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Point 1: ABC (or ABM; activity based management) is one of most popular costing and cost management technique (tool) that have been developed and implemented lately by industry leaders, as a new trend in cost management /managerial accounting.
Point 2: Theory of Constraints (TOC) is an other one as the love story business novel, "The Goal" book is based on. (some of you have decided to do the book review term paper as an optional extra-credit coursework).
Question 1: What is the value chain? Describe, in sequence, the main components of a manufacturer's value chain.
Question 2: What is ABC (activity-based costing), and what are its potential benefits?
Summarise the unethical accounting practices utilised by ABC Learning's accountants and state which of the principles set out in the Australian Accounting
Blockbuster Entertainment manufactures, Manufacturing overhead is applied at $35 per direct manufacturing labour hour. Calculate the cost of each unit.
Manufacturers have established a cost classification called product costs. Define the term product cost and note where costs appear in the financial statements
Create a CVP graph, assuming maximum sales of $3,200,000. (Note: Use $400,000 increments for sales and costs and 100,000 increments for units.)
how much of the loss did you assign to the permanently restricted assets, and how much to the temporarily restricted assets? How can you justify this division of the loss?
Compute the total activity costs that would be assigned to City General and County General.
Some citizens complained to Victoria city council members that there should be equal protection under the law against the occurrence of crimes. The citizens argued that this equal protection should be interpreted as indicating that high-crime areas s..
An important assumption in using Activity-Based-Costing (ABC) is that? all costs are pushed through each process when customer orders are received.
Determine When does absorption costing net operating income and variable costing net operating income require reconciliation? Explain different situations
What are the two functions that enable management to go through the process of continually planning and evaluating?
Determine The cash payback period is? Larkspur Inc. is contemplating a capital investment of $78000. The cash flows over the project's four years
Determine the accounting rate of return? Determine the payback period? Determine the NPV assuming a minimum required rate of return of 8%?
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