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Author Question: Under backflush costing approach where three trigger points are used (stage A, stage C, and stage ... (Read 94 times)

kodithompson

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on: Mar 6, 2021

Question 1

Traditional normal and standard costing systems usually use 4 trigger points to record the flow of costs through the production system. Such costing is called ________.
◦ backflush costing
◦ delayed costing
◦ variable tracking
◦ sequential tracking

Question 2

Under backflush costing approach where three trigger points are used (stage A, stage C, and stage D), the purchase of materials is:
◦ credited to the Materials and In-Process Inventory Control account
◦ debited to the Materials and In-Process Inventory Control account
◦ debited to the Materials Inventory Control account
◦ ignored because the manufacturing process moves so quickly from acquisition of materials to the sale of the finished good
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by kodithompson on Mar 6, 2021

lcapri7

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Reply #1 on: Mar 6, 2021
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.
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kodithompson

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

mohan

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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