0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are the costs incurred in the day to day operations of an organization called?
There are costs incurred in the dad to day operations of all businesses and organizations. These costs are known as operation expenses and operating costs.
What is the purpose of applying overhead costs to work in process?
To accurately apply costs to WIP so that the cost of the finished product reflects all the costs incurred to produce it
What companies use Activity-based costing?
This approach aims at deleting all the activities that do not add value and support all the activities that add value. Accordingly, the organization avoids all costs that are paid for no reason,
Why do companies allocate cost?
Companies allocate costs so that all elements that are part of that cost share the incurred costs. It is like spreading the costs amongst those that use it. Companies allocate costs merely to assign responsibility of those costs to either several departments within that company or to just one department. For example, think of a multi-divisional business that has to provide a security service to protect its building, all divisions in that business will share the costs of the security service.
How will you calculate cost of fixed assets?
Cost of fixed assets includes the cost of asset as well as all costs which are incurred to bring asset to working condition like carriage and installation cost as well.
What are the costs incurred in the day to day operations of an organization called?
There are costs incurred in the dad to day operations of all businesses and organizations. These costs are known as operation expenses and operating costs.
What is the purpose of applying overhead costs to work in process?
To accurately apply costs to WIP so that the cost of the finished product reflects all the costs incurred to produce it
Which of the following activities fall within the Cost Management business process area?
Establishes cost targets and efficiency goals; Accumulates all direct and indirect costs incurred to accomplish an objective; Calculates and analyzes variances from plan to actual.
What does pay all cost incurred by attorney mean?
It means that you pay all the costs associated with litigation such as filing fees, postage copies, faxes, expert witness fees, deposition costs, etc.
Is credit insurance worth the money that it costs?
While it is not true that credit insurance is a waste of money, it may not cover all costs that are incurred. You can find more information online at en.wikipedia.org/wiki/Credit_insurance
What is pre-operating in business plan?
Pre-operating costs are any expenses incurred during the formation of a new business. All types of business entities may incur pre-operating costs.
Define functional based cost management systems?
Functional-based costing considers total expenses incurred at all levels. Functional-based cost budgets for departments, for example, will include costs incurred by every activity performed in that department. In functional-based costing, accountants assign fixed costs such as manufacturing overhead to output on a per-unit basis.
What is the value and cost of arms trafficking?
Havocscope.com - Provides all information for black market activities and costs.
What companies use Activity-based costing?
This approach aims at deleting all the activities that do not add value and support all the activities that add value. Accordingly, the organization avoids all costs that are paid for no reason,
In a project to boost the sales of a breakfast cereal which are examples of inputs to the monitor and control project work process?
- A prediction of future costs given the current trend of increased advertising costs -Data about all recent costs incurred for advertising -A report on the current status of achievements in sales so far
Why do companies allocate cost?
Companies allocate costs so that all elements that are part of that cost share the incurred costs. It is like spreading the costs amongst those that use it. Companies allocate costs merely to assign responsibility of those costs to either several departments within that company or to just one department. For example, think of a multi-divisional business that has to provide a security service to protect its building, all divisions in that business will share the costs of the security service.
In a project to boost the sales of breakfast cereal which are example of inputs to the monitor and control project work process?
- A prediction of future costs given the current trend of increased advertising costs -Data about all recent costs incurred for advertising -A report on the current status of achievements in sales so far
