What is the name given to the products that are lower in quantity or of economic value compared to the actual combined products that emerge at the end of the combined production?    a) Wastage  B) combined product  NS) By-product  D) Scrap  TO) Now

Q: 14 Within the relevant range of activity, how will variable cost per unit behave? Select one: a.…

A: The correct answer is d. It will remain constant.Explanation:Variable Costs are costs that change in…

Q: Assuming beginning work in process is zero, the equivalent units of production computed using FIFO…

A: First in, first out is an approach to inventory valuation that is straightforward and operates on…

Q: 7. Assuming direct labor is a variable cost: a. Determine the number of WVD drums (if any) that…

A: Answered required 7 (a) and (b), some data were taken from previous answered question. Please refer…

Q: Book value of old equipment is considered to be a Group of answer choices sunk cost. cost that can…

A: Book value of old equipment is considered to be a sunk cost..... Sunk costs are those costs which…

Q: In a sell or process further decision, consider the following costs: 1. A variable production cost…

A: There are many cost that need to be considered while considering the decision things regarding the…

Q: 17. What are costs that remain the same in total dollar amount as the activity base changes?

A: The costs that remain same in total dollar amount is  Both cost per unit and activity base are…

Q: As production increases within the relevant range, Group of answer choices a. None of the…

A: If the level of production changes within the relevant range: Per unit variable cost remains same…

Q: None

A: The marginal product (MP) is the additional output produced by one more unit of input. The formula…

Q: If the company produces no output, it must pay No cost (A A small amount of variable cost Its fixed…

A: Fixed costs is the cost incurred by the business which is to be paid irrespective of the number of…

Q: 20 Under variable costing, which of the following costs are treated as period costs? Select one:…

A: Direct materialsPRODUCT COSTSDirect laborPRODUCT COSTSVariable manufacturing overheadPRODUCT…

Q: What costs are included in the manufacturing of products under variable costing?

A: Lets understand the basics.There are two methods are generally followed for costing in the entity…

Q: What is the vacancy rate?

A: Job Vacancy Rate means the percentage of empty posts against the total number of the approved posts…

Q: The best objective when faced with limited resources is to maximize:     production of the product…

A:

Q: The calculation to determine target cost is

A: Target costing is a cost accounting approach in which companies set targets for cost based on the…

Q: .what is the estimated selling price of a product less any cost necessary to further process the…

A: The cost necessary to further process the products beyond the split of point is also known as…

Q: What is the reason for pooling costs? O a. To shift costs from low-volume to high-volume products. O…

A: Cost mean different expenses incurred by the manufacturing concern to make a product available to…

Q: 16 Which costs will change with a decrease in activity within the relevant range? Select one: a.…

A: The correct answer is a. Unit fixed cost and total variable costs.Explanation:Understanding how…

Q: QUESTION 19 Which of the following statements are true? 1. If the activity level increases, then one…

A: The costs can be classified as variable and fixed cost. The variable cost per unit remains constant…

Q: Carts Corporation is production process. TH spent in various produe Activity Inspection Storage.…

A: Value added activities is defined as those activities of the firm operations that increases the…

Q: QUESTION 40 Considering only the information provided, which wastebasket type should your company…

A: Cost-benefit analyses, which weigh the advantages and disadvantages of each alternative, are…

Q: QUESTION 14 At the break-even point, O A. total cost equals total revenue O B. output equals…

A: Cost-Volume-Profit (CVP) analysis is a financial management tool used by businesses to understand…

Q: Which of the following is true about plan assets? Any excess return on plan assets are earned to…

A: Plan assets refer to the form of assets that are held onto by the owner for long-term employee…

Q: Which of the following best describes a Joint-Product? a) It is the expected loss in the efficient…

A: When two products are manufactured in such a way that they cannot be manufactured without each…