Which would be used for activity-based decision making

Assignment Help Managerial Accounting
Reference no: EM13890229

The reports that follow are from a grocery store. Which report would be used for financial purposes, and which would be used for activity-based decision making? Why?

Salaries

$  1,000

Scan grocery purchases

$  3,000

Equipment

2,200

Stock fruit

1,000

Freight

5,000

Bake rye bread

500

Supplies

800

Operate salad bar

2,500

Use and occupancy

1,000

Stock can goods

2,000

Total

$10,000

Collapse cardboard boxes

1,000

 


Total

$10,000

Reference no: EM13890229

Questions Cloud

Adjust the book balance of cash to the reconciled balance : adjust the book balance of cash to the reconciled balance
Forecast broussards additional funds needed for coming year : Broussard Skateboard’s sales are expected to increase by 15% from $8 million in 2013 to $9.2 million in 2014. Its assets totaled $5 million at the end of 2013. Broussard is already at full capacity, so its assets most grow at the same rate as project..
Finding substantial earnings decreases : Aimed at finding substantial earnings decreases, a random sample of 23 firms with substantial earnings decreases showed that the mean return on assets 3 years previously was 0.058 and the sample standard deviation was 0.055.
Evaluating three contract options : Cedric Benson, a top five draft pick of the Chicago Bears and his agent are evaluating three contract options. In each case there is a signing bonus and a series of payments over the life of the contract. He uses a 10.25 percent rate of return to eva..
Which would be used for activity-based decision making : The reports that follow are from a grocery store. Which report would be used for financial purposes, and which would be used for activity-based decision making? Why?
What will be its dividend payout ratio : Puckett product is planning for $5 million in capital expenditures next year. Puckett’s target capital structure consists of 60% debt and 40% equity. If net income next year is $3 million and Puckett follows a residual distribution policy with all di..
Stock pays no dividend and the riskless rate is positive : Even though the underlying stock pays no dividend and the riskless rate is positive, exhibit a scenario in which early exercising an American put could be more beneficial than holding it till expiry.
How it pays or compensates its employees : Using the internet, find a company that has been in legal trouble for how it pays/compensates its employees and post a link to the article. Why is this so important
Are the non current assets material of the target : Are the Non Current Assets material of the Target and JCPenney and how are they explained? Are there material Intangible Assets of the two companies?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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