Activity based costing can be used by the buyer to:a. correct the distortions built into product costing by the way that direct costs are allocated. b. correct the distortions built into product costing by the way that the learning curve is applied to direct labor costs. c. eliminate nonvalue-adding activities, increase activity occurrences, and increase the rate of return. d. eliminate nonvalue-adding activities; reduce activity occurrences, and reduce the cost driver rate. is important to cost accountants, but has little practical use for buyers.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Activity based costing can be used by the buyer to:a. correct the distortions built into product costing by the way that direct costs are ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Consider a taxi station where taxis and customers arrive in accordance with Poisson processes with respective rates of one and two per minute. A taxi will wait no matter how many other taxis are present.
Answers (1)
Which of the following is NOT a good way to recycle used tires
Answers (1)
EB15. LO 6.5Using this information from Outdoor Grills, what is the cost per unit under both variable and absorption costing?
Answers (1)
During July, the cost of goods manufactured at Xxis Corporation was $70,000. The beginning finished goods inventory was $19,000 and the ending finished goods inventory was $15,000. What was the cost of goods sold for the month
Answers (1)
Baldwin Company had the following balances and transactions during 2019: Beginning Merchandise Inventory as of January 1, 2019 125 units at $82 March 10 Sold 80 units June 10 Purchased 250 units at $86 October 30 Sold 205 units What would be
Answers (1)
New Questions in Business
How are chain restaurants started
Answers (2)
When observing your customers for signs of intoxication, you don't need to consider how they look or act upon entering your establishment because you are not responsible for what they did before they arrived.
Answers (1)
Is there anything that you find particularly impressive about southwest airlines?
Answers (1)
All of the following are true of the effect of fair value accounting on the financial statements except a. changes in the fair value of trading securities are recognized on the income statement b.
Answers (1)
Are morality & ethics the same thing?
Answers (1)