Responsibility Accounting and Management Decisions. Three managers make all major decisions in your company about factors that
Question:
Responsibility Accounting and Management Decisions.
Three managers make all major decisions in your company about factors that affect expenses incurred by the company. Jay Marking handles all marketing activities and is responsible for all marketing costs. Drew Anderson handles manufacturing and has responsibility for all costs related to that activity. Finally, Mary Whitmire, company president, manages the company and has responsibility for administrative and support functions. The company does all manufacturing in its single plant in Gallatin, Tennessee, and all its employees work in this facility.
Required:
Write the first name (Jay, Drew, or Mary) of the individual to charge with responsibility for each of the following expenses incurred by the company during the past month.
Raw materials used in manufacturing.
Advertising material purchased to promote sales.
Weekly payroll for the manufacturing operations.
Cost of paper used in data processing operations.
Cost of repairing a machine in the factory.
Cost of replacing several factory windows broken in a recent storm.
ShN}Poaatdee e n:a Coslt oif fl ying a salesman to call on a customer.
LO.1
Step by Step Answer:
Cost Accounting A Decision Emphasis
ISBN: 9780873939126
4th Edition
Authors: Germain B. Boer, William L. Ferrara, Debra C. Jeter