If a company automates its production processes, would you expect that to increase or decrease prime costs?
Question:
If a company automates its production processes, would you expect that to increase or decrease prime costs? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
Automation is likely to decrease prime ...View the full answer
Answered By
Mary Njunu
I posses Vast, diversified knowledge and excellent grammar as a result of working in ACADEMIC WRITING for more than 5 years. I deliver work in various disciplines with assurance of quality work. I purpose at meeting the clients’ expectations precisely. Let’s work together for the best and phenomenal grades.
4.90+
928+ Reviews
2551+ Question Solved
Related Book For
Managerial Accounting
ISBN: 9781260193275
12th Canadian Edition
Authors: Ray H. Garrison, Alan Webb, Theresa Libby
Question Posted:
Students also viewed these Business questions
-
Would you expect insulin to increase or decrease the activity of the enzyme ATP-citrate lyase?
-
Would you expect that fundamental security analysis makes security markets more efficient? Why?
-
Would you expect that the people who will use the new system should have a role in any analysis leading up to in the selection of and implementation of the new accounting information system should...
-
What does it mean that flame is non-luminous it is yellow it is invisible It has a very bright blue inner cone it is dark
-
Dolphins and bats determine the location of their prey using echolocation (see Conceptual Question 15). If it takes for a bat to receive the ultrasonic sound wave reflected off a mosquito, how far is...
-
Special courts set up to handle small or minor cases, often with a limit on the amount of the claim, are known as: a. circuit courts c. small claims courts b. district courts Write the letter of your...
-
Consider a plain vanilla interest rate swap where party A agrees to make six yearly payments to party \(B\) of a fixed rate of interest on a notional principal of \(\$ 10\) million and in exchange...
-
Dungan Corporation is evaluating a proposal to purchase a new drill press to replace a less efficient machine presently in use. The cost of the new equipment at time 0, including delivery and...
-
As of December 31, 2014, Toyota company: had assets of 13,050,000, liabilities of 4,650,000, share capital of 3,300,000 and retained earnings of 5,100,000. What is the Total equity as of that date?
-
Ms. Gold has been investing in real estate for almost half a century. On January 1, 2018, she owned four rental properties and the relevant facts on these properties are as follows: 112 Bay Street...
-
Which two classes of inventory does a manufacturing company have that a merchandising or service company does not?
-
What are administrative costs? How are they treated on the income statement?
-
Verify that Eq. 25.25 is consistent with Eq. 25.20 by substituting the expression for the electric field of a charged particle. Equations -W12(AB) 91 1 VAB 92 4TED B TA (25.20)
-
What are the four stages in establishing an activity-based costing system?
-
What are the value-creation and value-capture mechanisms that Amazon uses in its business model? How consistent are these with its value proposition?
-
A company operates a standard absorption costing system and absorbs fixed production overheads based on machine hours. The budgeted fixed production overheads for the company for the previous year...
-
Using a supply-and-demand graph and assuming competitive markets, show and explain the effect on equilibrium price and quantity of the following: (a) A technological change that reduces the cost of...
-
A company manufactures golf bags. Golf bags have the following manufacturing costs: Required Prepare a statement of total product cost for a batch of 5,000 golf bags which shows prime cost and...
-
Ulem University uses a mathematical model that optimizes student preferences taking into account the limitation of classroom and faculty resources. To demonstrate the application of the model,...
-
Consider the following cash flows in Table P5.5. (a) Calculate the payback period for each project. (b) Determine whether it is meaningful to calculate a payback period for project D. (c) Assuming...
-
What happens to overhead rates based on direct labor when automated equipment replaces direct labor?
-
Process Costing and Job-Order Costing Which method of determining product costs, job-order costing or process costing, would be more appropriate in each of the following situations? a. An Elmers glue...
-
Cycle Gear Corporation has incurred the following costs on job number W456, an order for 20 special sprockets to be delivered at the end of next month. Direct materials: On April 10, Requisition...
-
SBI Ltd has made an interesting offer on loans for all first - time buyers of a house having the following particulars: Loan amount: Rs 1 , 7 5 0 , 0 0 0 Rate of interest: 4 . 8 % per annum (...
-
Two partners operate a business that shows a profit for the year of $ 6 3 , 0 0 0 . Their partnership agreement calls for them to share the profits in the ratio 5 : 4 . How much of the profit should...
-
A-1 Motorcycle Sales budgets $8,000 in salaries each month. Commissions are 15% of sales, which are budgeted at $200,000 for September and October, and $280,000 for November. Salaries and commissions...
Study smarter with the SolutionInn App