Accounting Homework
Read the case study provided and write a paper between 1,200 and 1,700 words addressing the following questions.
1) You are a recent MBA graduate and were hired by the company as a business consultant. Your objective is to identify areas for improvement. Present three business recommendations to management and state how this will impact the company's financial statements.
2) Why did company management think it was necessary to install an ABC system? Do you agree with their reasoning? Explain your answer.
3) Evaluate and recommend changes to the organization's cost drivers. State how this influences cost accounting results and business decision capabilities.
4) Is job order or process costing a viable option for the company. Why or why not?
Differentiate between job, process, and activity-based costing
1) Distinguish between under- and over-applied overhead
2) Relate costing methods to managerial decision-making.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.