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Author Question: A difference in GAAP-based product costing and activity-based costing is that under activity-based costing, (Read 358 times)

jenniferbaugh1984

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on: Feb 5, 2023
A difference in GAAP-based product costing and activity-based costing is that under activity-based costing,
◦ all costs are traceable, whereas in GAAP-based costing some costs are allocated.
◦ selling and administrative costs are allocated to products if they are incurred to provide resources that are consumed by unit-level, batch-level, or product-level activities.
◦ sales less cost of goods sold is classified as gross profit, whereas under GAAP this subtotal is titled contribution margin.
◦ all costs are classified as product and period costs, whereas under GAAP they are classified by behavior.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by jenniferbaugh1984 on Feb 5, 2023

spicyzack

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Reply #1 on: Feb 5, 2023
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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jenniferbaugh1984

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

mcarey591

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

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