For each of the following activities, explain which of the objectives of managerial accounting activity is involved. In some cases, several objectives may be involved.
1. Developing a bonus reward system for the managers of the various offices of the AAA (American Automobile Association) Travel Agency.
2. Comparing the actual and planned cost of a consulting engagement completed by an engineering firm such as Allied Engineering.
3. Determining the cost of manufacturing a tennis racket at Wilson Sporting Goods.
4. Measuring the cost of the inventory of digital cameras on hand in a Best Buy store.
5. Estimating the annual operating cost of a newly proposed Wells Fargo branch bank.
6. Measuring the following costs incurred during one month in Hyatt Residency Hotel:
(a) Wages of table-service personnel
(b) Property Taxes

answer; the coefficient of determination;

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

$2.00 for three shots.

answerit is the safest endorsement for business;