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What are the cost drivers which are used in apportioning overheads cost under activity based budgeting?
Cost drivers are activities due to which cost incurred for expample as many time as machines are setup for production as many time machine setup cost will be incurred so matchine setup is cost driver.
Is depreciation of factory buildings classified as a period cost or product cost?
If factory building is used in production of units of product then it will be added to product cost as it is part of product to manufacture.
Cost of goods sold is determined only at the end of the accounting period in?
The inventory system used to determine the cost of goods sold at the end of accounting period is called Periodic Inventory System. This requires physical inventory check.
The entry to adjust for the cost of supplies used during the accounting period is?
debit Supplies Expense; credit Supplies
Are Amounts to be paid in 10 days to suppliers an expense?
Yes. Because it includes the cost of consumable used during a reporting period.
Why are lubricants used on machinery?
Lubricants make the machines movement easier. they reduce the friction made by two moving parts so that they do not wear out quickly
Water on a smooth floor can make us slipthat means water is also a lubricantcan you think of reasons why oil and grease but not water is used in machines as lubricant?
Oil and grease are used as lubricants because they are better lubricants than water.
What are the main lubricants used in forging?
Lubricants used are oil, graphite, water and synthetic lubricants.
Why doesn't any system have 100 percent efficiency?
frictionIn real machines, as opposed to ideal machines, there is always friction that reduces the efficiency of the machine. Lubricants like oil can be used to reduce friction and improve efficiency.
Are synthetic lubricants the only lubricants used in vehicles and machinery?
No
Why oil and grease and not water is used in machines as lubricant?
No, water is not lubricant. for example:- if water is spread on ground then we slip then people thinks that water is lubricant but is not the case so the floor is smooth the water is not lubricant. oil and grease are lubricant and they are used in machines.
Is Lauric acid put in lubricants?
Lauric acid is used to make lubricants
How does air cussions work in machines where lubricants are not advisable?
Air cushions create a thin layer of air that separates moving parts, reducing friction and wear. In machines where lubricants are not advisable, such as in clean room environments or for sensitive components, air cushions can provide a non-contact method of reducing friction while maintaining a clean working environment. The cushion of air prevents direct contact between surfaces, thus eliminating the need for lubricants.
What are used to reduce friction?
Lubricants.
What are the three ways in which ball bearings are lubricated?
Ball bearings are lubricated using grease, oil, or solid lubricants. Grease is most commonly used as it stays in place and provides lubrication over a longer period of time. Oil lubrication is suitable for high-speed applications where heat dissipation is important, while solid lubricants are used in extreme conditions where traditional lubricants may not be effective.
Are lubricants used to dampen rough surfaces?
Lubricant are not used to dampen rough surfaces. They are used to smoothen the surfaces. They reduce friction through the slippery lubricants on the surfaces.
What is an alignment machine used for?
Used alignment machines are "old technology" Used alignment machines may need to be "updated" and "serviced" by the local wheel alignment service representative before they can operated. The cost for this service may be thousands of dollars. Used alignment machines have no warranty. (Normally) Used alignment machines (after all the costs are included) may cost more than a brand new (state of the art) Edge alignment machine from Greg Smith Equipment.
