1. The table below shows the activity on the credit card statement of Miss PepperCorn for the month of May. She started the month with a balance of $342.63. Round your answers to the nearest cent. a. Location Date Activity 05/05 Payment Payment 05/15 Charge Gas 05/27 Charge Macy's Amount $200.00 $52.37 $105.42 Make a table showing each transaction to find the average daily balance for the month of May. Below your table, remember to show your work for calculating the average daily balance. Explain.

Identify and discuss the factors that affect the focus and practice of cost management.

Distinguish between the qualities and aims of cost accounting, as well as between the nature and significance of a task cost sheet.

What are Traditional and Activity-Based Cost Management Systems?

Briefly discuss the features of Activity-Based costing system.

Describe the term target costing.

Define the term process costing.

Evaluation of activity based costing?

Define under or over applied overhead.