Question identify an appropriate cost driver for tracing

Assignment Help Financial Accounting

Reference no: EM13349084

Question :

Identify an appropriate cost driver for tracing costs related with the various levels of activities to the next cost objective or products, whichever is appropriate.

Glaser Health Products is interested in using activity-based costing to recognize as many costs as possible with the products. These costs can be used for control and planning decisions rather than for inventory valuation. The controller decided that all operation costs may be related to products but only those sales and administrative costs that are classified as unit-level, product-level or batch-level costs could be related to products. Using preliminary stage cost drivers, describe how individual items of costs will be traced to activity groupings.

1. Using primary stage cost drivers, show how the costs could be related to products.

2. Describe why it is essential to use preliminary stage and primary stage cost drivers

Reference no: EM13349084

Questions Cloud

Question jean lou pat and diane are partners with capital : question jean lou pat and diane are partners with capital balances of 50000 20000 and 30000 correspondingly. these

Question jerry hasbrow a sales representative for penn : question jerry hasbrow a sales representative for penn office supplies company is compensated on a commission basis and

Question 1 why are expenses related to tax-exempt income : question 1. why are expenses related to tax-exempt income disallowed?2. deduction of taxes. joyce is a single

Question 11 on september 1 2000 galaxy corporations common : question 11. on september 1 2000 galaxy corporations common stock was selling at a market price of 150 per share. on

Question identify an appropriate cost driver for tracing : question identify an appropriate cost driver for tracing costs related with the various levels of activities to the

Question 1 did kpvis client-acceptance process follow the : question 1. did kpvis client-acceptance process follow the applicable standards and regulations?determine the

Question on january 1 2011 porter company purchased a 90 : question on january 1 2011 porter company purchased a 90 percent interest in the capital stock of salem company for

Question bellgrade inc acquired a 60 interest in hansen : question bellgrade inc. acquired a 60 interest in hansen company various years ago. during 2012 hansen sold inventory

Question on 1st january 2009 carlin corporation issued : question on 1st january 2009 carlin corporation issued 2400000 of 5-year 8 percent bonds at 95 the bonds pay interest

User Account

All Pages