Which type of cost center has a planning focus, and which type has an evaluation focus?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

See More Books

Question Posted: Apr 18, 2013 06:07 AM

See More Questions

Which type of cost system, process or job order, would be best suited for each of the following: (a) TV assembler, (b) Building contractor, (c) Automobile repair shop, (d) Paper manufacturer, (e)...
A manager has just received an evaluation from an analyst on two potential forecasting alternatives. The analyst is indifferent between the two alternatives, saying that they should be equally...
A manager has just received an evaluation from an analyst on two potential forecasting methods. The analyst is indifferent between the two methods, saying that they should be equally accurate and in...
c++. error: array must be initialized with a brace enclosed initializer main.cpp X 10 11 ii 12 13 14 4567 15 16 17 18 19 287288285 20 21 23 24 25 26 27 28 25285922223288 30 31 33 34 36 37 40 41 42 43...
Acid-catalyzed dehydration of 2,2-dimethyl-1-hexanol gave a number of isomeric alkenes including 2-methyl-2-heptene as shown in the following formula. (a) Write a stepwise mechanism for the formation...
Obj. 2,4 PR 6-5B Periodic inventory by three methods Pappa's Appliances uses the periodic inventory system. Details regarding the inventory of appli are summarized as follows: ances at January 1,...
Which Models Can Help Us Understand the Dynamics of Change? (pp. 235237)
The Lane Company was incorporated in 2001. Because it had become successful, the company established a defined benefit pension plan for its employees on January 1, 2010. Due to the loyalty of its...
Forward Premium. Compute the forward discount or premium for the Mexican peso whose 90-day forward rate is $.102 and spot rate is $.10. State whether your answer is a discount or premium.
Reported Forecast Horizon Period 2019 $ millions 2018 Sales NOPAT NOA $75,906 3,269 23,570 Terminal Period 2020 2021 2022 $79,124 $83,630 $87,234 $92,146 $93,428 3,952 3,572 4,301 3,939 4,567 24,197...
Can the marketing department be both a revenue center and a cost center? Explain.
What is the role of risk preference in performance evaluation?
Refer to Exercise 2. a. Find the probability that the proportion of graduates who pass the test is at most 0.20 higher than the proportion of dropouts who pass, assuming that the researchers report...
Hackett Produce Supply is preparing its cash budget for April. The following information is available: Estimated credit sales for April Actual credit sales for March Estimated collections in April...
006 10.0 points A pendulum clock was moved from a location where g = 9.8168 m/s to another location where 9 9.806 m/s. During the move, g = the length of the clock's pendulum did not change;...
6-3x 2 Problem 6. (a) Find L So 6-3x-2y 3 2 dz dy dx. (b) Find the limits of integration. No need to find the integral. dx dz dy. Hint: The plane in the image is given by 3x + 2y + 3z = 6. 2.0 1.5...
Question Under what scale of measurement(s) can we say that : Jim weighs 4X as much as Edie? Sam is heavier than Sue? Jim and Sam don't weigh the same? Jim is much heavier than Sam, but Mary is only...
Lender Company provides postretirement health care benefits to employees who provide at least 10 years of service and reach the age of 65 while in service. On January 1 of the current calendar year,...
The statement of cash flows is used for decision making by (pp. 795-796) a. Reporting where cash came from and how it was spent b. Indicating how net income was earned c. Giving the ratio...
a) Calculate the goodwill that was paid by Major Ltd on the acquisition of Minor Ltd. [10 marks] b) Prepare the consolidated statement of financial position for Major Ltd at 31 July 20X8. [30 marks]...
Explain what a mandatorily redeemable preference share (MRPS) is. What is the accounting principle underlying the treatment of mandatorily redeemable preference shares?
A group of students decided to lease and run a gasoline service station. The lease is for 10 years. Almost immediately the students were on fronted with the need to alter the gasoline pumps to read...
Pollution control equipment must be purchased to remove the suspended organic material from liquid being discharged from a vegetable packing plant. Two alternative pieces of equipment are available...
The City of Columbia is trying to attract a new manufacturing business to the area. It has offered to install and operate a water pumping plant to provide service to the proposed plant site. This...
How do warehouses and distribution centers differ? What is cross-docking and why might a company choose to cross-dock a product? What kinds of products can be delivered electronically? What kinds...
Strawberry Inc. has historically been an all-equity firm. The analyst expects EBIT to be $1.5B in perpetuity starting one year from now. The cost of equity for the company is 11.5% and the tax rate...
Guzman company received a 60- day, 5 % note for 54,000 dated July 12 from a customer on account. Determine the due date on note. Determine the maturity value of the note and journalize the entry of...

Which type of cost center has a planning focus, and which type has an evaluation focus?

Question:

Step by Step Answer:

The discretionary cost center has a planning focus since it is used wh...View the full answer

Cost management a strategic approach

Students also viewed these Management Leadership questions