M & G TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2017 operations.

Which cost estimation method is being used by M & G TV and Appliance Store?
A) the operating costing method
B) the marginal costing method
C) the account analysis method
D) the cost-volume-profit analysis method

Question

M & G TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2017 operations.

Which cost estimation method is being used by M & G TV and Appliance Store?
A) the operating costing method 
B) the marginal costing method 
C) the account analysis method 
D) the cost-volume-profit analysis method

Quizplus · Accepted Answer

The account analysis method is being used by M & G TV and Appliance Store as it involves analyzing each account in the company's financial statements to determine how costs are incurred. The other methods mentioned (operating costing, marginal costing, cost-volume-profit analysis) do not involve analyzing individual accounts in such detail.

M & G TV and Appliance Store Is a Small