Social Media Financial & Managerial Accounting Discussion

User Generated

Enz0319

Business Finance

Description

Chapter 4 - Having learned different kinds of costs and the systems used to accumulate them, what kinds of costs would a social media company like Twitter or Tik-Tok incur? Are there labor, material, and overhead costs? Are there fixed and variable costs and direct and indirect costs? What are the types of services produced by social media companies? And how do the costs incurred relate to the services they generate? (300 words)

TextBook: Managerial Accounting - Creating Value in a Dynamic Business Environment - 12th Edition

Authors: Ronald W. Hilton, David E. Platt

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Final Answer attached. Let me know if you have any question.

Running Head: MANAGERIAL ACCOUNTING

Discussion on the topic from Managerial Accounting
Name
University Name
Program
Date

1

MANAGERIAL ACCOUNTING

2

Kinds of Cost Social Media Incurred
Social media such as Twitter, Facebook, etc. has become an effective and efficient tool
for all businesses to advertise their services products, and brands. Today, social media is a
platform that can easily target customers for businesses across the globe. There are more than a
billion users on social media (Boyd dm, 2007). The main problem face...


Anonymous
Really useful study material!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags