Author: Anonymous

A company usually processes 20,000 orders at a total cost of $250,000. During the year, only 10,000 orders were processed. What is the cost of unused activity?

An example of a nonproduction cost is

Amigos Industries analyzed the relationship between total factory overhead and changes in direct labor hours. It found the following: Y = $6,000 + $6X The Y in the equation is an estimate of

A(n) __________ method first traces costs to a department and then to products.

_________ explain changes in costs as units produced change.

Costs that follow a step-cost behavior are defined as _________ costs.

A demand-pull system that strives to produce a product only when it is needed and only in the quantities demanded by customers is referred to as:

Attraction Corporation produces specially machined parts. The parts are produced in batches in one continuous manufacturing process. Each part is custom produced and requires special engineering design activity (based on customer specifications). Once the design is completed, the equipment can be set up for batch production. Once the batch is completed, a sample is taken and inspected to see if the parts are within the tolerances allowed. Thus, the manufacturing process has four activities: engineering, setups, machining, and inspecting. In addition, there is a sustaining process with two activities: providing utilities (plantwide) and providing space. Costs have been assigned to each activity using direct tracing and resource drivers: Engineering $1,000,000 Setups 900,000 Machining 2,000,000 Inspection 800,000 Providing space 250,000 Providing utilities 180,000 Activity drivers for each activity have been identified and their practical capacities listed: Machine hours 25,000 Setups 200 Engineering hours 5,000 Inspection hours 2,500 ​ The costs of facility-level activities are assigned using machine hours. ​ What is (are) the unit-level activity(ies)?

Changes in the way business is conducted worldwide have broadened the focus of cost management accounting systems.

Discuss the advances of information technology and how these advances might affect the university education supply chain?