Cost Accounting (15th Edition)
Cost Accounting (15th Edition)
15th Edition
ISBN: 9780133428704
Author: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
Publisher: PEARSON
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Chapter 12, Problem 12.38P

1.

To determine

To identify: Whether the strategies in 2013 are implemented successfully.

2.

To determine

To identify: Whether to include the measure of developing innovative services in the internal-business-process perspective.

3.

To determine

To identify: Whether there is cause and effect linkage between the internal-business-process perspective and the customer perspective.

4.

To determine

To identify: The reason to include employee safety and community engagement and the performance of company on these measures.

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Horngren's Financial & Managerial Accounting: The Managerial Chapters,  8th Edition E-M:10-12 Making pricing decisions  Sufyan Builders builds 1,500-square-foot starter tract homes in the fast-growing suburbs of Atlanta. Competition among developers is fierce. The homes are a standard model, with any upgrades added by the buyer after the sale. Sufyan Builders’ costs per developed sublot are as follows:Land                         $  59,000Construction              124,000Landscaping                  6,000Variable selling costs     5,000 Sufyan Builders would like to earn a profit of 14% of the variable cost of each home sold. Similar homes offered by competing builders sell for $208,000 each. Assume the company has no fixed costs. Questions:1. Which approach to pricing should Sufyan Builders emphasize? Why? 2. Will Sufyan Builders be able to achieve its target profit levels? 3. Bathrooms and kitchens are typically the most important selling features of a home. Sufyan Builders could…
Can you provide a detailed solution to this financial accounting problem using proper principles?
Please explain the solution to this general accounting problem with accurate explanations.
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