Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Choose a company in any of the following categories: airline, florist, bookstore, bank, grocery store, restaurant, college, retail clothing shop. In this activity you will

Choose a company in any of the following categories: airline, florist, bookstore, bank, grocery store, restaurant, college, retail clothing shop.

In this activity you will be making reasonable estimates of the types of costs and activities associated with this company; companies do not typically publish internal cost of process information.Be reasonable in your cost estimates and include your assumptions used in selecting costs.

Required:

1.Describe the company selected including its products or service.

2.List 5 activities performed at this company.Choose at least one activity in the areas of production, sales, human resources, and accounting.

3.For each activity, list a potential cost driver for that activity and describe why this cost driver would be appropriate for the associated activity.

please I need a detailed and full explanation

Thank you

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Tools for business decision making

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

6th Edition

978-1119191674, 047053477X, 111919167X, 978-0470534779

More Books

Students also viewed these Accounting questions