A cost center is a responsibility center.
Answer the following statement true (T) or false (F)
True
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Forner, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct Z1Product Z8TotalLabor-relatedDLHs$112,1906002,0002,600Machine setupssetups 40,4405007001,200Order sizeMHs 609,7703,0003,2006,200 $762,400 The activity rate for the Order Size activity cost pool under activity-based costing is closest to:
A. $293.23 per MH B. $98.35 per MH C. $56.10 per MH D. $76.24 per MH
Hill Co can further process Product O to produce Product P. Product O is currently selling for $60 per pound and costs $42 per pound to produce. Product P would sell for $82 per pound and would require an additional cost of $13 per pound to produce. The differential cost of producing Product P is $13 per pound
Indicate whether the statement is true or false
Which of the following statements is true?
A) When writing percentages, always use the % symbol. B) When writing percentages, spell out the number and spell out the word percent. C) When writing percentages, write the numeral and then spell out the word percent.
The value chain portrays a mixture of primary and support activities utilized by an organization to design, produce, market, deliver, and support its products.
Answer the following statement true (T) or false (F)