The main categories of income statement for a manufacturer includes the following, except a. Direct Labor b. Indirect manufacturing c. Direct materials d. Indirect labor Cost allocation assigns indirect costs to cost objects. Select one: True False Technology influences manager’s role on cost behavior. Select one: True False ABC system determines the following key components, except: a. Resources b. Key activities c. Cost objectives d. Raw materials Each decision of value chain does not influence organization performance. Select one: True False Companies adopt ABC system for the following benefits, except: a. Decrease cost related to bad decisions b. Identify changes in the employee productivity c. Keep pace with technological changes d. Take cost reduction advantages.
The main categories of income statement for a manufacturer includes the following, except a. Direct Labor b. Indirect manufacturing c. Direct materials d. Indirect labor Cost allocation assigns indirect costs to cost objects. Select one: True False Technology influences manager’s role on cost behavior. Select one: True False ABC system determines the following key components, except: a. Resources b. Key activities c. Cost objectives d. Raw materials Each decision of value chain does not influence organization performance. Select one: True False Companies adopt ABC system for the following benefits, except: a. Decrease cost related to bad decisions b. Identify changes in the employee productivity c. Keep pace with technological changes d. Take cost reduction advantages.
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 10MC: What is the proper order of tasks In an ABC system? identify the cost drivers, assign the costs to...
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Question
The main categories of income statement for a manufacturer includes the following, except
a.
Direct Labor
b.
Indirect manufacturing
c.
Direct materials
d.
Indirect labor
Cost allocation assigns indirect costs to cost objects.
Select one:
True
False
Technology influences manager’s role on cost behavior.
Select one:
True
False
ABC system determines the following key components, except:
a.
Resources
b.
Key activities
c.
Cost objectives
d.
Raw materials
Each decision of value chain does not influence organization performance.
Select one:
True
False
Companies adopt ABC system for the following benefits, except:
a.
Decrease cost related to bad decisions
b.
Identify changes in the employee productivity
c.
Keep pace with technological changes
d.
Take cost reduction advantages.
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