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Calculate the percentage to be added to direct advertising costs to recover overhead costs under activity-based costing.
If you chose to not fully implement activity based costing, what would you have learned about your department's costs that help you operate more profitably?
What materials and labor will be necessary to produce your product for sale? What overhead costs will be necessary?
Prepare a Word document that includes the notes from the slides that you can use as a handout during the presentation.
Consider how Premier Lighting might benefit from implementing activity-based costing.
Which of the three main Inventory philosophies (Push, Pull, JIT) do you feel would be most beneficial to your situation? (Explain why)
Identify a cost object and a cost driver. How would you recommend recording each of these costs? How should these costs be allocated to lighting fixtures?
Describe the company and identify the division you manage. Think about the costs associated with developing and manufacturing your product.
Discuss the ways that a company uses cost accounting, and how it uses financial information for the purposes of cost accounting.
prepare an outline on CURRENT ACCOUNTING TOPICS WHICH RELATE TO THE CURRENT PRACTICE OF MANAGERIAL or COST ACCOUNTING IN ANY MANUFACTURING.
How can changes in depreciation rules be used to regulate the economy? Students should demonstrate their own knowledge in the forums and avoid copying.
Discuss how an asset's cost is determined as well as the two methods of depreciation discussed in your readings.
Describe three advantages and three disadvantages of using the type of costing method (LIFO, FIFO, and weighted average) that the company has implemented.
What is the incremental cost associated with producing an extra 50,000 jars of soup? Should Suzy's lower the price of its soup?
Calculate the overallbreak-even point in sales value for the company. What level of sales must the company achieve to make a profit of SAR 1,500,000?
How would you set up Payroll Inc.'s accounting system? Would you use job order or process costing? Or some other type of system? Why?
Create a job cost card for your cookie recipe and calculate cost per cookie. Assume overhead is allocated at a rate of $2 for every $1 of labor cost.
Describe why income calculated under full absorption costing will be greater than income calculated under variable costing when production exceeds sales.
How might the theory of constraints be implemented in an Activity Based Management organization?
Calculate the opportunity cost of accepting the special order. Calculate the net effect on profits of accepting the special order.
Summarize the type of manufacturing company you plan to start up and determine how you will design the value chain for your manufacturing company.
On the second tab of your Excel spreadsheet, prepare a high-low analysis of your electric costs using following data. What is your fixed cost of electricity?
Calculate the depreciation for 20XX. If JIM had been located in a qualified enterprise zone, what would be the depreciation amount?
What advantages do you find with the application of ABC costing in this company? Describe both the Activity Based Costing and Activity Based Management.