Project #122136 - Six Questions

This assignment reinforces information in your textbook and concepts presented in this unit. Your responses should be thorough, well-conceived college-level responses that are grammatically correct. Please write your answers in complete sentences. You must justify your responses with facts and details from the readings, with your opinions and with your conclusions and interpretations. It is recommended that you work through this assignment as you complete your reading assignment.

Due Date: You must complete this assignment by midnight Sunday of this week.

  1. What percentage of costs are variable? How does volume affect variable costs?
  2. What are four major categories of costs?
  3. What are two problems associated with assigning indirect costs to departments?
  4. What are the three methods of cost allocation? What is the best method?  Why? (Please make sure you explain your rationale.)
  5. What is the role of strategic planning in the budgeting process?  How does it differ from tactical and operation planning?
  6. What is the correlation between planning, budgeting and control?

Grading Criteria: You will be graded on the accuracy and thoroughness of your responses.

Subject Business
Due By (Pacific Time) 04/28/2016 09:00 am
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