Respond to the required questions, double-spaced, APA format (source citations and reference insertions) essay (Each Question). In each Module Discussion, you must use at least three (3) references...

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Respond to the required questions, double-spaced, APA format (source citations and reference insertions) essay (Each Question).



In each Module Discussion, you must use at least three (3) references (in text), including the textbook (included below). Please list the references right after each Module Discussion.




Textbook reference:


Managerial Accounting: Decision Making and Motivating Performance- Text Only: Datar, S.


M., & Rajan, M. V. (2014). Managerial accounting: making decisions and motivating performance.


Boston: Pearson. ISBN: 9780137024872



(This Assignment Box maybe linked to Turnitin.)




Respond to the required questions, double-spaced, APA format (source citations and reference insertions) essay (Each Question). In each Module Discussion, you must use at least three (3) references (in text), including the textbook (included below). Please list the references right after each Module Discussion. Textbook reference: Managerial Accounting: Decision Making and Motivating Performance- Text Only: Datar, S. M., & Rajan, M. V. (2014). Managerial accounting: making decisions and motivating performance. Boston: Pearson. ISBN: 9780137024872 (This Assignment Box maybe linked to Turnitin.) 100 Words: Module 4 Discussion - Activity-based Costing (ABC) "Activity-based costing is the wave of the present and the future. All companies should adopt it." Do you agree? Explain. 100 Words: Module 5 Discussion - Customer-profitability Profile "It is not important for a company to distinguish between cost incurrence and locked-in costs." Do you agree? Explain with the use of appropriate examples. 100 Words: Module 6 Discussion - Contribution Margin Per Unit "Companies should focus on financial measures of quality because these are the only measures of quality that can be linked to bottom-line performance." Do you agree? Explain with the use of at least two appropriate examples. 100 Words: Module 7 Discussion - Capital Budgeting (Core Value Assessment) Capital budgeting is very important in cost and management accounting. Discuss the importance of integrity in the capital budgeting process with the use of appropriate examples. 100 Words: Module 8 Discussion - Budgeted Performance vs. Past Performance "Budgeted performance is a better criterion than past performance for judging managers." Do you agree? Explain with appropriate examples.
Answered Same DayMay 24, 2021

Answer To: Respond to the required questions, double-spaced, APA format (source citations and reference...

Pallavi answered on May 25 2021
138 Votes
Module 4
Activity based costing is the process whereby the cost of each activity is being determined for the products and services delivered as per their r
espective consumption rate. In the traditional approach, the manufacturing overhead costs have been allocated to all the products and services as per the machine hours. However, activity based costing provides proper allocation of overhead costs to each product efficiently thereby delivering a clear picture of the cost of each product and services. This method helps management to interrelate the relationship between the activities undertaken and their respective cost allocation of each product. In activity based costing there are separate cost drivers for each activity that helps us to allocation of each cost separately. Hence, all companies should adopt this method appropriately.
References
VJ Shea, BE Waldrup, H Xu, 2018, Activity Based Costing in Small Business, Quarterly Review of Business Disciplines, Volume 5
KE French, AB Guzman, 2016, Healthcare, Elsevier
S Akhavan, L Ward, 2016, Time Driven Activity Based Costing More Accurately Reflects Costs in Arthroplasty Surgery, SpringerLink
Module 5
“It is not important for a company to distinguish between cost incurrence and locked in cost”. This statement is incorrect. Cost incurrence refers to the amount of cost incurred when an entity enrols for any economic resources that deliver benefits to the entity. Locked in costs refers to that costs which has not yet been incurred but would likely to incur depend on the decision...
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