars by which the Japanese companies might had suffered as the american products would have been imported more to the country because now they are cheaper than the Japanese cars, as a result the industry in the Japan would had suffered. So the government of japan set 115 Yen as apposed to 85 Yen against each dollars which resulted in increase in the demand of the manufacturing of the cars. Now the Japanese products were greater in demand because of they cost less. And at the year end 2015, the Sabaru reported $2 billion profit despite the fact that 80% of its production was in Japan. The american auto suffered loss of market by $2 Billion.

Lashondra is the owner/operator of an interior design firm. Last year she earned $400,000 in total revenue. Her explicit costs were $200,000 (assume that this amount represents the total opportunity cost of these resources). During the course of the year she received offers to work for other design firms. One offer would have paid her $120,000 per year and the other would have paid her $130,000 per year. Lashondra’s economic profit is equal to:____________.a. $50,000
b. $70,000
c. $200,000
d. $0.

Answers

Answer:

b. $70,000

Explanation:

Economic profit is the difference between the total revenue received by a business and the total implicit and explicit costs of a firm.

Economic profit = Total revenue - (Implicit costs + Explicit costs)

Economic profit = $400,000 - $200,000 - $130,000 = $70000

Therefore Lashondra's economic profit is equal to $70000.

Answer:

b. $70,000

Explanation:

Let's assume she took the offer of $130000

Her explicit costs were $200,000

Profit = cost - revenue

Profit = 200000 - 130000

Profit = $70,000

Which of the following is true about office friendships?

Answers

Workplace cliques can cause horizontal disharmony.

Which items are on both the balance sheet and the statement of owners equity?A.) net loss
B.) capital
C.) additional owners investments
D.) owners withdrawals

Answers

The answer is B. Capital 
The answer to your question is B. Capital

Anything that serves as a medium of exchange is called what? 2. What is anything that is used to determine value during the exchange of goods and services called? 3. What is the direct exchange of one good for another called? 4. When money serves as a means of comparing the value of goods and services, it is serving as what? 5. When money keeps its value when you decide to hold on to it, what is that called? 6. List the three uses of money. 7. What are the coins and paper bills used as money called? 8. What does it mean when it is said that money is durable? 9. What does it mean when it is said that money has portability? 10. What does it mean when it is said that money has divisibility? 11. What does it mean when it says money has uniformity? 12. What does it mean when it says money has limited supply? 13. What does it mean when it says money has acceptability? 14. What is commodity money? 15. What is representative money? 16. What is fiat money? 17. What were Continentals? 18. What is fiat money also called? 19. What does "not worth a Continental" men? 20. List three types of commodity money?

Answers

Answer:

money

money

price

unit of account

store of value

medium of exchange, unit of account, store of value

currency

it does not consume after a single-use it last through time

portability: it can be carry over at small cost it do not has to be carry in greater bulks

divisibility: it can be split into pieces (half a pound, quarter etc)

uniformity: means a pound of gold has not diffenciation of other pounds of gold

limited supply: it cannot be abundant as people would not accept as a medium of exchange as it can be obtained easily

acceptability: people trade real good and services for money as they recognize value on them

commodity money will be salt, gold, silver, tabacco whihc, historically has been used as money

representative money: the money represent or it is backed-up with a commodity or precious metal (US dollar before 1972)

fiat money will be papper money as it doesn't have an intrinsic value It comes from trust in the government that issues the money.

continentals is the papper money issued by the congress during the war for independence

Types of commodity money:  gold, silver, tabacco, salt

Explanation:

Microsoft's stock price peaked at 6118% of its IPO price more than 13 years after the IPO† Suppose that $10,000 invested in Microsoft at its IPO price had been worth $600,000 (6000% of the IPO price) after exactly 13 years. What interest rate, compounded annually, does this represent? (Round your answer to two decimal places.)

Answers

Answer:

37.02%

Explanation:

we need to calculate r in the following equation: FV = PV (1 + r)ⁿ

  • FV = $600,000
  • PV = $10,000
  • n = 13

$600,000 = $10,000 (1  + r)¹³

$600,000 / $10,000 = (1  + r)¹³

60 = (1  + r)¹³

¹³√60 = 1 + r

1.3702 = 1 + r

r = 1.3702 - 1 = 0.3702 or 37.02%

*to determine ¹³√60 in a non-scientific calculator, find 60∧(1/13). Determine 1/13 first, add to the calculator's memory, then 60∧MR (memory recovery)

Final answer:

The annual compounded interest rate that represents a growth from $10,000 to $600,000 over 13 years is approximately 37.49% when rounded to two decimal places.

Explanation:

To find the annual compounded interest rate, we can use the formula for compound interest, which is A = P(1 + r)n, where A is the amount of money accumulated after n years, including interest, P is the principal amount, r is the annual interest rate (as a decimal), and n is the number of years the money is invested. In this case, the final amount A is $600,000, the principal amount P is $10,000, and the number of years n is 13.

The equation can be rearranged to solve for r:

600,000 = 10,000(1 + r)13

(1 + r)13 = 600,000 / 10,000

(1 + r)13 = 60

Now, we take the 13th root of 60 to find (1 + r), and then subtract 1 to find the rate:

1 + r = 601/13

r = 601/13 - 1

Using a calculator, we find that r ≈ 0.3749 or 37.49% when rounded to two decimal places.

Learn more about annual compounded interest rate here:

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