managerial accounting chapter 11

Please complete Quick Study as follows: 1) In each blank next to the following terms, place the identifying letter of its best description: 1) Cost center An performance measurement that seeks to analyze both 2) Investment center financial and nonfinancial measures of success. 3) Departmental accounting system A performance measure that seeks to analyze the financial 4) Balanced Scorecard success of an investment center. 5) Profit center Incurs costs and also generates revenues. 6) Responsibility accounting system Provides information used to evaluate the performance of a 7) Return on investment department Incurs costs without directly yielding revenues. Provides information used to evaluate the performance of a department manager. Holds manager responsible for revenues, costs, and investments. 2) For each of the following types of traceable expenses that need to be allocated to various departments, identify one allocation basis that could be used to distribute it to the departments indicated. 1) Computer service expenses of production scheduling for operating departments, 2) General office department expenses of the operating departments. 3) Maintenance department expenses of the operating departments, a) Electric illis expenses o al departments 4) Electric utility expenses of all departments