Indirect-cost pools, Financial Management

Assignment Help:

1. Increasing the number of indirect-cost pools is guaranteed to sizably increase the accuracy of product or service costs.do you agree? Support your anser using examples

2. The application of activity based costing doesn't apply in service industries. Service industries don'tmaintain any inventory and therefore ABC will not add any value to the organisation. Do you agree? Support your answer using examples.

3. FrancescaLorie. a production manager, states that "instead of allocating budgeted manufacturing overheads to jobs, we should straight away charge actual overheads. This would avoid the constant problem of under applied and over applied overheads and therefore no adjustment would be necessary. Plus instead of consuming our valuable resources for this activity we can utilise them else here. This would definitely improve profitability in the long run" write a memo to Francesca to clarify her concerns

4. Why might an analyst examining variances in the production area look beyond that business function for explanation of those variances? Support your answer using examples.


Related Discussions:- Indirect-cost pools

Describe the characteristics of money markets, Question: (a) Consider t...

Question: (a) Consider that rate of interest is 10% and you are offered either a discount bond paying you $5,000 in 5 years or a fixed-payment loan paying you $750 per year for

Define some of government need imposed on public corporation, What are some...

What are some of the government needs imposed on a public corporation that are not imposed on a private, closely held corporation? Public corporations should submit audited finan

Harmonisation of accounting standards, Harmonisation of Accounting Standard...

Harmonisation of Accounting Standards Recognising the required for international harmonisation of accounting standards, in year 1973, the International Accounting Standards Co

Explain the three financial factors that influence the value, List and expl...

List and explain the three financial factors that influence the value of a business. The three factors that influence the value of a firm's stock price are timing , cash flow

Measure of central tendency, One of the most important objectiv...

One of the most important objectives of statistical analysis is to get one single value that describes the characteristic of the entire mass of unwieldy

Major linen purchase on open account, that the business has far fewer linen...

that the business has far fewer linens than it needs, so he makes a major linen purchase on open account. Which of the following terms refers to the fact that partners Ma and Runni

Define which proposed capital budgeting projects to accept, For a specified...

For a specified IOS and MCC, how do financial managers decide that which proposed capital budgeting projects to accept, and which to reject? For a specified IOS and MCC, all inde

Company capacity to continue trading, Company capacity to continue trading ...

Company capacity to continue trading Given the preceding discussion it is unlikely that the business can continue in its current form. The trading performance is clearly very

Problem in the determine of cost of the capital, Q. Problem in the determin...

Q. Problem in the determine of cost of the capital? Conceptual controversies regarding the relationship between the cost of the capital and the capital structure: different the

Certified public accountant, Certified Public Accountant (CPA) - ACCOUNTANT...

Certified Public Accountant (CPA) - ACCOUNTANT who has satisfied education, experience and examination requirements of her or his jurisdiction essential to be certified as a public

Write Your Message!

Captcha
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