Author name: Administrator

✅ The correct answer is A.
In cost accounting, conference, quantitative analysis and account analysis methods are considered as cost estimation methods. Cost estimation methods provide a way for companies to anticipate the costs involved in business operations and new undertakings.

✅ The correct answer is B.
Break-Even Point (Units) = Fixed Costs ÷ (Revenue per Unit – Variable Cost per Unit)
= 30000 ÷ (15 – 5)
= 3000 units.

✅ The correct answer is B.
An inventory, which consists of partially worked goods or work in progress is called work in process inventory. Work-in-process is an asset, and so is aggregated into the inventory line item on the balance sheet (usually being the smallest of the three main inventory accounts, of which the others are raw materials and finished goods).

✅ The correct answer is C.
Reorder point is divided by number of sold units for per unit of time to calculate purchase order lease time.

✅ The correct answer is D.
Approaches to allocate costs of support department do not include dual-rate cost-allocation method and single rate cost allocation method.