Explain major benefits of traditional activity-based costing

Assignment Help Cost Accounting
Reference no: EM131145884

PART 1

PLEASE RESPOND THE FOLLOWING QUESTION NO LESS THEN 350 WORDS (ORIGINAL WORK, NO PLAGIARISM, 1 Reference)

"Time-Driven Activity-Based Costing (ABC)" Please respond to the following:

• Analyze the major benefits and major weaknesses of traditional Activity-Based Costing (ABC) in determining accurate overhead costs over a time-driven ABC system. Provide a rationale for your response.

• Suggest the manner in which a business can achieve a competitive advantage in the marketplace through the use of ABC. Provide two (2) reasons to convince senior management that they should implement an ABC system.

PART 2 Please generate an answer for the discussion that I will provide via massage (this discussion is from a only student that I have to reply back no less than 250 words) Please focus on something good of the discussion and add aditional infomation)(ORIGINAL WORK, NO PLAGIARISM, 1 REFERENCE)

Reference no: EM131145884

Questions Cloud

Maquoketa valley resort opened for business on june 1 : Maquoketa Valley Resort opened for business on June 1 with eight air-conditioned units. Its trial balance before adjustment on August 31 is presented here.
List specific groups that were affected by industrialization : List five specific groups that were affected by industrialization. Provide two (2) examples for each group describing how the group was affected.
What tax and nontax factors should be considered : George, a wealthy investor, is uncertain whether he should invest in taxable or tax-exempt bonds. What tax and nontax factors should be considered?
Explain major benefits of traditional activity-based costing : Analyze the major benefits and major weaknesses of traditional Activity-Based Costing (ABC) in determining accurate overhead costs over a time-driven ABC system. Provide a rationale for your response.
How much money you believe you may be making : How much money you believe you may be making, the amount of taxes you will have to pay, governmental programs you expect to be around, and whether we will have cut the size of our government. Don't forget, this debt is just for the national governmen..
Why or why not a callable bond trading at a premium price : Discuss why or why not a callable bond trading at a premium price would be an appropriate investment for the target audience's organizations.
Discuss the major contents of the fund financial statements : Discuss the major contents of the fund financial statements and government wide financial statements. Address why those statements are necessary in the government annual report.
Prepare the adjusting entry necessary to account : Prepare the adjusting entry necessary to account for the note receivable from Ritter Industries at December 31, 2015. Determine the net realizable value of Ciavarella's accounts receivable at December 31, 2015.

Reviews

Write a Review

Cost Accounting Questions & Answers

  How many units did integrated corporation sell

How many units did Integrated Corporation sell?

  How does revenue mix compare with the revenue blend

How are contributions recorded? Is there a distinction between pledges receivable and accounts receivable - and are there circumstances when financial statements can quantify volunteers' services?

  A standard product known as px standard quantity

The Following Data apply to the production of a standard product known as PX standard quantity 1000 kg materials M Standard price per Kg Rs-2.40 During the Certain Month 1150 kg of M was actually used.

  Calculate contribution margin to determine the best product

Sam has unlimited demand for both products. Therefore, which product should Sam tell his sales people to emphasize and calculate contribution margin to determine the best product.

  Determine the monthly volume

Determine the monthly volume at which the proposed process becomes preferable to the current process.

  What is chicos degree of operating leverage

The firm incurs fixed operating costs of $30,000 and variable operating costs of $12 per unit. What is Chico's degree of operating leverage (DOL) at a base level of sales of 15,000 units?

  Long term investments - adjusted to market and equity method

Prepare a schedule of cash flows from operating activities using the indirect method- Explain your answers and show any calculations necessary to arrive at your answers.

  1 differentiate between the accounting provisions for

1 differentiate between the accounting provisions for revenue recognition for patient revenue and bad debts for

  Provide explanation of scenario of how type of cost selected

Provide an explanation of a scenario of how the type of cost you have selected (sunk, opportunity, or accounting) has impacted an organizational decision.

  Operating activities and investing activities

Analyze the seven transactions, and indicate whether each transaction resulted in a cash flow from operating activities, investing activities, financing activities, or (d) noncash investing and financing activities.

  Compute net cash provided by operating activities

Using the direct method, compute net cash provided (used) by operating activities. (If an amount reduces the account balance then enter with negative sign.)

  Evaluate the npv of the given case study

Evaluate the NPV of the given case study

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