Distinguish between the different costing methods

Assignment Help Accounting Basics

Reference no: EM132452802 , Length: word count :- 700

Purpose of Assignment

The materials covered this week distinguish between the different costing methods and provides needed tools for decision making. This case study focuses on determining equivalent units in a production business setting.

Assignment Steps

Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Committee (SEC)

Scenario: Davis Skaros has recently been promoted to production manager. He has just started to receive various managerial reports, including the production cost report you prepared. It showed his department had 2,000 equivalent units in ending inventory. His department has had a history of not keeping enough inventory on hand to meet demand. He has come to you, very angry, and wants to know why you credited him with only 2,000 units when he knows he had at least twice that many on hand.

Question 1: Prepare a maximum 700-word informal memo and explain to Mr. Skaros why his production cost report showed only 2,000 equivalent units in ending inventory. Using a professional tone, explain to him clearly why your report is accurate.

Format the assignment consistent with APA guidelines.

Reference no: EM132452802

Questions Cloud

Discuss excel formulae : Microsoft Excel features calculations, formulae, graphic tools, pivot table, analytics, and macro programming.An entrepreneur can use Microsoft Excel to store

MNG81001 Management Communication Assignment : MNG81001 Management Communication Assignment Help and Solution, Southern Cross University - Assessment Writing Service - Evaluate the key task and process issue

Outpatient treatment programs-residential treatment programs : Write a 2-3 page paper comparing and contrasting outpatient treatment programs and residential treatment programs.

Earth climate and general climate change : You will need to post one example of climate change evidence. There are many examples of both humans affecting Earth's climate and general climate change

Distinguish between the different costing methods : Explain to Mr. Skaros why his production cost report showed only 2,000 equivalent units in ending inventory. Using a professional tone, explain to him clearly

Concept map on natural drivers of climate : The final assignment for module 13 is to develop a mind-map or concept map on natural drivers of climate. Explain how geologic contributions affect climate.

Assignment - GeoMapApp Exercise : Assignment - GeoMapApp Exercise. What is the general relationship you observe concerning the dominant control of CaCO3 percentages

Describe the human condition in the modern world : The Metamorphosisis considered by some to describe the human condition in the modern world. Focusing on Gregor and his life

Prepare flexible budgets to meet managerial needs : Prepare flexible budgets to meet managerial needs required to calculate and analyze variances and discuss how variances are critical to managerial decision

User Account

All Pages