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Name: 4. Under Just-in-time inventory system and Backflush Costing, what cos
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Description: 4. Under Just-in-time inventory system and Backflush Costing, what costing method is ideally employed? A.Normal CostingB.Actual CostingC.Standard CostingD.Budgeted CostingE.None of the above

Business

Accounting

Under Just-in-time inventory system and Backflush Costing, what costing method is ideally employed

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter20: Inventory Management: Economic Order Quantity, Jit, And The Theory Of Constraints

Section: Chapter Questions

Problem 20E: A JIT inventory management system maintains which of the following? a. Goods should be pushed...

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Under variable costing, which of the following costs are assigned to inventory? Variable Selling & Administrative Costs variable Factory Overhead Costs (A) Yes No b)No yes c)Yes Yes d) No No 8.Which of the following would appear on both the budgeted income statement and on the schedule of expected cash disbursements for operating expenses? (A) Depreciation expense (B) Rent expense (C) Sales commission expense (D) Both B and C 9.Which of the following is not an underlying assumption of the cost-volume-profit graph? (A) Expenses are categorized into fixed and variable (B) Revenues and expenses are linear over the relevant range (C) Efficiency and productivity will be unchanged (D) Sales mix will not be…