1-

You and your boss have just attended a presentation by the consulting firm Always Better Costing which explained how every organisation can benefit from adopting activity-based costing? Your boss is very keen to proceed with activity-based product costing. How would you advise her?(7.5 mark)

2-

Evans in the paint shop of the Oakland Car Company. The OCC manufactures car for the domestic and export markets. Jim is the manager of the Finishing Department, which includes the paint shop. It is the end of the first week in May 2023, when Jim approaches Evans for help in explaining financial variances. Evans looked at the financial reserves commented. They are not worth the paper they're written on. We need senior management to understand when they introduce some decent measures, they'll start to get some recent results.

Required

Outline the major criticism of standard costing variance as a measure of performance and suggest some alternate performance measure for the Finishing department that might be useful. (05 +05 = 10 marks)

3-

Describe the Kaplan and Norton Balanced Scorecard approach to performance measurement.(7.5 marks)

note;- send me clear and short answer word limit is 250-300 and ASAP