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Discussion: Responsibility Accounting
We are exploring decentralization, performance evaluation, and relevant costing for managerial decisions. Let's review some related topics together to assist us with this material.
1. Why should managers be closely involved in preparing their responsibility accounting budgets?
2. What are two main goals in managerial accounting for reporting on and analyzing departments?
3. Please suggest a reasonable basis for allocating each of the following indirect expenses to departments: (a) salary of a supervisor who manages several departments, (b) rent, (c) heat, (d) electricity for lighting, (e) janitorial services, (f) advertising, (g) expired insurance on equipment, and (h) property taxes on equipment.
Formulate a linear program to determine the expected mix of conference rooms to ensure the maximum profit for CRSL. Show all supporting calculations and derive the optimum solution using a computer package.
Describe the paradigms discussed by Ferrara and what are his observations on variable and fixed costs - What are your observations about Ferraras paper?
what are the ways in which cost be be classified to suit management needs.give examples of the
Large traded companies like Target, Ford, Apple, etc. are easy to find this type of information on. We recommend you go straight to Hoover's Pro database to find a company profile. This database is the best database available for this type of info..
You're interested in developing the budget but are struggling with basics - do the numbers have to be exact? Can a budget have any flexibility in it? First, describe what a budget is.
ACCT 116 Budget Assignment - Prepare a Schedule of Expected Cash Collections and Prepare Merchandise Purchases Budget and a Schedule of Expected Cash Disbursem
Review the American Marketing Association's Statement of Ethics and the Code of Conduct for the European Marketing Confederation.
In January, Knox Company requisitions raw materials for production as follows: Job 1 $900, Job 2 $1,400, Job 3 $700, and general factory use $600 - Prepare a summary journal entry to record raw materials used.
which is a leading manufacturer of two,three and four wheel vehicles, and is Europes leading manufacturer of motorcycles and scooters.
Given: Selling price per unit, $20; total fixed expenses, $5,000; variable expenses per unit, $15. Find break-even sales in units.
ACC202- Parker is trying to enter a foreign market. What is the minimum price it could enter this market in the short term? What is the minimum price in the long term?
What is the incremental cost or savings of going outside vs. conducting the survey as in the past
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