For each of the following activities, explain which of the objectives of managerial accounting activity is

involved. In some cases, several objectives may be involved.

1. Developing a bonus reward system for the managers of the various offices of the

AAA

(

American

Automobile Association

)

Travel Agency

.

2. Comparing the actual and planned cost of a consulting engagement completed by an engineering firm

such as

Allied Engineering

.

3. Determining the cost of manufacturing a tennis racket at

Wilson Sporting Goods

.

4. Measuring the cost of the inventory of digital cameras on hand in a

Best Buy

store.

5.

Estimating the annual operating cost of a newly proposed

Wells Fargo

branch bank.

6.

Measuring the following operating costs incurred during one month in a

Hyatt Regency

hotel:

1

Wages of table-service personnel.

2

Property taxes.

7.

Comparing a

Sheraton Hotel's

room rate structure, occupancy rate, and restaurant patronage with industry

averages.