The following is correct statement related to the activity-based costing and traditional costing system, except:
a. an activity-based costing system is generally easier to implement and maintain than traditional costing system.
b. an activity-based costing system assigns both manufacturing and non-manufacturing costs to product.
c. an activity-based costing system does not assign all manufacturing costs to product.
d. activity-based costing uses multiple overhead rates based on multiple activity cost pools.

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.

You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.