answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: The two stages of allocation process in activity based costing?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

What are the two stages of allocation in activity-based costing?

Identifying the activities and identification of cost drivers


What are the two stages of allocation in activity based costing?

Identifying the activities and identification of cost drivers


What stages of audit process come after the audit plan?

5


What is the scope of management accounting?

Management accounting is the process of measuring and reporting information about economic activity within organizations, for use by managers in planning, performance evaluation, and operational control: Planning: For example, deciding what products to make, and where and when to make them. Determining the materials, labor, and other resources that are needed to achieve desired output. In not-for-profit organizations, deciding which programs to fund. Performance evaluation: Evaluating the profitability of individual products and product lines. Determining the relative contribution of different managers and different parts of the organization. In not-for-profit organizations, evaluating the effectiveness of managers, departments and programs. Operational control: For example, knowing how much work-in-process is on the factory floor, and at what stages of completion, to assist the line manager in identifying bottlenecks and maintaining a smooth flow of production. Also, the management accounting system usually feeds into the financial accounting system. In particular, the product costing system is usually used to help determine inventory balance sheet amounts, and the cost of sales for the income statement.


What are the stages in accounting?

Pagal

Related questions

What are the two stages of allocation in activity-based costing?

Identifying the activities and identification of cost drivers


What are the two stages of allocation in activity based costing?

Identifying the activities and identification of cost drivers


What are the stages of accounting for costs?

direct costs,indirect costs,sunk costs, Activity based costing.


Describe the likely stages involved in the design and operation of an Activity Based Costing system?

Haha... James Kwan's student??? Assignment 1 ?!?!?!?! Haha... James Kwan's student??? Assignment 1 ?!?!?!?!


What is a Software Development Process?

Procedure Growth is the installation and style of an activity under specific specifications (quality, cost) and within certain time-frames through interpreting and explaining a series of actions that need to be conducted to meet the process's goals and to generate the process's preferred result.Development is one of the stages in process lifecycle. The rest of the stages are research, understanding, control and implementation. The growth stage is designed to complete these three tasks:Assess potential ways of fixing an activity issue or needCreate an activity style that identifies how to fix the problem/needCreate an activity style that contains activity moves and their dependenciesThe detailed projects focus on process modification. In other words, creating an activity means creating a specific strategy that describes how to convert process information into process results and what sources to use for this modification. The first process guarantees that the procedure is transformable; the second process examines how exactly to reach needed transformation; and the third process suggests a style of process modification.


What are the key stages in the monitoring process in catering?

describe the key stages in the moitering process


What are a volcano's stages of activity?

quiet and explosive


What are three stages of a safe exercice session?

Define the three stages of a safe activity.


What are the stages of the writing process?

The stages of the writing process are prewriting, writing a draft, revising, editing & Proofreading, and Publishing.


What are 3 stages of the dating process?

Dating process has different stages. If begins with introduction, which is the process of knowing each other by name. After this is outing or courting.


What are the two stages of volcanic activity?

Dormant and Active and exstinct


What are the stages involved in physical distribution process?

Transporting and warehousing are some are some of the stages that are involved in the physical distribution process.