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Unformatted text preview: 8. How can ABC help a firm identify its low cost suppliers? 9. What is driver analysis? What is activity analysis? What is performance analysis? 10. What are the two types of value added activities? 11. Give three examples of a non-value added activity? 12. Identify and define four methods of cost reduction. 13. What are the four types of quality costs that comprise quality cost management? 14. How do you calculate cycle time? Velocity? 15. Calculate activity rates and assign the total design cost of $1,200,000 to each product. Product A 4,000 design hours Product B 2,000 design hours Product C 14,000 design hours...
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- Spring '11
- Managerial Accounting, Cycle Time, $1,200,000