An important focus in product life cycle costing is
a. the activity base.
b. the target cost.
c. the cost driver.
d. variable costs.
B
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Indicate whether the statement is true or false
Which of the following statements is not true relating to a capitalized (capital) lease?
a. A capital lease is handled as if the lessee bought the asset. b. The leased asset is in the fixed assets and the related obligation is included in liabilities. c. On the balance sheet, the capitalized asset amount will not usually agree with the capitalized liability amount because the liability is reduced by payments, and the asset is reduced by depreciation taken. d. Usually, a company depreciates capitalized leases faster than payments are made. e. On the balance sheet, the capitalized asset amount will usually be higher than the capitalized liability amount.
The process of setting loading limits on the amount of load assigned to each work center per period is called ______.
A. lot splitting B. finite loading C. infinite loading D. batch manufacture
Describe analogous, parametric and bottom-up estimating, and briefly discuss the advantages and disadvantages of each method