Replenishment planning helps to determine what materials are to be procured and when. Select on

Q: When reporting information, the most important thing to be considered is that, the cost. a. Should…

A: When reporting information, the most important thing to be considered is that, the cost Should be…

Q: Explain the implementation issues of the cost estimation methods

A: Cost estimation is the process of determining the probable cost of a product before starting the…

Q: Define Restoration costs.

A: Restoration means the act of renewing or repairing something.

Q: When is slicing and dicing a suitable OLAP tool? Give an example.

A: Here Is The Answer

Q: Describe the visual-fit method of cost estimation. What are the main strengths and weaknesses of…

A:

Q: Explain the difference between service cost and prior service cost.

A: Service cost: The present value of the investment made by the beneficiary and the employer in the…

Q: Define sacrificing ratio.

A: Definition of Sacrificing Ratio:Sacrificing ratio is the ratio where the old partner give their…

Q: Geraldine Wolfe is a supervisor at Fantastigifts. She has an annual salary of $48,000, paid…

A: Wage garnishment is any legal and equitable action that compels a portion of a person's salary to be…

Q: Describe the Cost of Elimination.

A: Costing System - A costing system is created to keep track of the costs incurred as a result of the…

Q: a b C d e Amortization Payment Payment Period every year every 3 months every month every 6 months…

A: The amortized payment can be calculated using the present value of loan, payment frequency and…

Q: What is important for a MACRS to consider at the time of disposal?

A: MACRS stands for Modified Accelerated Cost Recovery System. These are the regulations of…

Q: Standards that can be attained with reasonable effort are called standards. O a. ideal O b. normal O…

A: Standards are the performance goals which are set as a benchmark in order to showcase how much a…

Q: Distinguish between internal failure costs and external failure costs.

A:

Q: Define the term external failure costs.

A: Quality costs: Quality costs are costs that are incurred to avoid, identify and eliminate defects…

Q: Define the term conversion cost.

A: Conversion cost:  The cost of changing the materials into a finished product. It comprises direct…

Q: Define inventoriable costs.

A: Inventoriable Costs are also known as Product Costs. Inventoriable cost is the cost of manufacture…

Q: Outline the difference between design capacity and effective capacity

A: Designing capacity is associated with the maximum designs service or output that can be generated so…

Q: Define salvage value

A: ASSET REDUCE ITS CVALUED THROUGH OUT THE LIFE OF THE ASSET.

Q: Define Replacement cost.

A: Replacement cost is defined as the measure of cash required to change the current resource with a…

Q: Explain the strategic role of cost estimation.

A: Cost estimation: Cost estimation is a technique that assist the management for taking strategic…

Q: Explain the implementation problems in cost estimation.

A: Cost estimation: It is the development of a defined relationship between cost object and cost…