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Write a memo using the product profitability report and the calculations in question one to make recommendations to management with respect to strategies.
Why is the ABC described in the reading, unacceptable for external financial reports? Post at least two replies to either peers or the instructor.
HI5017-Identify the components of the management accounting system in each of the two companies, and discuss their relevance in enabling decisions to be made.
How do these two systems provide decision-making information? How is activity-based costing useful for decision making?
HI5017- Identify the components of the management accounting system in each of the two companies, and discuss their relevance in enabling decisions.
BUSI 2083- Calculate the total break-even sales for last month, assuming that none of the fixed production costs and fixed selling expenses is traceable.
Analyze what was the primary cause(s) of the loss in net income? Did management do a good, average, or poor job of controlling expenses?
What was the total predetermined overhead rate? 2) How much overhead was applied to products during the period?
How many Major Governmental Funds are reported? How many Major Enterprise Funds are reported (might called Proprietary)? How many Fiduciary Funds are reported?
Prepare the sales budget by month and in total. A schedule of expected cash disbursements for merchandise purchases, by month and in total.
Prepare a merchandise purchases budget showing how many units should be purchased for each of the months April, May, and June.
What type of cost accounting system this company should use, and the documents that you would recommend as part of the cost accounting system.
Explain why the new predetermined overhead rate is higher than the rate. Why would managers be concerned about the new overhead rate?
How would you respond to the professor from Oregon Coastal University? What would you say about Dr. Candler's teaching ability?
Draw the value chain for Maryville University. You may use Inspiration Maps on your iPad, Excel, PowerPoint or hand draw the value chain.
What is the formula for the contribution margin ratio? How is it useful in the decision-making process?
What is the company's contribution margin (CM) ratio? Estimate change in company's net operating income if it were to increase its total sales by $1,000.
What are your actual manufacturing overhead costs, and why aren't they traced to jobs, just as direct materials and direct labor are traced to jobs?
How is managerial accounting relevant to you in your future career? Why has ethical behavior in the area of accounting and finance become so important?
Analyze whether you would prefer to buy or lease your equipment and furniture. What benefit do you see in your choices?
Explain and be specific about management's opinion of future direction of company. Describe three challenges your company faces currently and/or in the future.
Disucss what was the primary cause(s) of the loss in net income? Did management do a good, average, or poor job of controlling expenses?
Identify and justify the final recommendation would you have made given the opportunity to consult with the decision-maker before they made their decision.
ACC 212- Explain your concerns about the variance results and suggest a remedy. Explain what each variance means.
Determine the budgeted manufacturing overhead rate for each department. Prepare the journal entries for Paddle department. What is the total cost of Project X?