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DISCUSSION
1. "Implementation" Please respond to the following:
• You are the manager of a payroll system. Your company is going to replace the legacy payroll system with a more robust, Web-based version. Suggest two approaches that would minimize downtime and interruption to the payroll process. Provide specific examples to support your response.
• Propose a process for evaluating the success of the new system and a procedure for implementing software fixes and enhancements. Provide specific examples to support your response.
2. "Operation" Please respond to the following:
• From the e-Activity, predict the effects that changes in one industry could have on modifying and updating a system of the business. Include any trickle-down effects that the changes would have on the business as well. Provide specific examples to support your response.
• From a managerial perspective, assess the greatest systems operational challenge. Then, recommend what management can do to overcome the challenge that you identified. Support your response with specific examples or evidence.
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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