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