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Whena significant percentage of project costs are related to procurement, project reviews will necessarily spend some time on procurement issues.
Select two of the following four industries:
Service (public and private)
Manufacturing
Software and IT
Construction/building/maintenance
Comparethe two industries with respect to how you would conduct project reviews to integrate procurement, risk management, and contractual obligations. How would the reviews differ in the two industries if the project were carried out completely in-house instead of involving a third party for some or all of the work?
Martin Company is a two-division firm and has following information available for this year:
Find out the nominal and effective cost of trade credit under the credit terms of 3/15, net 30?
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity- based costing system contains the following six activity cost pools and activity rates:
Identify and comment on three possible problems which may arise if the mixture in (a) (ii) above were to be produced and explain briefly the ways in which management can increase production of product
What are the advantages and disadvantages of standard costing in management accounting?
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)
Misemer Corporation is developing standards for its products. One product requires an input that is purchased for $57.00 per kilogram from the supplier.
Explain the difference between the job descriptions of a Financial Accountant versus the job description of a Management Accountant.
Provide guidance relating to typical activities, examples of cost pools and cost drivers, and the overheads for Housebuilding company like Bovis Homes.
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.
Each month, Haddon Company has $275,000 total manufacturing costs (20% fixed) and $125,000 distribution and marketing costs (36% fixed). Haddon's monthly sales are $500,000.
What would be the maximum purchase price acceptable to the Ski Pro Corporation for the bindings? Support your answer with an appropriate explanation.
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