
a.
To identify: The customer margin under activity based costing
Introduction: Activity based costing is stand for the ABC. It is that method in which organization identifies the activities and assign the cost to each resource according to use of them.
b.
To identify: The product margin under the trading costing system,
Introduction: Activity based costing is stand for the ABC. It is that method in which organization identifies the activities and assign the cost to each resource according to use of them.
c.
To identify:
Introduction: Activity based costing is stand for the ABC. It is that method in which organization identifies the activities and assign the cost to each resource according to use of them.

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Chapter 7 Solutions
ACC 202 Principles of Accounting 2 Ball State University
- One company might depreciate a new computer over three years while another company might depreciate the same model computer over five years...and both companies are right. True Falsearrow_forwardno chatgpAccumulated Depreciation will appear as a deduction within the section of the balance sheet labeled as Property, Plant and Equipment. True Falsearrow_forwardNo ai Depreciation Expense is shown on the income statement in order to achieve accounting's matching principle. True Falsearrow_forward
- no aiOne company might depreciate a new computer over three years while another company might depreciate the same model computer over five years...and both companies are right. True Falsearrow_forwardno ai An asset's useful life is the same as its physical life? True Falsearrow_forwardno ai Depreciation Expense reflects an allocation of an asset's original cost rather than an allocation based on the economic value that is being consumed. True Falsearrow_forward
- The purpose of depreciation is to have the balance sheet report the current value of an asset. True Falsearrow_forwardDepreciation Expense shown on a company's income statement must be the same amount as the depreciation expense on the company's income tax return. True Falsearrow_forwardDont use AI Give soln.arrow_forward
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