PLZ HELP IT IS DUE SOON

1-13

How does cost accounting help determine an organizations strategy?

What problems might arise from a faulty cost accounting system?

1-16

"Goodyear Tire produced tires at plants and sold to consumers in many outlets including auto parts retail chains such as Pep Boys. Both Goodyear and Pep Boys need to calculate the cost of a tire for, among other things, determining the cost of goods sold and inventory balances for financial statements. What are some important differences in determining the cost of tires for the two companies?"

2-16

"Materials and labor are always direct costs, and supply costs are always indirect." What is your opinion of this statement?

2-25

The dean of Midstate University Business School is trying to understand the costs of the school's two degree programs: BBA and MBA. The dean asks you for recommendations on how to allocate the costs of the following services, which are used by students in both programs: cafeteria, library, and career placement. How would you respond?

3-16 "The assumptions of CVP analysis are so simplistic that no firm would make a decision based on CVP alone. Therefore, there is no reason to learn CVP analysis." Comment.

3-18 Consider a class in a business school where volume is measured by the number of students in the class. Would you say the operating leverage is high or low? Why?