Answers
Decision on which approach to follow whether job order or absorption costing is that simple.
As the name itself tells job order, if the company is completely on jobs that is each job is different and requires different types of inputs then job order costing would be definitely better.
On the other hand absorption costing, if the product line is identical and not different with each other then absorption costing would be better.
This is because if at all, the output is always the same, then going for different cost approach for each product is not at a genuine solution. LOL.
.Similar Solved Questions
1 answer
1) After balancing the following equation, what is the coefficient for oxygen? CpH6(g) + O2(g) →-CO(g)...
1) After balancing the following equation, what is the coefficient for oxygen? CpH6(g) + O2(g) →-CO(g) + __ H2O(g) A) 2 B)5 C)3 D) 4 2) After balancing the following equation, what is the coefficient for LiOH? 2) A) 1 B) 5 C)3 D) 2 E) 4 3) Lithium and nitrogen react to produce lithium nitride: ...
1 answer
A journal bearing 4 inches in diameter and 4 inches long has a radial clearance of...
A journal bearing 4 inches in diameter and 4 inches long has a radial clearance of 0.002 inches. It rotates at 2000 rpm and is lubricated is SAE 10 oil at 200F. In the following, use an applied load of 225 lbs and neglect temperature rise. a. Estimate the power loss and the friction torque using the...
1 answer
QUESTION 35 Problems 35-36 deal with a solenoid with diameter of 5 cm and length 80...
QUESTION 35 Problems 35-36 deal with a solenoid with diameter of 5 cm and length 80 cm long that is wound with 10 turns per centimeter. The solenoid carries a current of 12 A. What is the magnitude of the magnetic field inside the solenoid, near its center? olur 150.8uT 15.08mT 18.75mT QUESTION 36 P...
1 answer
Suppose that the index model for stocks A and B is estimated from excess returns with...
Suppose that the index model for stocks A and B is estimated from excess returns with the following results: RA = 2.5% + 0.60RM + EA RB = -1.5% + 0.7 RM + EB OM = 19%; R-square A = 0.24; R-squares = 0.18 Break down the variance of each stock to the systematic and firm-specific components. (Do not ro...
1 answer
10. $27,000 is invested in an account that pays 6% annual interest compounded quarterly. a. What...
10. $27,000 is invested in an account that pays 6% annual interest compounded quarterly. a. What will be the value of the account after 6 years? b. Find the year when the account will be worth $68,000?...
1 answer
The company plans for finished goods inventory of 220 units at the end of June. In...
The company plans for finished goods inventory of 220 units at the end of June. In addition, each finished unit requires 5 pounds of direct materials and the company wants to end each month with direct materials inventory equal to 20% of next month’s production needs. Beginning direct material...
1 answer
Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria....
Caro Manufacturing has two production departments, Machining and Assembly, and two service departments, Maintenance and Cafeteria. Direct costs for each department and the proportion of service costs used by the various departments for the month of August follow: Proportion of Services Used by Maint...
1 answer
Which of the following statements is FALSE? A. The addition of phosphorus to polluted coastal ecosystems...
Which of the following statements is FALSE? A. The addition of phosphorus to polluted coastal ecosystems often results in reduced growth of phytoplankton. B. Shallow marine waters have higher productivity partly because nutrients are easily transported from benthic habitats to surface wate...
1 answer
On November 15, 20X1 Jones Co. sold a segment of its business for $2,750,000. The net...
On November 15, 20X1 Jones Co. sold a segment of its business for $2,750,000. The net book value of the segment at the time of its disposal was $2,900,000. Jones had pretax income from operations of $1,750,000 for 20X1 which included $360,000 recognized by the discontinued segment prior to its dispo...
1 answer
[1] Determine all potentials V(r0,) for which it is possible to find solutions of the time-independent Schroedinger equation which are also eigenfunctions of the operator L. (Help: The operator e...
[1] Determine all potentials V(r0,) for which it is possible to find solutions of the time-independent Schroedinger equation which are also eigenfunctions of the operator L. (Help: The operator expression of the Hamiltonian for a particle of mass m in threedimensions is given (r))- 2m r ar2 1,2 2mr2...
1 answer
Homework: Chapter 11 Homework Score: 0 of 5 pts 7 of 17 (14 Exercise 3.2 An...
Homework: Chapter 11 Homework Score: 0 of 5 pts 7 of 17 (14 Exercise 3.2 An economy is described by the following equations: Desired consumption: CC = 110 + 0.5(y-7) - 500r. Desired investment: = 120 - 500r. Government purchases: G = 90. Government taxes: T = 120. Real money demand: L = 0.5Y - 1000r...
1 answer
Does delaying oral practice hinder learning a foreign language? Researchers randomly assigned 26 beginning students of...
Does delaying oral practice hinder learning a foreign language? Researchers randomly assigned 26 beginning students of Russian to begin speaking practice immediately and another 26 to delay speaking for 4 weeks. At the end of the semester both groups took a standard test of comprehension of spoken R...
1 answer
Data concerning Kodiak National Corporation's single product appear below: Selling price per unit $ 160.00 Variable...
Data concerning Kodiak National Corporation's single product appear below: Selling price per unit $ 160.00 Variable expense per unit $ 65.60 Fixed expense per month $ 387,040 The unit sales to attain the company's monthly target profit of $17,000 is closest to: (Round your interm...
1 answer
When firms increase dividends, stock prices tend to increase. One reason given for this price reaction...
When firms increase dividends, stock prices tend to increase. One reason given for this price reaction is that dividends operate as a positive signal. What is the increase in dividends signalling to markets? Will markets always believe the signal? Why or why not?...
1 answer
1)Businesses often create a provision for doubtful debts. i) Of which concept (or convention) is this...
1)Businesses often create a provision for doubtful debts. i) Of which concept (or convention) is this an example? Explain your answer. ii) What is the purpose of creating a provision for doubtful debts? iii) How might the amount of a provision for doubtful debts be calculated?...