Activity-based costing (ABC) differs from other costing approaches in that it more accurately measures the cost of

Fantastic news! We've Found the answer you've been seeking!

Question:

Activity-based costing (ABC) differs from other costing approaches in that it more accurately measures the cost of activities that are:

a. Not proportional to the volume of outputs produced.

b. Directly proportional to the volume of outputs produced.

c. Output and volumes are not relevant to ABC or other costing approaches.

d. Accuracy is not important to measuring the cost of activities.

Related Book For answer-question

Macroeconomics

ISBN: 978-1319120054

3rd Canadian edition

Authors: Paul Krugman, Robin Wells , Iris Au , Jack Parkinson

Posted Date: Apr 28, 2022 06:03 AM

See More Questions

The U.S. consumer price index (CPI) measures the cost of living based on a value of 100 in the years 19821984. The CPI for the years 19952012 (see figure) is modeled by the function c(t) = 151e...
A number of activities that are a part of a company's quality control system are listed below: a. Product testing. b. Product recalls. c. Rework labor and overhead. d. Quality circles. e. Downtime...
A beam ABC with an overhang from B to C supports a uniform load of 200 lb/ft throughout its length (see figure). The beam is a channel section with dimensions as shown in the figure. The moment of...
Which statements best describe the result of executing this code? (Choose two.) A. The println() causes one line of output. B. The println() causes two lines of output. C. The println() causes three...
What are the basic components of a database management system (DBMS)? Discuss the relationship between the above components of DBMS and the functional model of information systems discussed in...
What would be the key items management will likely seek answers for investing in online learning? Why would management need to focus on those elements?
What audit procedures are useful in verifying the (a) rights and obligations and (b) valuation or allocation of investment balances?
Bond A pays $8,000 in 20 years. Bond B pays $8,000 in 40 years. (To keep things simple, assume these are zero-coupon bonds, which means the $8,000 is the only payment the bond holder receives.) a. If...
1. Write the equation of the unit circle : On the graph of the unit circle shown: 2. Plot all points on the unit circle with x-coordinate x = +; label these points A, B, C, D. (-1,0) (0,1) (0,-1) 3...
Carol Garcia is the bookkeeper for Sheridan Company. Carol has been trying to determine the correct balance sheet for Sheridan Company. Sheridan's balance sheet is shown below. SHERIDAN COMPANY...
Why are my dates not in the correct order? even though I have to format I want and they are ascending with respect to the month part of the date, they are descending wrt the year! how can I fix this?...
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. Larceny is a broad term that includes most forms of theft.
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. The hearings conducted by administrative agencies customarily include trial by jury.
Answer the f ollowing q uestions a nd d iscuss t hem i n c lass. What are some typical misdemeanors common to most jurisdictions?
Statutory legal age. a. abandonment b. age of majority c. contractual c apacity d. competent pa rty e. disaffi rmance f. emancipation g. incompetency h. minor i. necessaries j. ratifi cation
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. There is little similarity between government and the operation of administrative a gencies.
2. Two students are trying to pull a sled forward in a straight line. One pulls 30 degrees to the right of forward with a 100 lb force. The second is pulling 45 degrees left of forward. Determine the...
What key concerns must functional tactics address in marketing? Finance? POM? Personnel?
In many European countries high minimum wages have led to high levels of unemployment and underemployment, and to a two-tier labour system. In the formal labour market, workers have good jobs that...
Show in a diagram the effect on the demand curve, the supply curve, the equilibrium price, and the equilibrium quantity of each of the following events. a. The market for newspapers in your town Case...
In each of the following cases, in the short run, determine whether the events cause a shift of a curve or a movement along a curve. Determine which curve is involved and the direction of the change....
Random samples are taken from two normal populations with $\sigma_{1}=9.6$ and $\sigma_{2}=13.2$ to test the null hypothesis $\mu_{1}-\mu_{2}=41.2$ against the alternative hypothesis...
With reference to part (a) of Exercise 8.33, how would you pair and then randomize for a paired test? Data From Exercise 8.33 8.33 How would you randomize, for a two sample test, in each of the...
How would you randomize, for a two sample test, in each of the following cases? (a) Forty combustion engines are available for a speed test and you want to compare a modified exhaust valve with the...

Activity-based costing (ABC) differs from other costing approaches in that it more accurately measures the cost of

Question:

Expert Answer:

a Not proportional to the volume of outputs produced Activitybased costing ABC assigns overhead and ... View the full answer

Macroeconomics

Students also viewed these accounting questions