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Question: Choose a decision-making scenario from the online resources-make-buy (outsource), keep or drop, special order, constrained resources.
Present a short synopsis of the scenario with key supporting data in an Excel spreadsheet.
Present a relevant cost analysis for your selected scenario.
Make a decision based on both your relevant quantitative analysis and on other important qualitative factors for this scenario. Support your decision with reference to specific information presented in your Excel spreadsheet.
You can use any online resource (or develop your own scenario) for this assignment.
Record the necessary journal entries to Close the accounts for the month and Write off the variances into COGS. Direct Manufacturing Materials Purchased
What is the opportunity cost of interest forgone from purchasing all 264,000 units at the start of the year instead of in 12 monthly purchases of 22,000 units per order?
What is the appropriate transfer price for the decision? What effect would this have on the minimum price set by the marketing manager?
Prepare Performance Report for XYZ Manufacturing plc. on the data. Sales budget br,8,000,and Actual br 8,500. Labor budget br 2,500 and Actual,1,500
How much, at a minimum, must the ‘‘old'' machine fetch upon resale at this time to make purchasing the new machine worthwhile?
Determine the February ending balance in WIP Inventory. How much of the balance relates to Job #218? Prepare journal entries to record the preceding information
Compute the amount of interest capitalized in the Construction-in-Process account for 2008 and present journal entries for interest for 2008.
Shaheen ltd manufactures around 10,000, How to Prepare separate operating statements on marginal costing and absorption costing for three periods.
Sales people mostly deliver the product and are paid on a salaried basis; their salaries are included in administrative and selling expenses.
How is the use of variable costing limited? How does lean production reduce or eliminate the difference in reported operating income between absorption and variable costing?
Prepare the one-year trend report that corporate management requested. How much did profits increase because of quality improvements made in 19x9 (assuming that all reductions in quality costs are attributable to quality improvements)?
When checks written during the month were compared with those paid by the bank, three checks amounting to $5,030 were found to be outstanding.
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