Last Updated 03 Sep 2020

Siemens: Cost and Activity-based Costing Objectives

Category Siemens
Essay type Research
Words 240 (1 page)
Views 120
Table of contents

 Activity-Based Costing Objectives

  1. Computation of product costs using ABC
  2. Order custom essay Siemens: Cost and Activity-based Costing Objectives with free plagiarism report

    GET ORIGINAL PAPER
  3. Understand the role of judgment: how are cost pools and cost drivers determined?
  4. Link cost data to strategic choices Game Plan & Class Pedagogy Case discussion. Reading Assignment CP: Siemens Electric Motor Works Class Preparation Questions Focus your group’s attention on the qualitative questions (1 -6). Attempt to answer questions 7 and 8 before coming to class, but don’t invest excessive time on this task, as we will work through the computational issues together in class.

Thinking about the issues and the costing approaches should take precedence over “getting the right numbers. ”

  1. What were the competitive conditions facing EMW in the late 1970s?
  2. What change in strategy did EMW’s managers undertake in response to these conditions?
  3. How did EMW’s new strategy change the way products were manufactured?
  4. Describe the 1970s costing system at EMW.
  5. Describe the 1980s costing system (PROKASTA) at EMW.
  6. How do the two systems differ in their treatment of costs for order processing and special components?
  7. Calculate the cost of the five orders in Exhibit 4 under the traditional and PROKASTA cost systems. Hint: first compute the PROKASTA costs of processing an order and handling a special component
  8. Compare traditionally and PROKASTA costs for Motor A in Exhibit 4 if 1 unit, 10 units, 20 units, or 100 units are ordered.
  9. If you were a manager at EMW, how might you use the new cost system to make better
Siemens: Cost and Activity-based Costing Objectives essay

This essay was written by a fellow student. You can use it as an example when writing your own essay or use it as a source, but you need cite it.

Get professional help and free up your time for more important courses

Starting from 3 hours delivery 450+ experts on 30 subjects
get essay help 124  experts online

Did you know that we have over 70,000 essays on 3,000 topics in our database?

Cite this page

Explore how the human body functions as one unit in harmony in order to life

Siemens: Cost and Activity-based Costing Objectives. (2018, Jan 20). Retrieved from https://phdessay.com/siemens-cost-and-activity-based-costing-objectives/

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Save time and let our verified experts help you.

Hire writer