Which of the following is the most difficult but most accurate of the commonly used methods for allocating support department costs to production departments? Oa. reciprocal services method Ob. direct method Oc. activity-based management method Od. sequential method

Identify and Classify the following activities as per their respective categories under Value Chain Analysis: 1.Communication, pricing and channel management 2.Installation, repairs and replacement 3.Planning and management 4.Inputs in to final product

What are support departments, and why are their costs allocated to other departments? What process is used to allocate support department costs?

which cost allocation method to use to serve better support direct cost to producing departments?

Question 1 The term "cost" means: all of these. the price paid for a raw material. the wage paid to a worker. the price charged by an entity for its services. Question 2 The sequence of activities that add value to the organization are: the value chain. the value processes. the chain of production events. the strategic cost initiatives.

TRUE OR FALSE Activity center is a unit in an organization for which management wants the costs of a set of activities be reported separately.