2) You are the owner and chief cost accountant of a bicycle manufacturing operation You've discovered and verified that you had incorrectly overcharged a customer in the manufacturing of their 100 bikes over the last 6 months and you are about to meet with her within the next 10 minutes. What should you do?
I would discuss this situation with them honestly. I would admit that we had made an error and overcharged the customer for 100 bikes over the last 6 months. I would ...
The solution discusses the pricing decisions for a bicycle manufacturing operation from a cost accounting perspective.