Define value chain and classification of costs for “Salary of computer scientist working on the next generation of servers.”

Q: Assume that your team is going to form a company that will manufacture chocolate chip cookies. The…

A:

Q: Comprehend and Apply the elements of costing to the job environment. Evaluate and Integrate the…

A: costing is system for assigning the cost to the business and its element. costing involved…

Q: It is your first day at a new job and you talk about the themes of cost system design. One of your…

A: Cost Accounting System: It is a method that was developed to report the prices of different goods…

Q: The three types of responsibility centers are cost centers, profit centers, and investment centers.…

A: Responsibility Center: The departments of the organization are generally referred as responsibility…

Q: Does it make sense for the company to add Staff/CAPEX to improve their take-home salary

A: To improve the employee's take-home salary, if company add Capex in their working area. It will…

Q: atch each item with the correct statement below. A process that answers the question "How many…

A: The question is based on the concept of Cost Accounting

Q: Explain giving examples why it is important to keep current cost in line with planned cost. Using…

A: What is the Current cost: Current costs are the actual cost incurred while producing goods or…

Q: Concerning computer software to be sold, leased, or otherwise marketed, which of the following costs…

A: Introduction: Costs of product: Amount spent for making the product in to a finished goods from raw…

Q: Critically evaluate how Standard Costing procedures can be  applied in service companies.

A: Standard Costing             Standard costing is a costing technique similar to the budgeting…

Q: Determine Question Sequence (A list of questions with the sequence of customer priority) with scale…

A: A 1-5 rating scale of a product features is used by a product developing company to analyze the…

Q: Define value chain and classification of costs for “Cost of Dell employees’ visit to a major…

A: Value chain:

Q: Identify the role, if any, for sharing financial information with these employees to help them in…

A: Types of financial information that would be helpful to the employees are: Balance Sheet. Cash Flow…

Q: You are working with a firm of Cost Consultants. A client having a large manufacturing FMCG co.…

A: Basic Considerations: What are the priorities that the management needs to fulfill and what kind of…

Q: How cost accounting is useful for external user as Government ,and customer etc.support your answer…

A: Cost accounting system is a framework that guides the firm to calculate their cost and helps in…

Q: How can accounting con

A: these three steps can increase the capacity of of an accounting firm. Adopt a cloud-based platform…

Q: Life-Cycle Costing; Service Department In the chapter, we illustrated the use of the…

A: Life-cycle costing is the entire life cycle cost of a product so that it provides a complete…

Q: A well-reputed educational Institute has hired you as a project manager for development of their…

A: In project management cost estimation is the process of forecasting the financial and other…

Q: Assume Sprint will install and service a server to link all of a customer’s employees’ smartphones…

A: Job Order Costing: Job order costing is a system of allocating cost of production to an individual…

Q: Which is a disadvantage of an enterprise resource planning (ERP) system? Helps companies adjust to…

A: Enterprise resource planning: It is a process that integrates different areas of the organization…

Q: For each of the following support departments, identify a cost driver that could be used for…

A: A cost driver seems to be the source of a cost that has an impact on the overall cost. For instance,…

Q: e target cost per unit for the new product.

A: Total Target profit Cost of investment * Desired rate of return RM400000 * 11% = RM44000…

Q: Companies that produce a variety of products need a costing system that allocates costs based on the…

A: Companies that produce a variety of products need a costing system that allocates costs based on the…

Q: Knowing how costs behave to change in the level of activity is useful to management for all the…

A: Customer demand cannot be predicted by paying attention to how costs change when activity changes.…

Q: Cost of conducting business in a new location or with a new class of customer, including cost of…

A: PPE means property plant and equipment that is used by the business for a longer period of time.…

Q: Managerial accounting

A: Managerial accounting provides information to managers for making decisions internally. It is the…

Q: Why is it important to consider workforce capability and capacity in designing and sustaining high…

A: Workforce capability refers to the ability of an organization to accomplish its goals such as…

Q: How cost accounting is useful for external user as Government ,and customer etc,support your answer…

A: Cost accounting gives complete details of the cost incurred in the manufacturing of the product and…

Q: Google aims to give its managers timely cost reports. In responsibility accounting, who receives…

A: Every person is responsible to control the cost of this department, is responsible for reporting to…

Q: Classify the following costs of this new product as direct materials, direct labor, manufacturing…

A: The product costs are directly or indirectly related to the manufacturing of a product. The period…

Q: Paula Woodward is the head of the Information Systems Department at Mo Manufacturing Company. Roland…

A: Job Order Costing - It is system when customers order small and unique bathes of products in which…

Q: Define value chain and classification of costs for “Payment to business magazine for running Dell…

A: Value chain:

Q: In Activity-based costing, completing the design work of a new smartphone model is considered: O a.…

A: Activity based costing is a type of costing system in which all indirect costs or overheads are…

Q: Value chain classifications Match each of the following cost items with the value chain business…

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Q: Required: Use the Payback Period techniques to help company decide which Machine is better and…

A: Payback period is an investment appraisal technique which determines the years in which initial cost…

Q: . As more warehouses are added to the system, what would we expect to happen to thefollowing?a.…

A: Warehousing : Warehouse is place where the goods that need to be sold or distributed later are need…

Q: Keeping in mind the management Accounting control system (MACS) can you relate the customer demand…

A: Management Accounting Control System (MACS) :        It is a control system used by the organization…

Q: What issues are accountants concerned with when determining their preference for CASE tools that…

A:

Q: XYZ Inc, is a BPO company that carters to different services: call.center.finance, and information…

A: The following cost drivers are listed for XYZ Incorporation.

Q: Classify each of the following as either one-time or recurring costs: a. training personnel b.…

A: One time costs are those costs which has to be incurred only one time but recurring costs are those…