Why are value-added activities defined from a customer viewpoint?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (12 reviews)
Valueadded activities are defined from the customers perspective because it is the customer who ...View the full answer
Answered By
Joemar Canciller
I teach mathematics to students because I love to share what I have in this field.
I also want to see the students to love math and be fearless in this field.
I've been tutoring these past 2 years and I would like to continue what I've been doing.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
Question Posted:
Students also viewed these Managerial Accounting questions
-
From the viewpoint of the customer, what are the advantages and disadvantages to the opt-in versus the opt-out approaches to collecting personal information? From the viewpoint of the organization...
-
From the viewpoint of the customer, what are the advantages and disadvantages to the opt-in versus the opt-out approaches to collecting personal information? From the viewpoint of the organization...
-
Value added activities increase the perceived worth of a product or service to customers. involve those activities that are essential to a company s operations. include engineering design, machining,...
-
On a summer day at Muscat area, the typical average outdoor temperature is 35 degrees Celsius. For the indoor temperature of a house to be kept constant a temperature of 24 degrees Celsius, the rate...
-
Alistair Software had the following selected account balances at December 31, 2016 (all numbers and amounts are in thousands, except par value per share):...
-
Use Kirchhoffs second law to deduce the p.d. across the resistor of resistance R in the circuit shown in Figure 9.10, and hence find the value of R. (Assume the battery of e.m.f. 10 V has negligible...
-
This project demonstrates how Excel can be used to create a variety of useful documents for small businesses. a. Read the article A Do-It-Yourself Automated Invoicing System, by Jacob M. Rose, which...
-
On June 10, Meredith Company purchased $8,000 of merchandise from Leinert Company, FOB shipping point, terms 2/10, n/30. Meredith pays the freight costs of $400 on June 11. Damaged goods totaling...
-
What is the profitability index of a project that costs $8,000 and provides cash flows of $2,000 in years 1 and 2 and $4,000 in years 3 and 4? The discount rate is 8%. (Do not round intermediate...
-
(a) Find a 2 x 3 system Ax b whose complete solution is x = + w 2 Solution: (b) Now find a 3 x 3 system which has these solutions exactly when b1 + b2 + b3 = 0. (Note: b = [b, b2 b3]".) Solution:
-
What is activity analysis, and how is it used with cost driver analysis to manage costs?
-
In a televised football game, what activities are value-added? What activities are non-value- added? Would everyone agree with your choices? Why or why not?
-
Ababuo & Co. owns vast amounts of corporate bonds. Suppose Ababuo & Co. buys $900,000 of FelixCo bonds at face value on January 2, 2025. The FelixCo bonds pay interest at the annual rate of 5% on...
-
Aramis Company purchased a computer on June 3 0 , 2 0 1 8 for P 2 1 0 , 0 0 0 . The computer has a salvage value of P 1 0 , 0 0 0 and useful life of six years. Using the double - declining balance...
-
One aspect of the module focused on Okun's Law, which describes the relationship between Real GDP growth and the change in the unemployment rate and may be approximated as follows: Real GDP Growth =...
-
Cori\'s Dog House is considering the installation of a new computerized pressure cooker for hot dogs. The cooker will increase sales by $ 9 , 5 0 0 per year and will cut annual operating costs by $ 1...
-
A 30-kVA 8000/230-V distribution transformer has an impedance referred to the primary of 20 j100 S. The components of the excitation branch referred to the primary side are RC- 100 k and XM-20 k? (a)...
-
4. Consider the two sinusoidal signals X1(t)=3cos(at + /2) and X2(t)=(3+j2)cos(wt). Let P(t) be the sum of the two signals i.e., P(t)=x1(t)+x2(t). Use only the method of phasor representation to: (a)...
-
Sisco worked as a tow truck driver for Quicker Recovery, a towing company in Oregon that had a contract to provide towing services for a municipal police department. The contract required Quicker to...
-
Briefly discuss the implications of the financial statement presentation project for the reporting of stockholders equity.
-
What is the degree of operating leverage? How is it computed?
-
What were the dollar amounts of change and the percentage of each change in Majestic Mountain Lodge's net working capital during 2016 and 201*5? Is this trend favorable or unfavorable? 2015 $643,260...
-
Prepare a horizontal analysis of the comparative income statements of Connor Music Co. Round percentage changes to the nearest one-tenth percent (three decimal places). Connor Music Co. Comparative...
-
Compute trend percentages for Sagamore Valley Sales & Service's total revenue and net income for the following five-year period, using year 0 as the base year. Round to the nearest full percent....
-
When using audit software related to verify inventory, these procedures could include: Looking for sales and purchases with the exact same invoice number Joining the inventory master file and...
-
1 0 ) If you need $ 4 , 8 0 0 in 6 years, and can earn a return of 8 % per year, how much should you invest today? A ) $ 3 , 0 2 4 . 8 1 B ) $ 2 , 6 9 3 . 7 2 C ) $ 8 0 0 . 0 0
-
A supermarket engaged an accounting practice to design the chart of accounts. In creating the chart of accounts, the practice would most probably include Question 6 options: 1) a list of vendors. 2)...
Study smarter with the SolutionInn App