Question: Link1:https://www.youtube.com/watch?v=Rpu5mH5me1Y Link2:https://www.youtube.com/watch?v=mf6azPPIZ1Q PART1: Please watch the video and answer the following questions: https://www.youtube.com/watch?v=Rpu5mH5me1Y 1) Explain the type of costing system that is suitable for the

PART1: Please watch the video and answer the following questions: https://www.youtube.com/watch?v=Rpu5mH5me1Y 1)

Link1:https://www.youtube.com/watch?v=Rpu5mH5me1Y Link2:https://www.youtube.com/watch?v=mf6azPPIZ1Q

PART1: Please watch the video and answer the following questions: https://www.youtube.com/watch?v=Rpu5mH5me1Y 1) Explain the type of costing system that is suitable for the manufacturing of candles. (5 marks) 2) If the candles are homemade, and are created in different designs and colours depending on customers' requirements, will you answer will be the same as No (1)? Explain. (5 marks) PART 2: Please watch the video and answer the following questions: https://www.youtube.com/watch?v=mf6azPPIZ1Q 1) Explain the type of costing system that is suitable for the making & decorating of cakes as in the video. (5 marks) 2) Consider the following situation: a. A manufacturer produces cakes in mass quantity b. There are several flavours of cakes c. The design of cakes are the same for all types of flavours d. Packed and sold in supermarkets and hypermarkets will you answer will be the same as No (1)? Explain. (5 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Lets go through the questions and provide answers based on the video links and information provided PART 1 Please watch the video and answer the following questions httpswwwyoutubecomwatchvRpu5mH5me1Y ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Acme Solar Systems wants to discover the characteristics of those who intend to install solar energy systems in their homes. Data set: Ch 13 Exercise 02A.sav Codebook Variable: Install Definition:...

what type of consequential loss protection would protect a company against financial consequence if any of its major customers were to close and unable to purchase the company's products? Marine...

1. Explain the type of costing system that is suitable for the making & decorating of cakes. 2) Consider the following situation: A manufacturer produces cakes in mass quantity There are several...

Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...

\fThis is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does...

Hello could you please answer the following questions and give steps as to how you came to these answers and how to solve them for the correct answer, I'm having difficulty with these review...

ECO550 Week 7 Discussion Board 7 Predicting Price-Setting Strategies...

A Motorola case study Introduction Marketing involves finding out what your customers want and then meeting their requirements. To satisfy its customers, a business must create a successful mix of:...

MIS 430 ASSIGNMENT III THE REALITY OF VIRTUAL REALITY In the past, your best chance of experiencing virtual reality (VR) was to view Hollywood films. Today, this technology has become more...

Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.00% Year 0 1 2 3...

1) Choose a nonlinear process that can be described by the following model, y(") (1) + [a; y(n-) (1)+b, (y(ni))] = u ..(n-i) = u(t) i=1 (1) The system order should be at least 2 (i.e., n 2), the...

Use the definition of a derivative to find f ' ( x ) and f ' ' ( x ) . SEsscalcert f ( x ) = 5 x 2 6 x 2 f ' ( x ) = f ' ' ( x ) = Graph f , f ' ' , and f ' ' on a common screen and check to see if...

A linear harmonic oscillator having a mass of 1.10 kg is set into motion with viscous damping. If the frequency is 10 Hz and if two successive amplitudes a full cycle apart are measured to be 4.65 mm...

1. Research and compare to MLB teams, team results in profitability, and-on-the-field success in the various other professional leagues. 2. What bargaining positions and potential trade-offs would...

Haas, a trusted employee of a firm by the name of Trail Leasing, Inc., used her access to her employers blank checks to defraud Trail Leasing of almost $40,000. She did this by making checks payable...

Based on your answer to Problem 35, predict whether or not water should catalyze the decarboxylation of each of the following compounds. For each case in which your answer is yes, draw the transition...

Logans favorite sports team has an 80% chance of winning their next game. Convert this value into an odds ratio where his team is the non baseline group and the outcome of interest is a victory.

Determine if the overhead allocated to the product relates to a single plantwide overhead rate method, multiple production department factory overhead rate method, or activity-based costing...

The owner of an Axion health club franchise believes that the average age of her members is under 55 years. To test this, a random sample of 30 was selected; the following sample data are the ages of...

=+5.73 The sample correlation coefficient between annual raises and teaching evaluations for a sample of n 5 353 college faculty was found to be r 5 .11 (Determination of Faculty Pay: An Agency...

=+5.72 The article Reduction in Soluble Protein and Chlorophyll Contents in a Few Plants as Indicators of Automobile Exhaust Pollution (International Journal of Environmental Studies [1983]: 239244)...