Question
Examine the Managerial Accounting Cost Allocation and Classification table found below. After examining the table, using Microsoft Excel, classify each of these costs according to
Examine the Managerial Accounting Cost Allocation and Classification table found below.
After examining the table, using Microsoft Excel, classify each of these costs according to its place in the value chain (R&D, Design, Production, Marketing, Distribution, or Customer Service). (Hint: You should have at least one cost in each value chain function.) 1. Within the production category, break the costs down further into three subcategories: Direct Materials, Direct Labor, and Manufacturing Overhead. 2. Compute the total costs for each value chain category. 3. How much are the total product costs? 4. How much are the total prime costs? 5. How much are the total conversion costs?
Delivery expense to customers via UPS S 9 Salaries of salespeople $4 Chipset (the set of chips used on a phone's motherboard) $56 Exterior case for phone S6 Assembly-line workers' wages S8 Technical customer support hotline $ 5 S5 Depreciation on plant and equipment $60 Rearrangement of production process to accommodate new robot S3 1-800 (toll-free) line for customer orders $1 Salaries of scientists who developed new model $10
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