This topic contains a solution. Click here to go to the answer

Author Question: ABC systems ________. A) highlight the different levels of activities B) limit cost drivers to ... (Read 56 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
ABC systems ________.
 
  A) highlight the different levels of activities
  B) limit cost drivers to units of output
  C) allocate costs based on the overall level of activity
  D) generally undercost complex products

Question 2

Calculate the following: (a) Determine the cash receipts for April based on the following data: Cash payments during April 63,000 Cash account balance, April 1 25,500 Cash account balance, April 30 31,750 (b) Determine the cash received from customers on account during April based onthe following data: Accounts receivable account balance, April 1 22,500 Accounts receivable account balance, April 30 15,250 Fees billed to customers during April 45,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

raenoj

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

Answer: A

Answer to Question 2

(a) 69,250 (31,750 + 63,000  25,500)
(b) 52,250 (22,500 + 45,000  15,250)




geodog55

  • Member
  • Posts: 530
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review


adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

For a complete list of videos, visit our video library