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Generally forecasting and planning is considered the preview of the financial accountant or the forecasting and planning department.
Given that the managerial accountant deals primarily with historical data how can the management accountant bring value added to the projections of the entity?
CP has decided to introduce the new product which can be manufactured by either a computer assisted manufacturing system or labor intensive production system. The manufacturing technique will not affect the quality of product. The estimated manufa..
Pick a product you are familiar with or interested in. What product liability issues arise for that product? What measures can management take to prevent these product liability problems from arising? How can they minimize legal risk involving the..
The following information pertains to pandey manufacturing company for March 2012. Assume actual overhead equaled applied overhead.
Find a newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration, comment or decision that has been published after November 2013
Rebecca owns several successful coffeehouses. Each one has its own manger and is operated independently of the others. In what ways do the coffeehouses utilize managerial accounting in the operational planning process?
Karen's Cookie Company is considering replacing its giant cookie mixer with the new one. The following data has been compiled to measure the function:
Recognize and explain a project where the top-down budgeting approach would be most appropriate. Detail your rationale for decision and list the advantages for using that approach.
Determine the ending finished goods inventory. What was the cost of indirect labor? What was the amount of factory overhead applied? Determine total manufacturing costs incurred during 2007. What was the cost of good manufactured?
What are the major cost drivers involved in the school's educational process? How do you think the school might attempt to control costs? Describe how the Business School adds value and who receives this value.
Compute the number of units of product to be produced during October. Compute the number of pounds of raw materials to be purchased during October.
Give an example of a good or service market that is close to perfectly competitive, and then defend your choice. (Us tobacco for service market)
A company rewards its production department employees for meeting budgeted cost levels by giving out bonuses. If department's cost exceeds the budget, employees don't get a bonus. What problems may arise with such a plan?
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