Explore BrainMass

Explore BrainMass

    Accounting Problem - Allocated Costs USAA

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please review United Services Automobile Association (USAA) and its treatment of allocated costs.

    Retrieve any report of USAA that allocates common costs to a division, product, or service. Recast that report with unallocated costs and comment on the usefulness of that revised report.

    If you cannot identify specific actual amounts, make a reasonable estimate and apply the tool as if the data were factual.

    If you are unable to identify any report with allocated costs, create a report that you think may apply to your organization and treat the data as if it were factual.

    Your report should include
    ? The name and nature of the organization
    ? The activity and time period you used
    ? The inputs you used
    ? Your results
    ? Any implications from your results

    © BrainMass Inc. brainmass.com June 3, 2020, 8:17 pm ad1c9bdddf
    https://brainmass.com/business/accounting/accounting-problem-allocated-costs-usaa-131635

    Solution Preview

    The name and nature of the organization
    United Services Automobile Association is a financial services conglomerate and its a Fortune 200 company. It provides banking, investing, and insurance services. Thus its into Banking, Insurance and Financial Planning.
    http://en.wikipedia.org/wiki/USAA

    Allocation of Costs
    We will use activity based costing to allocate costs. Activity- based costing can be used to identify discrete activities as well as identifying the primary output measure for each activity. With using activity-based costing there are value added-activities and non- value added-activities. Value added-activities are activities ...

    Solution Summary

    The solution creates a report that discusses the allocated costs of an organization.

    $2.19

    ADVERTISEMENT