Question
In: Accounting
Pick one item that is sold in the store and think about how it is probably made.
Go and Walkthrough a large retailer (Supermarket, Walmart, Best Buy, Macy’s, Home Depot, etc.)
Pick one item that is sold in the store and think about how it is probably made. Then write a brief explanation if you think the Manufacturer that made it used either a single overhead rate or Activity Based Costing to allocate overhead and why.
Solutions
Expert Solution
Answer :
A DINNING TABLE
The manufacturer used activity based costing to allocate overheads.This is because it is easy to indentify the costs both direct and indirect used to make the table.Hence the manufacturer easily assigned the cost of each activity with resources to the product according to the actual consumption
ekkarill92 answered 2 years agoRelated Solutions
"Winning the Jackpot!" It’s probably one of the most fun ideas to think about - winning...
"Winning the Jackpot!"
It’s probably one of the most fun ideas to think about - winning
the lottery! So, let’s have some fun. Suppose you win the Powerball
when the jackpot is at $300,000,000. You are given the option of a
lump sum payment or an annuity. The lump sum means receiving the
entire cash value at once, but the lump sum will be less than the
$300,000,000. The annuity will be paid out in 30 payments over 29
years,...
The accompanying table gives the number of a popular household item sold by a store over...
The accompanying table gives the number of a popular household
item sold by a store over 30 consecutive days
28
32
46
33
39
40
47
53
56
40
44
21
38
62
57
48
36
22
53
34
24
29
32
38
18
37
46
36
37
45
1. Construct a group frequency distribution of the above data
comprising 6 classes of equal width. Let 15 be the lower limit of
the initial class
2. Use the grouped data...
A company is selling an item that has made the following assumptions: Sold over a 15...
A company is selling an item that has made the following
assumptions:
Sold over a 15 year period
The item’s demand in year one will be 15,000
units.
During years 2-5, the annual growth of demand will be
10%.
During years 6-15, the annual growth of demand will be
5%.
It costs $5, payable at the end of year 1, to build each
unit of annual production capacity.
During year one, the item will sell for $7 per unit and...
Have you ever stopped to think about how are the policies made by the government on...
Have you ever stopped to think about how are the policies made
by the government on the guidelines based on food? ( my plate) I'm
sure most of us would like to think that the government is giving
us these guidelines based on food science and what is best for our
health..........think again.
After Watching Fed Up; write about how you thought this policy
was made, what you learned from it and how it compares to the
movie. DO NOT...
1. Think about a good that is available in your local grocery store. Describe one example...
1. Think about a good that is available in your local grocery
store. Describe one example each of an event that would
a. increase demand for that good;
b. decrease demand;
c. increase supply;
d. decrease supply.
Please be creative and think about factors not just for the
grocery store and consumer, but also for producers and
distributors, other goods, and non-consumers.
2. Please describe your own personal price elasticity of demand
for a normal good that you consume for...
1. Think about a good that is available in your local grocery store. Describe one example...
1. Think about a good that is available in your local grocery
store. Describe one example each of an event that would
1) increase demand for that good;
2) decrease demand;
3) increase supply;
4) decrease supply.
Please be creative and think about factors not just for the
grocery store and consumer, but also for producers and
distributors, other goods, and non-consumers.
2. Please describe your own personal price elasticity of demand
for a normal good that you consume for...
Pick a major strategic decision made by FedEx in recent years, and try to think through...
Pick a major strategic decision made by FedEx in recent years,
and try to think through the ethical implications of that decision.
in the light of your review, do you think that the company acted
correctly?
Think about the money you spend every day. You probably spend the most money at or...
Think about the money you spend every day. You probably spend
the most money at or near the beginning of each month. However,
after all the bills are paid, you have what are often referred to
as discretionary funds. That’s money you can spend any way you
wish. Please tell us on what types of things you spend that
extra-or discretionary-money? How will learning the Quicken
software help you determine whether you have discretionary funds,
and if so, how much...
Write a class named RetailItem that holds data about an item in retail store.
Python 3Your program will have 2 classes:A) RetailItem ClassWrite a class named RetailItem that holds data about an item in
retail store.Attributes: The class should store following
data in attributes:>item_Name> PriceMethods:> RetailItem class’s __init__ method should accept an
argument for each attribute.> RetailItem class should also have accessor and mutator
methods for each attributeB) MainMenu ClassAttributes: The class should store following
data in attributes:> List of RetailItem Objects: InventoryMethods:> createInventory(): method to create three
RetailItem Objects store in list Inventory...
Pick one period of development. Share one example of an observation you made of someone's development...
Pick one period of development.
Share one example of an observation you made of someone's
development (not yourself) during that stage of development.
Is your example physical, cognitive, or psychosocial?
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- ] How much weight do you have to invest in KLM in order to earn the...
- Cpp challenge Description The purpose of this challenge is to use the WHILE loop to control...
- Landen Corporation uses a job-order costing system. At the beginning of the year, the company made...
- Forecasting Illustrate your work to show how the answers were obtained. Round to two decimal places....
- In C++ Prompt user to enter two integers •Determine whether the first number is divisible by...
- Green and Silver Company Trial Balance For the Year Ended May 31, 2019 Debits Credits Cash...
- Identify and summarize the basic methods of job evaluation.
ADVERTISEMENT