Activity based costing attempts to: a. turn direct costs into indirect costs by tracking the cost drivers behind direct costs. b. turn indirect costs into direct costs by tracking the cost drivers behind indirect costs. c. correct the distortions built into product costing by the way that direct costs are allocated. d. correct the distortions built into product costing by the way that the learning curve is applied to direct labor costs. e. introduce a new way to allocate direct costs that more accurately captures labor and material usage.

To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.

Adecision is made at the margin when each alternative considers