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Q. Companies and their products and/or services come from a variety of different industries. Industries such as consumer products, utilities, biotechnology, transportation and finance are all quite different in terms of the product and service offerings to their respective customers. In addition, it is likely that these different industries tend to have different types of professionals in their management ranks. For example, it is more likely that some types of transportation or technical companies might employ more engineers in their senior management ranks. On the other hand, some consumer products companies likely include many marketers as part of their senior management team. Naturally, finance and insurance industries are more likely to have accounting and finance professionals in positions of authority. While these industries, and certainly specific companies within the industries, may all be different, they all have the requirement of being financially successful.Requirement:
Create a memo to a group of students interested in pursuing careers in management accounting. Include in the memo, the role of management accounting and how management accounting may differ based on different types of companies or industries.
Evaluate both the direct labor cost and the direct materials cost per equivalent unit.
Prepare the allocations schedule and the S&A consolidation journal entry for the December 31, 2009 consolidation worksheet.
Multiple choice questions related to transaction analysis and Choose the correct answer from the given option.
Analysis of various methods of inventory system and its effect on ending inventory and cost of goods sold - Which cost flow method results in (1) the lowest inventory amount for the balance sheet, and (2) the lowest cost of goods sold for the income..
Evaluate the rate and efficiency variance for variable overhead item power cost and indicate if those variance are favorable or unfavorable
Purpose entries for Bosio to record (a) its payments to Harper for the right to sublease the building space (b) its payment of the 2009 annual rent to the building owner, and (c) its payments for the office improvements.
This discussion should add the reasons why the investor might want to invest in these amounts of ownership, and nuances of the different methods for accounting for these two levels of ownership
Create summary entries on the books of the consignor for consignment sales transactions and create summary entries on the books of the dealer consignee; consider there is only one dealer involved.
Analysis of Financial Statements in terms of Ratios whether positive or negative.
Purpose a brief comment to management on the results of operations. What recommendations would you make to management to improve profitability?
The new patent will protect the value of the old one only for a 4 year period. Illustrate what are the adjusting journal entries
Calculate the opportunity cost of waiting to pay for the motorcycles in November.Describe all transactions clearly and compute the gain or loss in the futures hedge after describing in detail all transactions.
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