HORNGREN COST ACCT NON-MAJORS W/ACCESS
HORNGREN COST ACCT NON-MAJORS W/ACCESS
17th Edition
ISBN: 9781323703748
Author: Datar
Publisher: Pearson Custom Publishing
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Textbook Question
Chapter 1, Problem 1.22E

Planning and control decisions. Gregor Company makes and sells brooms and mops. It takes the following actions, not necessarily in the order given. For each action (a–e), state whether it is a planning decision or a control decision.

  1. a. Gregor asks its advertising team to develop fresh advertisements to market its newest product.
  2. b. Gregor calculates customer satisfaction scores after introducing its newest product.
  3. c. Gregor compares costs it actually incurred with costs it expected to incur for the production of the new product.
  4. d. Gregor’s design team proposes a new product to compete directly with the Swiffer.
  5. e. Gregor estimates the costs it will incur to distribute 30,000 units of the new product in the first quarter of next fiscal year.
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Planning and control decisions. Gregor Company makes and sells brooms and mops. It takes the following actions, not necessarily in the order given. For each action, state whether it is a planning decision or a control decision. Gregor asks its advertising team to develop fresh advertisements to market its newest product. Gregor calculates customer satisfaction scores after introducing its newest product. Gregor compares costs it actually incurred with costs it expected to incur for the production of the new product. Gregor’s design team proposes a new product to compete directly with the Swiffer. Gregor estimates the costs it will incur to distribute 30,000 units of the new product in the first quarter of next fiscal year.
Duncan’s Pizzas is a chain of pizza stores. Pizzas are made fresh in-store, and then delivered tocustomers by a fleet of drivers. The senior management team has identified the strategic priorities forthe business as on-time delivery and product quality. Question: If the company is successful in achieving challenging targets for these performance measures, willit also necessarily achieve high profitability? Explain your answer.
Requirement 2. For each​ decision, select what information the management accountant can provide about the source of competitive advantage for these firms.   a. For a running shoe​ manufacturer's decision of whether to purchase leather from a cheaper​ supplier, management accountants can provide the following​ information: ​(Complete all input​ fields.)         b. For an office supply​ store's decision of whether to a delivery service that its competitors do not​ have, management accountants can provide the following​ information: ​(Complete all input​ fields.)         c. For a regional​ retailer's decision of whether to install​ self-check-out counters, management accountants can provide the following​ information: ​(Complete all input​ fields.)         d. For a local​ florist's decision of whether to hire a horticulture specialist to help customers with gardening​ questions, management accountants can…

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HORNGREN COST ACCT NON-MAJORS W/ACCESS

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