Lernkarten

Julia Rawyler
Karten 29 Karten
Lernende 1 Lernende
Sprache English
Stufe Universität
Erstellt / Aktualisiert 28.05.2021 / 27.06.2021
Lizenzierung Keine Angabe
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0 Exakte Antworten 12 Text Antworten 17 Multiple Choice Antworten
Fenster schliessen

Even in today’s automated environment, direct labor is sometimes the appropriate basis for assigning overhead cost to products.


Chapter 4
True

False

Fenster schliessen

In the first stage of activity-based costing, overhead is assigned to products using cost drivers.


Chapter 4
True

False

Fenster schliessen

The first step in activity-based costing is to identify and classify the major activities involved in the manufacture of specific products, and allocate manufacturing overhead to the appropriate cost pools.


Chapter 4
True

False

Fenster schliessen

Before costs are allocated to the cost pools, the cost drivers for each cost pool must be identified.


Chapter 4
True

False

Fenster schliessen

Under ABC, overhead costs are shifted from the high-volume product to the low-volume product.


Chapter 4
True

False

Fenster schliessen

Activity-based costing does not change the amount of overhead costs, but it does allocate those costs in a more accurate manner.


Chapter 4
True

False

Fenster schliessen

Overhead costs are not allocated by means of arbitrary volume-based cost drivers under ABC.


Chapter 4
True

False

Fenster schliessen

Value-added activities increase the worth of a product or service to customers and involve resource usage that customers are willing to pay for.


Chapter 4
True

False