View the video: Cold Stone Creamery This video demonstrates how Cold Stone Creamery uses activity-based costing analysis to determine the price of the product that reflects the costs of required activities, ingredients, and time to make a batch of ice cream. Cold Stone Ice Cream?s large statistical database traces costs to activities and facilitates assigning these costs to products. This is extremely important due to the tight margins of its products that do not allow any waste of ingredients, time, or energy. The video demonstrates the importance of analyzing activities and assigning costs to these activities that reflect not only direct costs but also overhead costs. Please respond to the following Discussion Board topics. Take time to review the responses of your classmates and provide your feedback. What is the difference between effectiveness and efficiency? If five people from the same organization calculated manufacturing cycle efficiency for a specific process, would each compute the same MCE? Why or why not? What is service cycle efficiency generally a higher percentage than MCE?

Unit 3 Discussion Throughout this course, many discussion opportunities come up where you need to respond to other people's opinions and comments. Then respond to your Discussion topic after you have completed your reading. View the video: Cold Stone Creamery This video demonstrates how Cold Stone Creamery uses activity-based costing analysis to determine the price of the product that reflects the costs of required activities, ingredients, and time to make a batch of ice cream. Cold Stone Ice Cream's large statistical database traces costs to activities and facilitates assigning these costs to products. This is extremely important due to the tight margins of its products that do not allow any waste of ingredients, time, or energy. The video demonstrates the importance of analyzing activities and assigning costs to these activities that reflect not only direct costs but also overhead costs. Please respond to the following Discussion Board topics. Take time to review the responses of your classmates and provide your feedback. Topic 1: What is activity analysis, and how is it used with cost driver analysis to manage costs and increase profits? Why are value-added activities defined from a customer viewpoint? How does Cold Stone use activity analysis? Provide examples of how could their analysis be expanded. Topic 2: What is the difference between effectiveness and efficiency? If five people from the same organization calculated manufacturing cycle efficiency for a specific process, would each compute the same MCE? Why or why not? What is service cycle efficiency generally a higher percentage than MCE