A number of terms are listed below: Composite unit Market-share Sales-quantity Customer profitability analysis Market-size Standalone Incremental

Question:

A number of terms are listed below:

Composite unit

Market-share

Sales-quantity

Customer profitability analysis

Market-size

Standalone

Incremental

Sales-mix

Product bundles

Required

Select the terms from the above list to complete the following sentences.

To satisfy their customers' value proposition and benefit from economies of scale, companies often create customized ______________ from individual products. This is also called a _____________. The decision the management team needs to make is how to allocate the bundled revenue to each component of the bundle. There are two methods: _________ and __________ revenue allocation. In combination with ABC systems, the management team can examine detailed variance reports of ________, ______________, ______________, and __________ variance. This informs the team how well they are implementing their strategy. The team can also use the customer as cost object in an ABC system and conduct a _____________________ to determine whether to drop or add customers, stores, or branches to improve profit.

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Related Book For  book-img-for-question

Cost Accounting A Managerial Emphasis

ISBN: 978-0133138443

7th Canadian Edition

Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham

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