Ollowing costs duning Wear 2 to produce high quality televisions. The compery une $ 8,000 $32,000 $ 10,000 $ 25,000 $5,000 312,000 aling and packaging ineering product design section of each batch produced reciation on production pent alles p for each batch produced amo edure
Process Costing
Process costing is a sort of operation costing which is employed to determine the value of a product at each process or stage of producing process, applicable where goods produced from a series of continuous operations or procedure.
Job Costing
Job costing is adhesive costs of each and every job involved in the production processes. It is an accounting measure. It is a method which determines the cost of specific jobs, which are performed according to the consumer’s specifications. Job costing is possible only in businesses where the production is done as per the customer’s requirement. For example, some customers order to manufacture furniture as per their needs.
ABC Costing
Cost Accounting is a form of managerial accounting that helps the company in assessing the total variable cost so as to compute the cost of production. Cost accounting is generally used by the management so as to ensure better decision-making. In comparison to financial accounting, cost accounting has to follow a set standard ad can be used flexibly by the management as per their needs. The types of Cost Accounting include – Lean Accounting, Standard Costing, Marginal Costing and Activity Based Costing.
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![SparkManufacturing incurred the following costs duning Year 2 to produce high quality televisions. The compeny used an activity based costing system Based on the following activities, what is the total unt leve cost
Labeling and packaging
Engineering product design
Inspection of each batch produced
Depreciation on production equipment
Supplies
Setup for each batch produced
Maple ChucY
O
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$57,000
$20,000
$32000
$12000
$8,000
$ 32,000
$ 10,000
$ 25,000
$5,000
3 12,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F731d8bda-2c97-4dcf-bffb-f43b0107f01c%2Faf5284e6-0b8d-4771-adba-cfb807a84e4c%2F4qkjzhk_processed.jpeg&w=3840&q=75)
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