Direct costs Study guides, Class notes & Summaries

The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ correct answer: Total Cost Management ______ is the application of scientific principles and techniques to problems of : - estimation - cost control - business planning & management science - profitability analysis - project management - planning & scheduling correct answer: Cost Engineering _______ Is the value...

TEST BANK for Horngren’s Cost Accounting: A Managerial Emphasis,_HERE IS A LIST OF THE CHAPTERS Cost Accounting A Managerial Emphasis, 16e, Global Edition (Horngren Complete Chapter 1 The Ma nager and Management Accounting 1.1 Management Page : 47 Chapter 2 An Introduction to Cost Terms and Purposes 2.1 Page : 113 Chapter 3 Cost-Volume-Profit Analysis Page : 184 Chapter 4 Job Costing 4.1 Objective 4.1 1 A cost is considered Page : 261 Chapter 5 Activity-Based Costing and Activity-Based Managem...

MHA 706 FINAL EXAM QUESTIONS & ANSWERS 2023/2024 Direct Costs - ANSWER-Costs unique and exclusive to a department. GENERATE REVENUE Ex- costs associated with providing the clinical testing such as staff and supplies. Indirect costs (overheads) - ANSWER-Costs associated with shared resources used by the entire organization Ex-costs associated with central services such as human resources and finance Cost Allocation - ANSWER-Assign all overhead costs to the departments that create...

WGU C207 OA DATA DRIVEN DECISION MAKING FINAL EXAM 2024/70 EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS WITH RATIONALES/ALREADY GRADED A+ 1. Analytics is a broad term that refers to a variety of tools that inform managerial decisions. Which term can be used to describe managerial decisions? Prescriptive Descriptive Pareto chart Biased Prescriptive analytics: can make use of current and future projected data to make suggestions and help direct your decisions. Optimization: a prescr...

MHA 706 FINAL EXAM 2023/2024 Direct Costs - ANSWER-Costs unique and exclusive to a department. GENERATE REVENUE Ex- costs associated with providing the clinical testing such as staff and supplies. Indirect costs (overheads) - ANSWER-Costs associated with shared resources used by the entire organization Ex-costs associated with central services such as human resources and finance Cost Allocation - ANSWER-Assign all overhead costs to the departments that create the need for such c...

MAC3701 Assignment 2 Semester 2 2023 - DUE 11 September 2023 @ 10 pm CAT 100% TRUSTED workings, explanations and solutions. For assistance call or Whatsapp us on +25477 954 0132 . QUESTION 1 100 Marks Monate (Pty) Ltd (“Monate”) operates a sugar mill and refinery in Vanderbijlpark, Gauteng. The company is owned by the Ntsane siblings. The company uses the direct costing method for inventory valuation and values all its inventories using the first-in-first-out (FIFO) method. The compa...

LDR - 302S Organizational Culture SNCOA Test 2 Tested Questions And Revised Correct Answers Changing organizational systems and procedures BEST describes which of the following embedding mechanisms, which serve as the conscious and subconscious ways of forming organization culture? Transform the culture In an article by Chaplain Kenneth R. Williams, he used a formulaic model to calculate the approximate monetary costs of toxic behavior in an organization. The formula calculated...

Well-structured MAC3701 Assignment 1 (ANSWERS) 2023 - DISTINCTION GUARANTEED . (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... Question 1 Complete Marked out of 1.00 QUIZ Tshintsha (Pty) Ltd is a manufacturer of three types of inverters namely grid-tied, off-grid and hybrid inverters. Tshintsha uses an absorptioncosting system. The following information is available for the fi nancial year ended 29 February 2024: Product Grid-tied Off-grid Hybrid Budgeted number of inverters produc...

MAC3701 Assignment 2 Semester 2 2023 (Answers) QUESTION 1 (100 Marks) EnerFizzCo Drinks Ltd (“EnerFizzCo”), situated in Dersley in the Gauteng Province, is one of the leading energy drink and effervescent tablet manufacturers in the East rand operating in a fiercely competitive market. The company operates two divisions namely the Drink division (DrinkD) and the Tablet division (TabletD). EnerFizzCo’s head office makes all the long-term borrowings decisions and allocates corpor...

Which Feature of managerial accounting improves a company's ability to plan and control operations? a) It requires strict adherence to GAAP. b) It allows comparability across businesses. c) It provides earnings per share. d) It generates detailed information on product cost. - Answer It generates detailed information on product cost. Which statement describes period costs? a) They flow directly to the balance sheet as expenses. b) They pertain to costs necessary to manufacture th...