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The models and concepts affecting the pricing decisions taken by organisations, critically reflecting upon their usefulness
I. Task one Critically evaluate the models and concepts affecting the pricing decisions taken by organisations, critically reflecting upon their usefulness
II. Task two Critically evaluate the role of standard costing and variance analysis in management accounting and a critically discussion of the value and limitations of variance analysis as a means of identifying key areas which have contributed to the overall profit figure
III. Task three Critically evaluate the advantages and disadvantages of introducing an Activity Based Costing system to replace the current Absorption Costing system
Explain these objections to the accountant's convention cost-volume-profit model
The firm had two consultations with this client and required 130 administrative labor hours. What additional costs will be charged to this customer?
What products might come out of our R&D activities. This is a quote from an R&D manager who was asked to justify investment in a major research project based on its expected net present value.
What must happen in order for the company to succeed, what are the company's most vulnerable areas and identify the company's assets
Contrast the 3 major classes of tax bases, also addressing economic bases. Examine various methods of government financing in their budget, and give a synthesis of the strengths and weaknesses of these methods, as well as their long term effects.
For what is cost-volume-profit (CVP) analysis used? What are some of the key underlying assumptions that make CVP analysis useful for decision makers? Why might decision makers use CVP analysis?
Discuss the ethical issues
What do you see as the major impediments to effective budgeting in organizations? Why? How relevant should allocated costs be in product-costing decisions? Why? What are the major benefits of using transfer pricing in organizations? What are the disa..
The beginning work in process inventory was $20,000 and the ending work in process inventory was $11,000, What was the cost of goods manufactured for the month?
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.
Bulkboy Fitness Equipment, Inc. was recently created to produce and sell its "Biception" arm machine. Bulkboy decided to use a standard cost system to record costs related to the production of this product.
Budgeting is an unnecessary burden on many managers. It takes time away from important day-to-day problems." Do you agree? Explain. Please write and a half page by making sure any word borrowed is properly cited.
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