Predict the manner in which a company would absorb the certified cost or pricing data expense....

Predict the manner in which a company would absorb the certified cost or pricing data expense. Give two to three (2-3) examples of instances where companies have absorbed the certified cost or pricing data expenses similarly to your prediction above. Speculate on what the manner in which the existing companies absorbed the certified cost or pricing data expenses bodes for the future of your company.

Expert Solution

ekkarill92 answered 2 years ago

What are the distinctions between the certified cost and pricing data and information other than cost...

What are the distinctions between the certified cost and pricing data and information other than cost or pricing data?

Can the Government pursue defective pricing as a result of a cost or pricing data submitted...

Can the Government pursue defective pricing as a result of a cost or pricing data submitted by a prospective subcontractor, even though the subcontract was awarded to another firm? If a contract is under-priced because the cost or pricing data were not accurate, complete, or current, is the contractor due an increase in contract price?

Using the data below, what percentage of data would you predict would be between 25 and...

Using the data below, what percentage of data would you predict would be between 25 and 50 and what percentage would you predict would be more than 50 miles? Then determine the percentage of data points in the dataset that fall within each of these ranges. How do each of these compare with your prediction and why is there a difference? Predicted percentage between 25 and 50 miles: Actual percentage between 25 and 50 miles: Predicted percentage of more than...

Discuss both the full-cost pricing strategy and the marginal-cost pricing strategy and explain how each would...

Discuss both the full-cost pricing strategy and the marginal-cost pricing strategy and explain how each would apply to your health care clinic. How would target costing affect your business?

Which of the following statements regarding absorption cost pricing formulas is/are true? i. Absorption cost pricing...

Which of the following statements regarding absorption cost pricing formulas is/are true? i. Absorption cost pricing formulas provide a justifiable price that tends to be perceived as equitable by all parties. ii. Since absorption cost information is necessary for external reporting, it is cost effective to use it for pricing. iii. Absorption cost-plus pricing formulas generally will result in a higher mark-up percentage than variable manufacturing cost formulas. All of the given answers i and ii i and iii ii...

Superior Company has the following cost and expense data for the year ending December 31, 2017....

Superior Company has the following cost and expense data for the year ending December 31, 2017. Raw materials, 1/1/17 $ 30,000 Insurance, factory $ 14,000 Raw materials, 12/31/17 20,000 Property taxes, factory building 6,000 Raw materials purchases 205,000 Sales revenue 1,500,000 Indirect materials 15,000 Delivery expenses 100,000 Work in process, 1/1/17 80,000 Sales commissions 150,000 Work in process, 12/31/17 50,000 Indirect labor 90,000 Finished goods, 1/1/17 110,000 Factory machinery rent 40,000 Finished goods, 12/31/17 120,000 Factory utilities 65,000 Direct labor...

Which of the following is an example of an expense? Select one: a. the cost of...

Which of the following is an example of an expense? Select one: a. the cost of a proposed advertising campaign b. the cost of a product delivered to a customer c. the cost of the purchase of equipment d. the write-off of an obsolete product

When would you want to use value-of-service pricing instead of cost-of-service pricing? When would you like...

When would you want to use value-of-service pricing instead of cost-of-service pricing? When would you like use negotiated pricing?

What percentage of data would you predict would be between 40 and 70 and what percentage...

What percentage of data would you predict would be between 40 and 70 and what percentage would you predict would be more than 70 miles? Subtract the probabilities found through =NORM.DIST(70, mean, stdev, TRUE) and =NORM.DIST(40, mean, stdev, TRUE) for the “between” probability. To get the probability of over 70, use the same =NORM.DIST(70, mean, stdev, TRUE) and then subtract the result from 1 to get “more than”. Now determine the percentage of data points in the dataset that fall...

What percentage of data would you predict would be between 25 and 50 and what percentage...

What percentage of data would you predict would be between 25 and 50 and what percentage would you predict would be more than 50 miles? Use the Week 4 spreadsheet again to find the percentage of the data set we expect to have values between 25 and 50 as well as for more than 50. Now determine the percentage of data points in the dataset that fall within each of these ranges, using same strategy as above for counting data...

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