Tharp and kostrivas is a law firm that is initiating an

Assignment Help Accounting Basics
Reference no: EM13599426

Tharp and Kostrivas is a law firm that is initiating an activity-based costing system. Ben Tharp, the senior partner and strong supporter of ABC, has prepared the following list of activities performed by a typical attorney in a day at the firm. Classify each of the activities listed by Ben Tharp as value-added or non-value-added and defend your classification. How much was value-added and how much was non-value-added?

  • Activities Hours
  • Writing contracts and letters 1.0
  • Attending staff meetings 0.5
  • Taking depositions 1.0
  • Doing research 1.0
  • Traveling to/from court 1.0
  • Contemplating legal strategy 1.0
  • Eating lunch 1.0
  • Litigating a case in course 2.5
  • Entertaining a prospective client 2.0

Reference no: EM13599426

Questions Cloud

Roverplus a pet product superstore is considering pricing a : roverplus a pet product superstore is considering pricing a new roverplus labeled dog food. the company will buy the
Sabb corporations net income last year was 6200000 the : sabb corporations net income last year was 6200000. the dividend on common stock was 13.60 per share and the dividend
Ms excel 2007 offers various types of charts that help you : ms excel 2007 offers various types of charts that help you to share data in a variety of ways with an audience. take
After evaluating zero companys manufacturing process : after evaluating zero companys manufacturing process management decides to establish standards of 3.4 hours of direct
Tharp and kostrivas is a law firm that is initiating an : tharp and kostrivas is a law firm that is initiating an activity-based costing system. ben tharp the senior partner and
Bethel company owns a machine that can produce two : bethel company owns a machine that can produce two specialized products. production time for product tlx is three units
What is the difference between operations costing and a : what is the difference between operations costing and a process costing system? how does a company decide whether to
On december 31 2013 prepare the adjusting entry to record : ryder company which began operations in 2011 invests its idle cash in trading securities. the following transactions
No ache company has a division that produces a single : no ache company has a division that produces a single product - a backache reducing pill - that sells for 1. the pill

Reviews

Write a Review

Accounting Basics Questions & Answers

  Hoi chong transport ltd operates a fleet of delivery trucks

hoi chong transport ltd. operates a fleet of delivery trucks in singapore. the company has determined that if a truck

  Variable predetermined manufacturing overhead rates

Compute the total, fixed, and variable predetermined manufacturing overhead rates. Compute the total, controllable, and volume overhead variances.

  Which of the following accounts ordinarily appears in the

which of the following accounts ordinarily appears in the post-closing trial balance?a accumulated depreciationb

  At december 31 2010 the records of seacrest enterprises

at december 31 2010 the records of seacrest enterprises provided the following selected and incomplete

  Falcon co produces a single product its normal selling

falcon co. produces a single product. its normal selling price is 30.00 per unit. the variable costs are 19.00 per

  Determine for plan earnings per share of common stock

Determine for each plan the earnings per share of commonstock, assuming that the income before bond interest and income taxis 20,000.

  If the contribution marginratio is 32 target operating

if the contribution marginratio is 32 target operating income is 60000 and the sales revenue needed to achieve the

  Prepare a differential analysis dated july 19 2014 to

eclispe computer company has been purchasing carrying cases for its portable computer at a delivered cost of 65 per

  Largent supplies corp has borrowed to invest in a project

largent supplies corp. has borrowed to invest in a project. the loan calls for a payment of 17384 every month for three

  Determining financial statement effects of transactions

determining financial statement effects of transactions involving notes payable many businesses borrow money during

  Ringemup inc had net income of 498100 for its fiscal year

ringemup inc. had net income of 498100 for its fiscal year ended october 31 2010. during the year the company had

  The following facts pertaining to the eastvacos pension

the following facts pertaining to the eastvacos pension plan for 2012. expected return on plan assets is 15 the fmv of

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