You Are Working on a Ranch and Explaining to Jill,the

question 52

Multiple Choice

You are working on a ranch and explaining to Jill,the head rancher,that she should use holistic planned grazing.What is the best explanation you can give to convince her?

• A)Although it is the hardest to manage,it will give the best quality of pasture compared to other grazing methods.
• B)Since it is the easiest to manage,she will have to do less work to get a better-quality pasture.
• C)It will give a mid-quality pasture but be the easiest methods of managing the fields.

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Definitions:

Predetermined Overhead Rate

A rate established in advance to allocate overhead costs to products or job orders, based on an expected activity level.

Machine-Hours

A measure of the amount of time machines are run, often used as a base for allocating factory overhead.

Total Job Cost

The cumulative cost of materials, labor, and overhead for a specific job or project.

Job-Order Costing

A cost accounting system that assigns manufacturing costs to an individual product or batch of products, making it possible to track the cost of specific jobs.