This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A difference in GAAP-based product costing and activity-based costing is that under activity-based costing, (Read 352 times)

jenniferbaugh1984

  • Full Member
  • ***
  • Posts: 158
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jenniferbaugh1984 on Feb 5, 2023

spicyzack

  • Full Member
  • ***
  • Posts: 158
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.
Answer Preview
Only 25% of students answer this correctly


jenniferbaugh1984

  • Member
  • Posts: 158
Reply 2 on: Feb 5, 2023
Excellent

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

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

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Classification of life histories based on juvenile survival, fecundity, and age at reproductive matu Classification of life histories based on juvenile survival, fecundity, and age at reproductive matu
Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
Moderate to high physical activity in PE classes is one component of a successful prevention effort ... Moderate to high physical activity in PE classes is one component of a successful prevention effort ...
Antiparkinson Drugs Focus on Restoring Dopamine Function and Blocking Cholinergic Activity in the ... Antiparkinson Drugs Focus on Restoring Dopamine Function and Blocking Cholinergic Activity in the ...
Perception Activity Perception Activity
Genome-wide SNP-based heritability for individual behavioral disorders Genome-wide SNP-based heritability for individual behavioral disorders
Video: Hershey Chase Experiments

For a complete list of videos, visit our video library