Accounting Final

Answer all of the followers questions scruple no.1: (10 marks): State whether all(prenominal) of the pursuance statements argon True or False: |No. | story |True |False | |1 |Activity- found be is a be method that is designed to grant managers with cost training for st laygical | | | | |and other decisions that potentially mint only variant cost. | | | |2 |Unit- level production activities argon performed each clipping a unit is made. | | | |3 |An exertion based costing organization is generally easier to set up and run than a handed-down cost system. | | | |4 |Customer-level activities affect to specific customers and allow activities much(prenominal) as sales calls, catalog mailing, | | | | |and general expert support.

| | | |5 |In activity based costing, all manufacturing be are assigned to products, even manufacturing costs that are not | | | | |caused by products. | | | Question No. 2: (6 marks) Freeman union uses a predetermined smash rate based on identify labor hours to apply manufacturing hit to jobs. At the get of the year, the troupe estimated manufacturing overhead would be $150,000 and train labor hours would be 10,000. The developed figures for the year were $186,000 for manufacturing overhead and 12,000 submit labor hours. need: reason the over or beneath applied overhead for the year. Question No. 3:(8 marks):...If you want to get a beat essay, order it on our website: Orderessay

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