Home
Search
Gallery
Blog
Dictionary
Textbooks
Resource Library
Flashcards
Latest Topics
Ask a Question
Home
Take a Tour
Study Tips
Help Pages
Contact Us
Gallery
Recently Added
Search
Blog
Dictionary
Add New Word
Random Term
Recent Changes
Resource Library
Share Your Resources
Recently Added
Search
Ask a Question
Log In
Sign Up
homework help
portal
Q & A Board
Gallery
Notes and Downloads
This Board
Research Articles
Entire Website using Google
Forum
Search
Advanced Search
Image Gallery
Resource Library
Browse by
Textbooks
Chat
Subjects
Recent
Posts
•
Latest Topics
•
Unanswered Questions
Top Posters
Since Sunday
18
13
7
r
6
u
5
5
V
4
b
4
r
4
o
4
d
4
n
4
Home
Q & A Board
Other Fields Homework Help
Business
Accounting
Print
New Topic
When using a standard costing system, which of the following statements is true?
Melly767
Melly767
wrote...
Go to Answer
Posts:
92
Rep:
0
0
3 months ago
3 months ago
When using a standard costing system, which of the following statements is true?
When using a standard costing system, which of the following statements is true?
▸ The recorded cost of a unit in inventory differs in the amount of direct materials and direct labor, but not for overhead, regardless if the unit cost is recorded today or next week.
▸ The recorded cost of a unit recorded in inventory last week will differ from the recorded cost of a unit recorded in inventory today.
▸ There is never any question about the recorded cost of a unit in inventory; it is always at the standard cost.
▸ There is always a question about the recorded cost of a unit in inventory; the standard cost differs with each purchase.
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
Read 20 times
1
Reply
Report
Replies
Answer verified by a
subject expert
AdieMichelle
AdieMichelle
wrote...
#1
Answer Link
Posts:
67
Rep:
0
0
3 months ago
3 months ago
Sign in
or
Sign up
in seconds to unlock everything for free
Login with Facebook
Login with Google
Login with Twitter
More solutions for this book are
available here
There is never any question about the recorded cost of a unit in inventory; it is always at the standard cost.
1
Report
Related Topics
Solved
Which of the following statements is true?
Solved
Which of the following statements is true of the just-in-time costing system?
Which of the following statements is true of a peanut-butter costing system?
Solved
Standard costing is a costing system that allocates overhead costs on the basis of the standard ...
Solved
When using a standard costing system, all product costs are recorded at standard cost as products ...
Solved
Which of the following statements are true? In a job-order costing system, indirect labor is ...
Solved
Which of the following statements is true?When a company changes from a traditional costing system ...
Solved
Which of the following statements is true?When a company changes from a traditional costing system ...
Show More
Melly767
Author
wrote...
3 months ago
this is exactly what I needed
Gamiung3657
wrote...
Yesterday
Thanks
smi3
wrote...
2 hours ago
This helped my grade so much
New Topic
Quick Reply
[center][color=gray]Please [b]login or register[/b] to leave a reply[/color][/center]
Explore
Post your homework questions and get free online help from our incredible volunteers
297 People Browsing
251 Signed Up Today
Start New Topic
Take the Tour
Study Tips
Study Tools
New
Topics Trending
Browse by Textbook
Related Images
819
167
109
Your Opinion
Does a gender wage gap exist in America?
Yes
No
Not sure
Votes: 468
Previous poll results:
Do you believe in global warming?
Latest Blogs
The Secrets of Longevity: Exploring Okinawa, Japan
A link between depression and heart disease
3D Imaging: A Practical Use of Mathematics
Unusual Plant Defenses
How to cut in front of a line (persuasion tactic)
Ready to ask a question on
Biology Forums
?
Try it out
Chemical formula, please help
-
Chemistry
Find the monthly compounded nominal interest rate that is equivalent to an effective rate of 21%.
-
Mathematics
What are the primary emphases of state prison facilities?
-
Legal Studies
Your company can obtain a business line of credit from a bank at 7.5% compounded semiannually, or ...
-
Mathematics
Over six years Craig earned interest of $8,400 on an investment of $20,000. What effective rate of ...
-
Mathematics
Calculate the effective annual rate for 18% compounded annually.
-
Mathematics
Fragile X syndrome cure.
-
Nursing and Clinical
For how long has to do a payment of a loan
-
Algebra
The Equinox Fabrication Plant suffered a fire incident in August, and most of the records for the ...
-
Accounting
Adults on parole in the United States are most likely to be under correctional s
-
Legal Studies
Loading...