A number of terms are listed below: Composite unit Market-share Sales-quantity Customer profitability analysis Market-size Standalone Incremental
Question:
A number of terms are listed below:
Composite unit
Market-share
Sales-quantity
Customer profitability analysis
Market-size
Standalone
Incremental
Sales-mix
Product bundles
Required
Select the terms from the above list to complete the following sentences.
To satisfy their customers' value proposition and benefit from economies of scale, companies often create customized ______________ from individual products. This is also called a _____________. The decision the management team needs to make is how to allocate the bundled revenue to each component of the bundle. There are two methods: _________ and __________ revenue allocation. In combination with ABC systems, the management team can examine detailed variance reports of ________, ______________, ______________, and __________ variance. This informs the team how well they are implementing their strategy. The team can also use the customer as cost object in an ABC system and conduct a _____________________ to determine whether to drop or add customers, stores, or branches to improve profit.
Step by Step Answer:
Cost Accounting A Managerial Emphasis
ISBN: 978-0133138443
7th Canadian Edition
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham