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Assignment
Signature/Benchmark Assignments are designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. Signature/Benchmark Assignments are graded with a grading guide or an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for course/program improvements.
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Identify a specific job within a specific company that you might be interested in applying for after you graduate from the University of Phoenix.
Research the job and the field in general, as well as ethical issues managerial accountants have faced that would pertain to that field. Also, educate yourself on the basics of operations within the job and company you have selected.
Write a 700- to 900-word paper to include the following:
• Summarize the main duties of the job.• Describe a specific ethical issue you might face in that position using 2 credible sources to support your description.• Summarize the IMA's standards of ethical practice and conflict resolution guide. • Analyze how the IMA's standards of ethical practice and conflict resolution guide applies to the ethical issue.• Predict how you would handle the ethical issue.• Hypothesize what would happen if no one in the company followed the IMA's standards of ethical practice.• Assess why it is important to follow the IMA's standards of ethical practice.• Design or name any methods of internal controls you think could prevent or detect the unethical behavior in the future.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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