Start studying Accounting Test 2. Simple Program Of Progress Bar. Learn vocabulary. Transaction drivers and duration. The managers are held responsible for differences between budgeted and.
1: traditional allocates all manufacturing overhead to products - ABC only assigns manufacturing overhead consumed by products to those products 2: traditional allocates all manufacturing overhead using volume-realted allocation base - ABC uses non-volume related allocation bases 3: traditional disregards selling and admin expenses because they are period costs - ABC directly traces shipping costs to products and includes non manufacturing overhead caused by products in the activity cost pools that are assigned to products.
>>Cost Accounting Question 1: a) List and explain four potential problems with a 'traditional' overhead allocation system. B) List and explain four 'red flags' that may indicate you should believe revising your overhead allocation system. Question2: a) Explain the differences between unit-related, batch-related, and product-sustaining activities. Give one case of each type of activity. B) Explain the difference between transaction drivers and duration drivers. When could one type be preferred over the other? Waldorf Wave Table.