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Author Question: ABC systems ________. A) highlight the different levels of activities B) limit cost drivers to ... (Read 45 times)

geodog55

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on: Jul 5, 2018
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


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raenoj

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Reply #1 on: Jul 5, 2018
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

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Reply 2 on: Jul 5, 2018
Excellent

xoxo123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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