Pine and Danner is an architectural firm that is contemplating the installation of activity-based costing. The following activities are performed daily by staff architects. Classify these activities as value-added or non-value-added: (a) designing and drafting, 3 hours; (b) staff meetings, 1 hour, (c) on-site supervision, 2 hours; (d) lunch, 1 hour; (e) consultation with client on specifications, 1.5 hours; and (f) entertaining a prospective client for dinner, 2 hours.
Pine and Danner is an architectural firm that is contemplating the installation of activity-based costing. The following activities are performed daily by staff architects. Classify these activities as value-added or non-value-added: (a) designing and drafting, 3 hours; (b) staff meetings, 1 hour, (c) on-site supervision, 2 hours; (d) lunch, 1 hour; (e) consultation with client on specifications, 1.5 hours; and (f) entertaining a prospective client for dinner, 2 hours.
Pine and Danner is an architectural firm that is contemplating the installation of activity-based costing. The following activities are performed daily by staff architects. Classify these activities as value-added or non-value-added: (a) designing and drafting, 3 hours; (b) staff meetings, 1 hour, (c) on-site supervision, 2 hours; (d) lunch, 1 hour; (e) consultation with client on specifications, 1.5 hours; and (f) entertaining a prospective client for dinner, 2 hours.
Nitin Sweets believes its advertising expenditures are too high and wants to cut $600,000 from the budget. Management estimates that this decision will result in a loss of 12,000 units in sales. If the gross margin per unit is $50, does cutting the advertising budget make sense?
Cutting the advertisement budget make sense?
Please given solution general accounting
Chapter 4 Solutions
Managerial Accounting: Tools for Business Decision Making
Business Essentials (12th Edition) (What's New in Intro to Business)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.