What is the most important organizational benefit derived from the selection of an effective cost driver?
Question:
What is the most important organizational benefit derived from the selection of an effective cost driver?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
The most important organizational benefit derived from the selection of an effective cost driver is improved cost allocation accuracy Importance of Ef...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Gapenski's Healthcare Finance An Introduction To Accounting And Financial Management
ISBN: 9781640551862
7th Edition
Authors: Kristin L. Reiter, Paula H. Song
Question Posted:
Students also viewed these Business questions
-
Read the following article and answer the questions below: Building Competitive Advantage Through People Magazine: Winter 2002Research Feature January 15, 2002 Reading Time: 23 min Christopher A....
-
Identify the process evaluation article that you chose and explain why you selected this example. Describe the purpose of the evaluation, the informants, the questions asked, and the results of the...
-
Ryanair is one of the leading airline companies in Europe. This airline company is known for its low-cost and high-quality service. It "operates more than 1,400 flights per day from 44 bases and...
-
Why do we need to calculate beginning Retained Earnings and beginning NCI when preparing consolidated financial statements using the worksheet method.
-
By what % is the radius of 23892U greater than the radius of 23592U?
-
Audrey Campbell, CPA, has audited the financial statements of the Grimm Company for several years. Grimm's president has now asked Campbell to install an inventory control system for the company....
-
Many real-world systems (e.g., electric power transmission, transportation, telecommunications, and manufacturing systems) can be regarded as capacitated-flow networks, whose arcs have independent...
-
Given the following information, prepare in good form an income statement for Jonas Brothers Cough Drops. Selling and administrative expense $ 328,000 Depreciation expense 195,000 Sales 1,660,000...
-
A 5-year Treasury bond currently offers a 4% rate of return. A 6-year Treasury bond offers a 34% rate of return. The inflation rate in fifth year is 90 % Under the expectations theory, what rate of...
-
What are the advantages of changing from a poor cost driver to a better one?
-
What are the two properties of an effective cost driver?
-
Suppose you are considering whether Portfolios A, B, and C presented in Table 13.1 should be included in a broader master portfolio. Should you select one, two, or all three of these portfolios to...
-
Low Desert Pottery works makes a variety of pottery products that it sells to retailers. The company uses a job-order costing system in which departmental predetermined overhead rates are used to...
-
ASSESSMENT CPCCBC5002A Monitor costing systems on medium rise building and construction projects Please provide answer to Part 2 - Monitor expenditure for a medium-rise project as per below...
-
Questions 6-8 refer to the same problem A sinusoidal wave with wavelength 2 m and amplitude 5 mm is traveling along the x axis. The wave is traveling in the -x direction at a speed of 2m/s At t = Os,...
-
Consider a circuit where one or more capacitors is discharged through a light bulb filament with a resistance of 3.0 0.3 . Assume that the resistance of the filament is constant (to within the stated...
-
3. For a vibrating string of length with fixed ends, each mode of vibration can be written as where wk ux(x, t) = M* sin(wxt + k) sin(x) and Mk, Ok are determined by initial conditions. For all k >...
-
If your employer offered you an option to join an HMO, would you be interested? Why or why not?
-
In the operation of an automated production line with storage buffers, what does it mean if a buffer is nearly always empty or nearly always full?
-
Define each of the following terms: a. Capital budgeting; regular payback period; discounted payback period b. Independent projects; mutually exclusive projects c. DCF techniques; net present value...
-
Refer to Problem 10-1. What is the projects IRR? Data From Problem 10-1: A project has an initial cost of $52,125, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of...
-
Start with the partial model in the file Ch10 P23 Build a Model.xls on the textbooks Web site. Gardial Fisheries is considering two mutually exclusive investments. The projects expected net cash...
-
Green Lawn Company sells garden supplies. Management is planning its cash needs for the second quarter. The following information has been assembled to assist in preparing a cash budget for the...
-
eBook Question Content Area Comparison of Methods of Allocation Duweynie Pottery, Inc., is divided into two operating divisions: Pottery and Retail. The company allocates Power and General Factory...
-
TYBALT CONSTRUCTION Income Statement For Year Ended December 31 TYBALT CONSTRUCTION Income Statement For Year Ended December 31
Study smarter with the SolutionInn App