Value added activities and cost pools with abc

Assignment Help Accounting Basics
Reference no: EM1364730

(a) What are some methods a business uses to determine if the activity is value added or not?

(b) How do you think business learn from customers (consumers) what is value added and what is not value added?

(c) Cost pools provide more accurate cost allocation. If this method is more accurate why doesn't everyone use the ABC costing method?

Reference no: EM1364730

Questions Cloud

Financial leverage for a utility company : Determine which factors would cause a difference in the use of financial leverage for a utility Corporation and an automobile Corporation?
Explain what she is looking for is a sound technical : Explain What she is looking for is a sound technical response that would convince the prospective client that the company really knows systems modelling theory.
What is its initial velocity as it leaves the ground : What is its initial velocity as it leaves the ground. Two particles are fixed on an x axis.
Components of health information systems : What is the most important part in Health Management information Systems in your opinion? Why? Please give reasoning or examples to support your opinion.
Value added activities and cost pools with abc : What are some methods a business uses to determine if the activity is value added or not? How do you think business learn from customers (consumers) what is value added and what is not value added?
What is the average force on the child : What is the approximate mass of an object whose weight equals the force in part (b).
Significance of exercise for diabetic patients : What can you tell her about the importance of exercise for diabetic patients?
Explain new contract that dino signed : Explain new contract that Dino signed automatically gave Steamer the right to repossess all the furniture that Dino had previously bought
Design and write payroll program-employee-s hourly pay rate : Design and write a payroll program that will prompt the user to enter an employee's hourly pay rate and the number of hours worked.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Selecting accounting method-fiscal year-end

Tom and Jerry are considering forming a partnership. Both taxpayers use the calendar year and are cash basis taxpayers. The partnership will not be a tax shelter.

  Amortized intangible assets

Should intangible assets always be amortized over their legal lives? Explain. What are the basic issues related to accounting for intangible assets?

  How fuunds are disclosed and reported

Find a newspaper or magazine even online and select an article relating to the use of governmental funds by state, county, local government, etc on an activity.

  Gains and losses on sale of assets

Which of the following statements is true? I. The entire amount of realized gains and losses from the sale of assets are recognized for tax purposes.

  Allowance-direct write-off method

What is possible "consequence" of using the allowance method rather than the direct write-off method? The method fits the matching principle, is GAAP, the SEC likes it better, sounds better for investors, what could be bad?

  Stage-gate process and project charter book

Explain/discuss the value of the stage-gate process of new product development-What is a project charter and a contract book? Explain/discuss their purpose and how they are related to each other?

  Causes of high degree of operating leverage

What conditions/factors cause a business to have a high degree of operating leverage as compared to others?

  Identifying and addressing business and financial risks

Financial markets are the forums in which buyers and sellers of financial assets such as stocks and bonds, and commodities such as grains, oil and gold, meet. Write a paper of not more than 10 pages on business and financial risk, as follows:

  Carrying value-earnings for available-for-sale

Presented below are 3 unrelated situations involving equity securities: What is the effect upon carrying value and earnings for each of the situations above?

  Preparation of sales budget

Assuming that the trend of sales indicated in part (1) is to continue in 2009, compute the unit sales volume to be used for preparing the sales budget for the year ending December 31, 2009. Place your answer in a columnar table similar to that in ..

  Foreign operation functional currency

Sydney Corporation, an Australian-based multinational, borrowed 10,000,000 euros from a German lender at the beginning of calendar year when exchange rate was EUR.60 = AUD1.

  Outputs of accounting information systems

What are the typical outputs of an Accounting Information Systems? Why do system analysts begin by designing the outputs instead of system inputs?

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