Examlex

Solved

Jenna's Beauty Salon Is Thinking About Offering Occasional Discounts for Regular

question 2

Multiple Choice

Jenna's beauty salon is thinking about offering occasional discounts for regular customers.Jenna is considering which of the 4Ps?


Definitions:

Activity-Based Costing

A costing methodology that assigns manufacturing and non-manufacturing costs to products or services based on the activities needed to produce them.

Machine-Hours

A measure of the amount of time machines are used in the production process, often used as a basis for allocating manufacturing overhead.

Overhead Cost

Expenses related to the ongoing operation of a business that cannot be directly traced to a specific product or service, like rent, utilities, and insurance.

Activity-Based Costing

A method of costing that apportions overhead and indirect expenditures to products and services related to the activities they entail.

Related Questions