5. Provide the benefits of using absorption costing for internal reporting. explain the answer with proper examples. thank you.
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5. Provide the benefits of using absorption costing for internal reporting.
explain the answer with proper examples. thank you.
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- ABC costing attempts to: O A. classify as many costs as indirect costs as is feasible. OB. identify the activities involved in a process. create as many cost pools as possible. O C. O D. seek a lesser level of detail.How does standard costing improves the control function? Comment with examples."Standard costing improves the control function"explain with more information and examples
- What is standard cost ? Explain four purposes of standard costing. NB: This concept should be in accouting prefebly in Performance Management AccountingDefine the Cost Pool, Cost Object and Cost Driver. Please help me I really need the answer, clear explanation please, thank you!Describe the term “cost driver” and give an example. Describe the term “relevant range” and give an example.
- Standard Costing helps in : Measuring efficiency Reducing loss Controlling costDefine Cost Pool, Cost Object and Cost Driver. Hope you can help me understand it well, I will rate it helpful, just please help me answer my questions precisely, thank you very much!Fill the cost classification in the table.