Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Cost Reallocation
The following link describes an organization's approach to inservice cost allocation: EXISTING CVP PLANT-IN-SERVICE COST ALLOCATION . (https://www.usbr.gov/mp/cvpwaterrates/cost_allocation_study/chapter3.pdf)
Required:You are required to read the above article and to discuss the various issues of cost allocation:
1. Describe the process of allocation of costs in this organization. Do you agree with the approach? Why or why not?.
2. Identify those situations when common costs are allocated.
3. Explain the impact of allocating common costs for internal decision making. Explain the impact of not allocating common costs for internal decision making.
What are the components of a budget? Are they same for every organization? Why or why not? Should every organization forecast its operating budget? Why or why not?
Create a memo on the ‘state of the company's industry' and associated risk factors.
Your firm has a debt-equity ratio of .40. Your cost of equity is 12% and your after-tax cost of debt is 6%. What will your cost of equity be if the target capital structure becomes a 50/50 mix of debt and equity?
Write down the benefits of standard costs and how do businesses set those standards.
When determining end of period production cost variances, which of the following product costs components will require flexing?
Recognize three firms from 2009 FSB 100 which need a job-order costing system. Describe why they would most likely employ a job-order costing system.
Joint costs should not be allocated to individual products for decision purposes. For what purposes are such costs allocated to products?
Jessep Corporation has a standard cost system in which manufacturing overhead is applied to units of product on the basis of direct labor hours. The company has provided the following data concerning its fixed manufacturing overhead costs in March..
During the period, actual sales totaled 58,000 units. Prepare a variance report to show the difference between the master budget and the flexible budget.
Actual production and sales were 62,900 coffee mugs, actual direct materials usage was 10,000 lbs. at an actual price of $0.17 per lb., actual direct labor usage was 202,000 minutes at a total cost of $30,300
Make a cash budget for Sharpe covering the first seven months of 2004. Sharpe has $200,000 in notes payable due in July that must be repaid or renegotiated for an extension. Will the firm have ample cash to repay the notes?
Auditors should decide, based upon cost considerations, whether to test the design effectiveness or operating effectiveness of controls. Inquiry alone provides sufficient evidence to support operating effectiveness of a control.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd