Process accounting's solution for nonuniform manufacturing inputs is:
A) calculate equivalent units for each category of manufacturing input.
B) calculate total unit cost as if there were uniform manufacturing inputs.
C) to use the weighted average method.
D) to use FIFO method or the weighted average method.
A
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Marketers often use generational marketing because members of a generation tend to share the same ________
A) lifestyle B) income and social class C) outlook and priorities D) psychographics and usage patterns E) geodemographics
Which of the following is not true regarding the accounting for defined contribution plans?
a. When pension assets equal pension liabilities and the expected rate of return on pension investments equals the discount rate used to compute the projected benefit obligation, the amounts offset each other. b. When the interest cost exceeds the expected return on pension investments, either employer contributions or future earnings on pension plan investments must make up the difference. c. Computing pension expense (or credit) using the expected return (not the actual return) rests on the view that pension plans should take a long-term perspective and generate earnings from investments based on a long-term expected rate of return. d. Annual deviations from the long-term expected rate of return should flow through to net income as they occur. e. Recognizing service cost as an increase in the pension expense parallels inclusion of wage and salary costs as an expense.
Activity-based costing
A. involves using benchmarking techniques to develop cost estimates for the value chain activities of each major rival. B. is a powerful tool for identifying the different pieces of a company's value chain and classifying them as primary activities and support activities. C. is a tool for identifying the activities that cause a company's product to be strongly differentiated from the products of rivals. D. involves determining which value chain activities represent variable costs and which represent fixed costs. E. is an accounting system that assigns a company's expenses to whichever activity in a company's value chain is responsible for creating the cost.
A corporation decides to cut its dividend from $2 per share to $1.50 per share
Give two rationales/theories to explain why this action may cause the stock price to decrease and two rationales/theories to explain why this action may cause the stock price to increase.