Google generates much of its revenue by providing online advertising. It is said that: “Activity -based...
Google generates much of its revenue by providing online advertising. It is said that: “Activity -based -costing is only useful for manufacturing companies? Is this a true statement?
Homework Answers
It is not a true statement.
ABC system is suitable to service industry also.
In the case of google, much of its revenue comes from online advertising, which is customer specific. Each customer has different requirement as to creation of the advertising programme, maintaining and displaying it. As these consume resources differently, activity based costing would be appropriate and essential.
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Google generates much of its revenue by providing online
advertising. It is said that: “Activity -based...
Assess this statement: "Activity-based costing is only useful for manufacturing companies". Do you agree or disagree,...
Assess this statement: "Activity-based costing is only useful for manufacturing companies". Do you agree or disagree, why? Please answer in more than 350 words and only in word format. Please dont copy paste from websites.
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1. An important difference between activity-based costing and traditional costing is that under activity-based costing, _____....
1. An important difference between activity-based costing and traditional costing is that under activity-based costing, _____. a.activities are not considered in determining product cost b.a plantwide overhead rate is used c.multiple overhead rates are calculated d.unit costs are less accurate 2. Activity-based customer costing: a.has a single driver for all customers. b.is not useful for companies with a JIT (just-in-time) structure. c.is not useful for companies with only one product. d.has customers as cost objects. 3. Which of the following...
1. An important difference between activity-based costing and traditional costing is that under activity-based costing, _____....
1. An important difference between activity-based costing and traditional costing is that under activity-based costing, _____. a.activities are not considered in determining product cost b.a plantwide overhead rate is used c.multiple overhead rates are calculated d.unit costs are less accurate 2. Activity-based customer costing: a.has a single driver for all customers. b.is not useful for companies with a JIT (just-in-time) structure. c.is not useful for companies with only one product. d.has customers as cost objects. 3. Which of the following...
An activity measure in activity-based costing expresses how much of an activity is carried out and...
An activity measure in activity-based costing expresses how much of an activity is carried out and it is used as the allocation base for assigning overhead costs to products and services. True or False
Which of the following would be less likely to be used to allocate factory overhead when...
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Apple Inc. must assign overhead costs to its products. Activity Based Costing is generally considered more...
Apple Inc. must assign overhead costs to its products. Activity Based Costing is generally considered more accurate than other methods of assigning overhead. If this is so, why don't all manufacturing companies use it?
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Activity-based job-costing system. Henriksen AS manufactures and sells packaging machines. It recently used an activity-based approach to refine the job-costing system at its Vejle plant. The resulting job-costing system has one direct-cost category (direct materials) and four indirect manufacturing cost pools. These four indirect- cost pools and their allocation bases were chosen by a team of product designers, manufacturing personnel and marketing personnel: Cost-allocation base Indirect manufacturing cost pool Budgeted cost- allocation rate 1. Materials handling 2. Machining 3. Assembly...
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