Questions from General Accounting

Q: Continuing the example in 10.59, the other option Katy

Continuing the example in 10.59, the other option Katy is exploring is to offer a wider product range including two other specialist bikes: adult mountain bikes and adult road bikes. From her investig...

Q: Barloo Company is a software producer and sales company. Currently,

Barloo Company is a software producer and sales company. Currently, it pays all sales staff on a fixed base salary. Recently, management have been considering switching sales staff across to an incent...

Q: How may an opportunity cost be relevant in an outsourcing decision?

How may an opportunity cost be relevant in an outsourcing decision?

Q: You are the adviser to a junior achievement group in a local

You are the adviser to a junior achievement group in a local high school. You need to help the group make a decision about fees that must be paid to sell gardening tools at the Home and Garden Show. T...

Q: Refresh Company produces plunge pools. Currently, the company uses internally

Refresh Company produces plunge pools. Currently, the company uses internally manufactured pumps to power water jets. Refresh Company has found that 40 per cent of the pumps failed within their 12-mon...

Q: Briefly outline four pricing practices that are illegal in Australia.

Briefly outline four pricing practices that are illegal in Australia.

Q: Discuss the allocation process for indirect costs.

Discuss the allocation process for indirect costs.

Q: Identify two factors that influence pricing decisions.

Identify two factors that influence pricing decisions.

Q: Assess the benefits to an entity of using a costing system.

Assess the benefits to an entity of using a costing system.

Q: Michelle’s Tax Services has two departments, tax and audit. The

Michelle’s Tax Services has two departments, tax and audit. The tax department has two product lines, business returns and individual returns. A list of costs and three cost objects...