Select all that apply

Incorrectly or arbitrarily assigning common costs to segments:

holds managers responsible for costs they cannot control.

could reduce the overall profits of the company.

distorts the profitability of segments.

causes company net income to be reported incorrectly.

ensures all common costs will be covered.Description

Explain if cost accumulation is simpler with a process costing wistem or with a job$-$order costing system.

What is the meaning of contribution margin ratio? How is Bis ratio oseful in plowing business operations?

ida Company produces a handorafted munical instrument called a gamelan that is similar to a xplophone. The gametans are sold for $$\frac{9}{0}.$ Selected data for the company's operations lint year follow.

$\backslash$table$[[$Units la lerimaing imuntery,$*],[$units probleced,Re$],[$imils mald, $14],[$Whits lis andive irwentery,$38],[$YarLable serhe ger aniti,$20],[$birest estaelate,$5-145$

linel tha libecled dats low tre compry's apersions las ywe fotow

$\backslash$table$[[$liblt: in in$,,,$e$],[$maly tala,,,Her$],[,,,7$ter$],[,,,$W$],[,,,],[$Whati laty,,,$],[,,,],[,,,48],[,,,n$

lda Company produces a handcrathed munical instrument called a panelan thut is sumber lo a rybophone. The gamelam are sold for $$992.$ Selected data for the coeporiy's operations linst year follower

$\backslash$table$[[$Unitis in kaylanier teventiory,$$

Ida Comparry produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $$990.$ Selected data for the compary's operations last year follow:

$\backslash$table$[[$Units in begiming Leventery,${?}^0$