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What is the Difference between actual overhead costs and overhead costs applied?
The Actual overhead is calculated throughout the Production cycle for indirect cost associated to the production and the overhead costs applied is based on the fixed rate assigned against the machine or labour hours to be calculated for the difference b/w two are called under or over applied.
What are two possible reasons for the increase in inventory?
Inventory increases when a company buys goods from another company or custumers return a good for a refund.
In a period of rising prices the inventory method which tends to give the highest reported inventory?
Hi - in periods of rising prices, the FIFO (fist in, first out) will give the highest ending inventory. The other two options (LIFO last in first out) will give the lowest ending inventory and the average method will give between the two. Hope this helps!
What two interfaces are used to process Warehouse inventory in GCSS-Army?
AIT
What are the two ways you can account for ending inventory and cost of goods sold?
Following are two ways: 1 - LIFO 2 - FIFO
History of inventory system?
The history of inventory systems depends on the type of inventory system being discussed. There are two main types of inventory systems, the perpetual inventory system and the periodic inventory system.
What are two types of hazards that are associated with volcanoes?
Earthquakes and eruptions.
Why do income statements for internal purposes differ to published income statements?
The difference in operating income between the two methods is the difference in ending inventory values, which is the fixed overhead costs that have been capitalized as an asset ( inventory ) because overhead costs that have been capitalized as an asset.
What two types of costs are assigned to a cost object?
Costs assigned to a cost object are either direct or indirect.
What are the two basic organizational structures associated with logistics?
At the Online Apple Store, it costs $599.00
What is capacity and inventory trade off?
To meet customer demand there are two extreme strategies:1. Have high enough capacity to meet peak customer demands (high equipment costs and high base labor costs) and produce goods as the orders come in (zero inventory costs). A shop selling ice cream cones would favor this strategy since orders are small and fast to make and inventory would be costly to keep.2. Have only enough capacity to meet average customer demand levels (lower capacity costs) and keep enough inventory to meet peak demand needs (maximum inventory costs). A brick factory might follow this strategy because orders are occasional but large and production time is long.In any specific instance, capacity and inventory level strategies may fall somewhere between these two extremes.
What are two types of pollution associated with the mining of mineral resources?
water pollution and Air pollution
do students get tax breaks and are they big tax breaks?
Students are eligible for education tax credits which can help cover some of the costs associated with being a student. There are two types of education tax credits: Hope Credit Extended and Lifetime Learning Credits.
What two types of natural disaster are associated with plate movement?
Earthquakes and volcanoes! Also earthquakes can in turn cause tsunami.
How do you develop a app?
You first must buy the software from Apple.com. There are two types of software, which are very expensive. The standard app-creating software costs $299, while the premium one costs $499.
What two types of errors are associated with the trial balance?
Errors that do not affect the trial balance errors that affect the outcome of the trial balance
What is the difference between Days to sell inventory and Average age of inventory?
There is no different between the two measurement.
