Chapter 4     Pg. 318 Facility, Product, Batch and Unit Levels.Would you please explain in great detail the different levels and the role they play, and provide examples for each, good examples please.  Also, there is a question below about utilities that I need answered.  Please give GREAT examples for each level. Also what would utitilies for the facility fall under? Which of the 4 categories

Q: Explain the The External Environment of ICBC with the following points.

A: Solution- An external environment is composed of all the outside factors or influences that impact…

Q: A list of possible cost drivers is presented below.For each of the following activity cost pools,…

A: Cost drivers for each cost pool : (1) Machine setup Cost driver : Number of setups  - More setups…

Q: :Changing the design of the product is an example of A product level activity a O A batch level…

A: Product-level activities are the activities that are related to a specific product or activity.…

Q: Use the following data to prepare a model that allocates the support departments using the three…

A:

Q: In the blank next to the following terms, place the letter A through D corresponding to the best…

A: Cost:   It is the economic value of resources incurred by a firm to manufacture a product or render…

Q: Explain briefly what the EOQ model is andhow it can be used to help establish an optimalinventory…

A: Economic Order Quantity (EOQ) Model It is a method of inventory costing that aims to identify the…

Q: What are the importance of setting service standards

A: Service standards are important for potential customers, prospective consumers, staff, and…

Q: Classify the following cost drivers as structural, executional, or operational.

A: Classification of cost derives: Classification 0f the given cost drivers as structural, executional,…

Q: were the various tools used in ERP system?

A:

Q: Please explain with examples briefly benefits of accounting system for automated cost accounting?

A: Cost accounting: It is a form of managerial accounting which focuses on calculation of company's…

Q: Define each of the following terms: f. Just-in-time system; outsourcing

A: Answer: Just-in-time system: This is the method for managing inventories. It was developed by…

Q: Which of the following is the best example of a unit-level activity? Select one: O a None of the…

A: Unit level activity are the activities which can relates with the per unit produced. It can be…

Q: In your own words, explain any 3 roles inventory with the use of your own examples

A: Inventory Basically management of the inventory system is one of the challenging task of the…

Q: Concerning computer software to be sold, leased, or otherwise marketed, which of the following costs…

A: Introduction: Costs of product: Amount spent for making the product in to a finished goods from raw…

Q: Piscuss 3 uses of a Čost of Production Report. Also dis

A: Definition and explanationThe cost of production report (CPR) may be a document utilized in method…

Q: What are support departments, and why are their costs allocated to other departments?  What process…

A: Support departments are those departments which helps or provides support to other operation…

Q: Define and explain the cost management information system's two major subsystems.

A: Cost management information system refers to the system which is related with the manufacturing the…

Q: Discuss The Diverse applications of Linear Programming in the following industries: a. logistics…

A: Linear programming (LP) is a powerful mathematical technique used for optimization, finding the best…

Q: what the enzymes involved in ETC? draw a detailed flow chart

A: Enzymes are proteins that go about as natural impetuses (biocatalysts). Impetuses speed up synthetic…

Q: . Designing a new product is an example of: a. Unit-level activity b. Batch-level activity…

A: Activity based costing is a type of costing system in which all indirect costs or overheads are…

Q: 14. Explain how the four facets of production operations is important in terms of Cost Accounting…

A: Production is the process carried out by a manufacturing company that converts the input goods or…

Q: e and explain activities alonc n them in det core activity.

A: Value chain refers to the concept which elaborates the range of activities involved in transforming…

Q: Discuss the characteristics and costs of useful information. What makes information useful and what…

A: Accounting information is broad in nature and should be structured to meet the information needs of…

Q: omputerised cost

A: The computerized accounting system is an accounting data system that processes financial…

Q: The second paragraph or step 2, is that what I can use to create the diagram?

A: Audit Trail - A collection of papers known as an audit trail serves to verify the transactions you…

Q: Explain the purpose of the cost accounting system

A: Cost Accounting involves accounting for all the cost incurred by the business. This takes in account…

Q: Discuss in detail Five benefits and drawbacks of throughput accounting

A: Through put accounting is a managerial decision making to maximize organization's profit. In this…

Q: At what level of details the work packages need to be described to take place in work breakdown…

A: Organization Structure- The organizational structure is a hierarchy/system that the organization…

Q: Describe the many parts that come together to produce a complete information system. Where does the…

A:

Q: need distrebution the cost of service centers to the production center.

A: Overhead is the cost that is directly involved in the production process of the company. It is…

Q: Write down the characteristics that defines operating segments.

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: Explain the features of cost management.

A: Cost management is a process of planning and controlling the costs of a business organisation. This…

Q: 4 Human resource management is an example of an activity at which of the following levels?…

A: Human resource management (HRM) is fundamentally an organization-sustaining activity because it…

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.