Author Question: Which of the following is true with activity based cost accounting? (Read 54 times)

BRWH · **on:** Mar 6, 2021

Question 1

When "available time" (i.e., setup-hours) is used to calculate a cost of a resource and to allocate costs to cost objects , the system is called:
◦ job costing
◦ process costing
◦ hybrid costing
◦ time-driven activity based costing

Question 2

Which of the following is true with activity based cost accounting?
◦ Activity-based costing ignores the allocation of marketing and distribution costs.
◦ Activity-based costing is more likely to result in major differences from traditional costing systems if the firm manufactures only one product rather than multiple products.
◦ The focus is on activities that account for a sizable fraction of indirect costs .
◦ Chances of product-cost cross-subsidization are higher in activity-based costing compared to traditional costing systems.

ngr69 · **Reply #1 on:** Mar 6, 2021

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 39% of students answer this correctly