Posted: December 17th, 2014

Cost accounting

Cost accounting

Project description
The management of JBI notes that cost accuracy is crucial for product pricing and customer retainment. You have been asked to address the following issues in your report:

1. Use the information in the case,including Exhibit1 and 2 and any other necessary data on activities and costs to propose a more relevant costing system for JBI. Use the costing system you have proposed to allocate JBIs overhead costs.

2. Explain the differences in the assumptions between JBIs current costing system and the costing system you have recommended in (B.1) above.

3. Use the costing system information calculated in (B.1) above to estimate customer profitability for Saver Superstore, Oscars OddLots, Midwellen Supermarket, and Downtown Retail.

4.Compare the costs and profit per customer you have calculated using your recommended costing system (B.3) and the estimated costs using JBIs current costing system:

a.What causes the two costing systems to provide different cost estimates?

PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT 🙂