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Discuss both direct and indirect labor costs. Provide multiple examples of each and explain how companies can estimate them using the Work Breakdown Structure.
Also indicate how your company will ensure that the prices will be reasonable for the government.
What is variable costing analysis. Describe what you learned about this topic and how variable costing differs from absorption costing.
Describe the differences between variable, fixed, and mixed costs, and list an example of each.
What are support departments, and why are their costs allocated to other departments? What process is used to allocate support department costs?
Explain and analyze using numerical example. How are budget variances calculated and used as performance measures? Provide numerical example?
How are budget variances calculated and used as performance measures? Provide numerical example?
Compute the company's predetermined overhead rate for the year and the amount of underapplied or overapplied overhead for the year.
Discuss either the advantages and disadvantages of activity based costing versus alternatives, or describe various costs such as variable and fixed costs.
What process is used to assign costs in an ABC system? Provide numerical examples.
If the company decides to use activity-based costing (ABC), what are some activity bases (cost drivers) it might use to allocate these costs?
What process is used to assign costs in an ABC system? How is relevant quantitative and qualitative information used in special order decisions?
What ethical challenges are raised by activity-based costing in this scenario? Would you expect issues like this to arise often? Why or why not?
Base on the course content, discuss the new skills you acquired from this class? How relevant are the new skills in your profession?
Compute a cost function using the high-low method. Discuss the concept of Equivalent Units in process costing and give numerical example?
Analyze and discuss three international factors you think would affect the cost of the products made at the companies you selected and why.
Discuss the difference between the two accounting methods. Identify the benefits and drawbacks of each method.
Explore how a manager would use the concepts in the articles you reviewed in managerial decisions.
Provide example of one Saudi Company and analyze two examples of organizational strategies and operating plans for this example.
As a manager, why is Profit-cost-volume important in planning? Support your response with numerical example(s).
Explain the job order costing income statement and provide a hypothetical example of job order costing income statement in a manufacturing enterprise.
What percentage of total revenues is spent on general and administrative costs? Fund-raising costs?
What cost information would be relevant to a decision to drop the product that would not be relevant to a decision to increase a production run by 100 units?
Discuss what are some aspects of cost volume profit that may have been at play that led to the closure of this business?
Describe why budgeting is important for a firm. Do you think that a firm's budget should ever be violated (exceeded)? Explain your rationale.