Answer 5 Cost Accounting questions. 2-3 paragraphs per question

Jul 4th, 2016
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Reference citation: Bernstein, M. (2002). 10 tips on writing the living Web. A List Apart: For People Who Make Websites, 149. Retrieved from http://www.alistapart.com/articles/writeliving If you have trouble using APA please visit here https://owl.english.purdue.edu/owl/resource/560/01/ Answer the following : 1) Rick White has recently discussed the intent to diversify Swiss Chocolate’s product line with Steve Smith. Smith notes that the new product will be a dark chocolate candy bar featuring various types of dried fruit and a higher percentage of cacao, which will be touted as a heart-healthy product due to high antioxidant nutritional qualities. This differs from the current basic milk-chocolate bar that Swiss Chocolate manufactures presently, which has no added fruit. White has related the fact that the company expects this coming year’s milk-chocolate bar volume to decline and the new product volume to rise. There will be a new machine required to accommodate the new prod

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Question No. 1ADVANTAGESImproves Business ProcessesAn ABC system either allots indirect costs which based on a products cost driver or thecost creating factor. After costs are allotted for per product, an image begins to emerge about thegood and bad performance of the business. Non-valued added activities are recognized by a termABC and for the competent and beneficial activities it helps in better allocation. The continuousimprovement of business processes can be gain by the use of ABC (Horngren, 2015, pg.37).After seeing the success of the fresh product, its supply and volume increased in the market.By recognizing the Wasteful ProductsIt is allowed by The ABC method accounts that the product sell on the similar costs onwhich the production has done, this will help you in understanding about the costs of product.Wasteful products and needless costs are the recognized data, because of that the company canuse its resources productively. With the help of this method, the problem of excessive orincorrect prices of the products or services can be solved (Schaltegger, 2000, pg.18). With thehelp of ABSs data details of the production, the quality of overall product and service can bemade better that need to be resolved. After that for the new product, the realization of profitproduction and resource allocation will become efficient.DISADVANTAGESExpensive ImplementationIf the company wants to set up an ABC system then they have to wait because it is co

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