In activity-based costing, how are cost drivers selected?
Cost drivers are selected based on their underlying relationship to organizational costs. Ideally, a causal relationship exists between the cost driver and a cost pool. Once identified, cost drivers are used to allocate organizational costs to activities and products and are the focus of cost control efforts.
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In the Maslow hierarchy of needs, the most basic needs are physiological, followed by safety, social, and personal. What category of needs is at the highest level?
A. self-actualization needs B. religious needs C. intellectual needs D. psychological needs E. emotional needs
What is the standard deviation of the data below? 16, 27, 18, 32, 12
a. 272 b. 16.5 c. 8.2 d. 21
Island, Inc. made a basket purchase involving four assets. Their market values were A: $50,000; B: $46,000 C: $48,000; and D: $56,000. The price Island paid for the four assets was $145,000. To the nearest dollar, what final price will be recorded for asset D? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)
A) $1,000 B) $34,800 C) $56,000 D) $40,600
The grid technique will evaluate all transportation rates equally
Indicate whether the statement is true or false