Cost allocations-relevance to us army corp of engineers

Assignment Help Managerial Accounting
Reference no: EM1349044

1. Why does the US Army Corp of Engineers worry about cost allocations? Aren't they a branch of the US Federal Government? Why does it matter whether or not costs are allocated?

2. The City of Seattle reading lists a series of costs and associated cost drivers for allocating these costs. Do you agree with the cost drivers (cost allocation factors)? Why do you suppose these drivers were selected? Does it make sense to have all of these individual costs and drivers identified or should there be a more uniform method of allocating costs? Why do they allocate costs anyway in a government (City Government) setting -- aren't cost allocation methods mostly for manufacturing companies?

3. Why does the US Department of Human Services have a special division just for Cost Allocation? What are some of the ways in which they adminster cost allocation for hospitals, colleges, and non-profit organizations?

4. Is cost allocation only relevant for govenment agencies like those above? Why or why not? Support your arguments with references or examples as appropriate

Readings:

US Army Corps of Engineers - Walla Walla Project retrieved August 17, 2009 from: https://www.nww.usace.army.mil/lsr/reports/misc_reports/allocate.htm

City of Seattle Budget for 2009 - 2010 retrieved August 17, 2009 from: https://www.cityofseattle.net/financedepartment/0910adoptedbudget/Cost_Allocation_2009_Adopted_and_2010_Endorsed_Budget.pdf

US Department of Human Services, Financial Accounting, Division of Cost Allocation retrieved August 17, 2009 from: https://www.psc.gov/directory/2009directory.pdf (search for Cost Allocations)

Reference no: EM1349044

Questions Cloud

Nature of organizational change : Focus primarily on the major change that is taking place at Verizon under CEO McAdam.
Illustrate what smallest integer price make firm willing : The firm must pay a fi xed cost of $80 if it produces any positive amount, but does not have to pay this cost if it produces no output. Illustrate what is the smallest integer price that would make a firm willing to produce a positive amount.
Eriksons psychosocial development theory : What are key concepts of Psychosocial and humanistic theories based on Erikson's psychosocial development theory/erikson's psychosocial crisis life cycle model - the eight stages of human development).
What is the magnitude of the repulsive force : A uniform diving board, 12m long and 20kg mass is placed on a platform. How far can a 60kg person walk down the board from the edge of the platform without board tipping over.
Cost allocations-relevance to us army corp of engineers : Why does the US Army Corp of Engineers worry about cost allocations? Aren't they a branch of the US Federal Government? Why does it matter whether or not costs are allocated?
Most vital difference in the recruiting and hiring process : Suggest the most vital difference in the recruiting and hiring process for civil services versus private employment
Organizational change- how companies fail : Organizational change is not always successful and find factors that can cause change initiatives to fail and the five pillars that can cause them to succeed.
What is the energy in joules of the photons : A high-speed flywheel in a motor is spinning at 450 when a power failure suddenly occurs. The flywheel has mass 38.0 and diameter 78 . The power is off for 25 and during this time the flywheel slows due to friction in its axle bearings.
Show plan for organizational change : Planning for Organizational Change - need some help writing notes for a powerpoint on changing a health care organization to an electronic system.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Information about budget

Discuss how a budget could help you personally or your organization accomplish the objectives of long range plan developed for you personally or for your organization.

  Learning points from marginal costing

Recognize three key learning points with respect to application of concepts like fixed costs, variable costs, contribution margin, breakeven analysis, indifference point, and operating leverage to organization's overall financial performance.

  Develop a value chain for the airline industry

Develop a value chain for the airline industry

  Current costing model

Write down the strengths and weaknesses of current costing model.

  Tax bases-budget financing-budget deficits

Contrast the 3 major classes of tax bases, also addressing economic bases. Examine various methods of government financing in their budget, and give a synthesis of the strengths and weaknesses of these methods, as well as their long term effects.

  Cost considerations-operating effectiveness

Auditors should decide, based upon cost considerations, whether to test the design effectiveness or operating effectiveness of controls. Inquiry alone provides sufficient evidence to support operating effectiveness of a control.

  Value of abandonment option

High Roller Properties is considering building a new casino at a cost of $10 million at t = 0. What is the value (in thousands) of this abandonment option?

  Ferguson molding company cost per unit

Corresponds to CLO 4(b) Ferguson Molding Company produces custom bottle caps and jar covers for large cosmetic companies. Each customer owns the custom-made molds that are used for the caps and jar covers, so caps are produced only to customer ord..

  About the merger and acquisition activity of the coca cola

Select one acquisition the company has undertaken during recent history and explain details of the deal. About the merger and acquisition activity of the Coca Cola

  Tuition revenue budget and number of faculty

Wikki State University (WSU) is preparing its maser budget for upcoming academic year. Currently, 8,000 students are enrolled on campus however, admissions ofice is forecasting a 5 percent growth in student body despite a tuition hike to $75 per c..

  Jackson construction company-job order costing system

Jackson Construction Company uses a job order costing system. In May 2008, Jackson made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport, Mississippi.

  Total equivalent units of production

Browning, which employs a process-costing system, adds all material at the beginning of production and incurs conversion cost evenly during manufacturing. The information which follows relates to the period just ended:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd