The cost of implementing and maintaining an activity-based costing system ______ the benefits received. Multiple choice question.

Answers

Answer 1

The implementation and maintenance of an activity-based costing system may outweigh costs greater than the benefits obtained (option B)

What is the Activity Based Costing System?

The ABC (Activity Based Costing) is a model that allows the allocation and distribution of the different indirect costs, according to the activities carried out, since these are the ones that actually generate costs.

This system arises from the need to solve the problem that standard costs normally present, when they do not faithfully reflect the added value chain in the production of a specific product or service, and therefore, it is not possible to adequately determine the price.

According to the above definition, it can be inferred that this costing system is not the most efficient because it can result in implementation and maintenance may outweigh costs over profits or benefits.

Note: This question is incomplete because the options are missing. Here are the options:

will always be higher thanmay outweighwill always be less than

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Related Questions

The insured has an auto policy with liability limits of $30,000/$60,000/$10,000. He negligently runs off the road and causes $70,000 damage to an apartment building. How much will the policy pay

Answers

Based on the information given the amount that the policy will pay is $10,000.

What is insurance?

Insurance is a coverage that help to cover expenses or liability incase of unforeseen circumstance so as to save cost.

Based on the information given the amount that the policy will pay for the damages of the amount of $70,000 will be $10,000 which represent the auto policy liability limits.

Inconclusion the amount that the policy will pay is $10,000.

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Suppose that for every pair of Nike shoes sold, Nike donates a percentage of the sales price toward funding high school athletics. Which type of marketing does this exemplify

Answers

Answer:

nike uses the money and donates about 22% of their money to school athletics

Explanation:

nike earns about 1.2 billion dollars a month

Spice sells paprika for $9.00 per bottle. Variable cost is $2.43 per bottle and Spice's annual fixed costs are $825,000. The variable expense ratio for paprika is

Answers

The variable expense ratio for paprika is 27%.

What is variable cost?

Variable cost is the cost that vary with the level of output. It changes in proportion to how much a company produces or sells.

Using the formula below :

Variable expense ratio = Variable cost / Selling price

Where:

Variable cost = $2.43

Selling price= $9

Then,

Variable expense ratio = 2.43 / 9 × 100

Variable expense ratio = 27%

Hence, the variable expense ratio for paprika is 27%.

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In order to hold a hearing, the Superintendent must give how many days notice to the producer being investigated?

Answers

not fewer than 20 days nor more than 30 days.

Woods, Inc. earned revenues of $16,000 and incurred expenses of $5,500. The company declared and paid cash dividends of $2,000. What is the balance in the Income Summary account after closing net income or loss to the Retained Earnings account?
A. credit balance of $8,000.
B. balance of​ $0.
C. credit balance of $11,000.
D. debit balance of $19,000.

Answers

Based on Woods, Inc. revenue and expenses, the balance in the Income Summary Account would be B. balance of​ $0.

What would be the balance in the Income Summary Account?

There would be a credit of $16,000 from revenue. This would then be reduced by the debit of expenses to:

= 16,000 - 5,500

= $10,500

This $10,500 would then be credited to the Retained earnings account which would leave nothing in the Income summary account.

In conclusion, option B is correct.

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In an economy where net exports are zero, if saving rises in some period, then in that period:.

Answers

consumption falls and investment rises

Publishers and printing companies are both involved with books, magazines, and newspapers. One type of company is
considered part of the manufacturing section, because it produces the physical product: books, magazines,
newspapers, and so on. What sector does publishing belong to, since it does not produce a tangible product (until
printing transforms it into one)?
O primary, because it makes original content
secondary, because it transforms ideas into physical objects
tertiary, because it provides a service
quaternary, because it involves research

Answers

Answer:

quaternary, because it involves research

Explanation:

Which theory of foreign direct investment attempts to combine (1) the theories that focus on favoring direct investment when exporting and licensing are available and (2) theories that say certain locations are favored over others for FDI

Answers

The theory of foreign direct investment (FDI) which attempts to combine foreign direct investment for exports and licenses and favors certain locations is the theory of  Internalization.

What is the theory of Internalization?

The idea of internalization believes in the vertical and horizontal integration of firms.

The theory of internalization states that unless firms have firm-specific advantages and FDI provides benefits of exploiting firm-specific advantages, which outweigh the relative costs of the operations abroad, multinational firms would not invest their capital abroad.

Thus, the theory of foreign direct investment (FDI) which attempts to combine foreign direct investment for exports and licenses and favors certain locations is the theory of  Internalization.

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A company sells 500 sleds per month for $80. Variable costs are $41 per unit and fixed expenses are $3,500 per month. The company thinks that using a new material would increase sales by 70 units per month. If the new material increases variable costs by $4 per unit, the impact on contribution margin would be a ______.

Answers

The impact on contribution margin would be a decrease.

What is a contribution margin?

A contribution margin is the price of an item less the variable cost of the item. Variable cost is the cost that varies with the cost of production .

Contribution margin = selling price - variable cost

Initial contribution margin = $80 - $41 = $39

New contribution margin = $80 - ($41 + $4) = $35

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Given planning budget revenue of $284,000, actual revenue of $275,000, and flexible budget revenue of $290,000, there is a(n) activity variance.

Answers

Based on the given planning budget revenue and the actual revenue, there is a Favorable activity variance.

Why is the activity variance favorable?

When the Flexible budget revenue is higher than the planning budget revenue, it means that there is a favorable activity variance.

In this scenario, the flexible budget is $290,000 which is more than the planning budget revenue of $284,000 so the activity variance must be favorable .

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A buyer signs an offer and you submit it to the seller. What should the outcome be if the seller signs it and puts it in his desk drawer

Answers

The fact that the buyer signs an offer and you submit it to the seller illustrates that the contract is non binding.

What is a contract?

A contract simply means an agreement between different parties that has been duly signed.

In this case, fact that the buyer signs an offer and you submit it to the seller illustrates that the contract is non binding.m because he wasn't informed of the sellers acceptance.

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Some companies choose not to employ salespeople, instead contracting with salespeople who sell the company's products. What are these salespeople called

Answers

They are called manufacturers representatives

Remy is applying for a job where the employer asks that a cover letter and résumé be submitted. Remy should: a. Attach letters of recommendation also b. Send the cover letter first, and the résumé later c. Submit only the cover letter and résumé d. Send the cover letter as an attachment.

Answers

Remy is applying for a job where the employer asks that a cover letter and résumé be submitted, then Remy has to send the cover letter as an attachment.

How the cover letter is submitted with the resume?

A resume is a document that is applied in the field of introduction. It shows all the detailed information about the particular person that wants to apply for a job.

If a person includes a cover letter with a resume, then it shows off their communication and writing talents.

In the above case, when Remy is applying for a job and the employer asks that a cover letter and résumé be submitted, then he attached the cover letter with the resume.

A cover letter is a paper document that is sent concurrently with the CV (curriculum vitae), and the intention of this letter is to create a matter of why a person should be employed.

It distinguishes a particular person from other candidates, by allowing him to express how curious you are in the position.

Therefore, option D is correct.

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A _____ consists of assessing an employee's performance and providing him or her with appropriate feedback.

Answers

performance appraisal consists of assessing an employee's performance and providing him or her with appropriate feedback.

What is performance appraisal?

Performance appraisal is done to check the performance of a particular employee.

It is done from time to time through the review of workdone and contribution of such individual to the organizations.

Therefore, performance appraisal is consists of assessing an employee's performance and providing him or her with appropriate feedback.

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Performance appraisal is assessing employee's performance and giving them feedback.

What is Performance appraisal?

Performance appraisal refer to regular or constant review carried out by employers in an organization to access an employee's job performance and contribution to a company. Companies use performance appraisals to identify and know which employees have contributed the most to the company's growth, review progress, and then they reward the best performance.

Therefore, Performance appraisal is assessing employee's performance and giving them feedback.

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Consider a coupon bond with $1000 face value, 10% coupon rate, 5 years of maturity selling for $700. The yield to maturity is

Answers

Answer:

The approximate yield to maturity is 9.43%.

Explanation:

What is a balance transfer fee?
A. A fee you pay when your monthly payment is late
B. A fee for charging more than your credit limit
C. A fee you pay when you use your credit card to get cash from an
ATM
O D. A fee charged when you transfer the balance from one card to
another

Answers

Answer:

A balance transfer fee is a charge imposed by a lender to transfer existing debt over from another institution.

Explanation:

___ comes from the insight that bundles of resources, capabilities, and competencies differ across firms. Multiple choice question. Resource heterogeneity Resource homogeneity Unique differentiation Competitive parity

Answers

Answer:

Resource heterogeneity

Explanation:

Resource heterogeneity is a fancy way of saying that different firms have different resources. Their resources are heterogeneous – i.e., different. In many ways, this is self-evident – when you consider organizations, it is easy to see that different firms have different resources that underpin them.

The period of time before and after an IPO when communication with the public is limited is known as the ______ period.

Answers

The period of time before and after an initial public offering (IPO) when communication with the public is limited is called the quiet period.

What is an IPO?

An IPO is acronym for initial public offering and it can be defined as a process through which a privately owned company (private corporation) list its shares on a stock exchange, in order to make them available for purchase by the general public.

In an initial public offering (IPO), the period of time before and after when communication with the public is limited is called the quiet period.

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Explain any circumstances that would affect your family’s ability to help you pay for college?

Answers

Mortgage
Debt
property tax
income tax
inflation rate
unemployment

The limits on creating native applications are usually ________, not technological. Question 48 options: A) in finding skilled programmers B) based on complexity C) based on requirements D) based on an executive board decision E) budgetary

Answers

The creation of native applications are usually limited by finding of skilled programmer rather than not technological matters.

What is native applications?

A native application refers to a software program that is created for the use of users on a particular platform.

The main problem faced by the platform is getting a skilled programmerto design the platform interface rather than technological limit.

Therefore, the Option A is correct.

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How much does supplemental medicare insurance cost?.

Answers

Answer:

50 dollers

Explanation:

hope this helps

27. Seven-Seas Co. Just paid a dividend of $3 per share out of earnings of $5 per share. If its book value per share is $40. 00 and its market price is $52. 50 per share, calculate the required rate of return on the stock

Answers

Based on the dividend, the the current price and the growth rate, the required rate of return is 11%.

What is the required rate of return?

This can be found by the formula:

= Next dividend / Current market price + Growth rate

Growth rate = EPS / Book value of share x (1 - Payout ratio)

= 5 / 40 x  (1 - 0.60)

= 5%

Next dividend = Current dividend x ( 1 + growth rate)

= 3 x 1.05

=$3.15

Required return is:

= 3.15 / 52.50 + 0.05

= 11%

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A perfectly price-discriminating monopolist is able to.

Answers

Answer:

charge each consumer the maximum amount they are willing to pay

Describe the relationship between two manufacturers in a business ecosystem that are working together to develop a new product for consumers.

Answers

There must be a cordial relationship and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.

What is a Business Ecosystem?

A business ecosystem is a deliberate commercial arrangement involving two or more organizations to develop and share a common value for consumers.

Every business ecosystem contains participants, and at least one of them serves as the controller. There must be a cordial relationship and trust between two manufacturers in a business ecosystem working towards developing a new product for consumers.

The primary advantage of adopting business ecosystems is to be better positioned, promote innovation, and maximize capital efficiency in order to produce customer value.

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ABC Company had beginning inventory of $20,000, purchases of $81,000, and ending inventory of $24,000. Sales revenue was $160,000. What is ABC's gross profit percentage

Answers

Based on the information given  ABC's gross profit percentage is 52%.

Gross profit percentage

Using this formula

Gross profit percentage=Sales revenue-(Beginning inventory+Purchases-Ending inventory)/Sales revenue

Let plug in the formula

Gross profit percentage=160,000-(20,000+81,000-24,000)/160,000

Gross profit percentage=160,000-77,000/160,000

Gross profit percentage=83,000/160,000

Gross profit percentage=0.518×100

Gross profit percentage=52% (Approximately)

Inconclusion ABC's gross profit percentage is 52%.

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What are companies doing to respond effectively to the increasing segmentation of the marketplace?.

Answers

Companies are using more targeted marketing messages as an effective response to increasing market segmentation.

What is market segmentation?

It corresponds to the strategy of dividing potential consumers into subgroups based on similar characteristics.

Therefore, through the use of targeted marketing messages, an organization is able to increase consumer perception, generate value and engagement that contribute to the creation of desire for a brand's products and services.

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If a keynesian expenditure-output model shows that aggregate demand for both goods and labor has shifted to the left to d1, while wages remained at w0 and prices remained at p0, what will be the result?.

Answers

Answer:

If a Keynesian expenditure-output model shows that aggregate demand for both goods and labor has shifted to the left to D1, while wages remained at w0 and prices remained at P0, what will be the result? B) strong economic growth.

When a Keynesian expenditure-output model shows that aggregate demand for both goods and labor has shifted to the left (to d1), while wages remain at w0 and prices remain at p0, the likely result is a situation of disequilibrium in the economy.

The Keynesian expenditure-output model

This could lead to a decrease in output and potentially lower levels of employment, resulting in cyclical unemployment. Businesses may face cost pressures and potentially lower prices to adjust to reduced demand, and there could be an accumulation of unsold inventory.

To address this situation, Keynesian economics suggests implementing expansionary fiscal and monetary policies, such as increased government spending, reduced taxes, or lower interest rates, to stimulate demand and boost the economy. However, the actual impact of these changes will depend on various other factors and complexities in the real-world economy.

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What would be the net present value of a microwave oven that costs $159 and will save you $68 a year in time and food away from home

Answers

Answer:

159 - 68 = 91

Explanation:

The planning function involves defining an organization's goals and establishing an overall strategy for achieving those goals. True False

Answers

Answer:

True

Explanation:

Pokeman Bunch Inc. , manufactures Poke Monster figures, and has the following data from its operation for the year just completed. Actual A Flexible Budget B Master Budget Units 1,500 1,200 Sales (dollars) $ 93,000 C $ 18,000 F Variable cost E $ 60,000 Contribution Margin $ 1,500 u D Fixed cost F $ 5,000 Operating income $ 7,500 The column heading identified as A is:

Answers

If the operating income is $7,500. The column heading identified as A is: $1,500 U.

What is Operating income variance?

Operating income variance can be defined as the actual operating income minus budgeted operating income.

Operating income variance=Actual operating income-Budgeted operating income

When we look at Column A we can see that column A had $1500U (unfavorable) which is the unfavorable variance of contribution margin.

Inconclusion the column heading identified as A is: $1,500 U.

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