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Q. 1) Could we use managerial accounting "tools" to assess the profitability of an organization other than a manufacturing business, or are the topics we are learning only related to manufacturing?
2) If we could use these concepts in service also/or merchandising businesses, explain how would we go about doing so?
3) COGS would only be relevant to a industry which sells a physical product. Inventory being part of this. Which being said would a cell phone service really have COGS? Cost of Goods Sold
4) An Income Statement would differ depending on illustrate what type of business it was prepared for. An Income Statement for a service organization would not have Cost of Goods Sold however, an Income Statement for a manufacturing organization would. So illustrate what you are saying is which the type of business will drive the complexity of the income statement. Would you agree?
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Explain what is the expected number of hot dogs sold in one minute and Explain what is the expected number in three minutes?
Will the firm realize an economic profit, break even, or incur an economic loss and how much will the profit or loss be - also how much will the profit or loss be
Examining a current OM technique What is the solution, idea and approach and so on, recommended or implemented in the article?
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You work for an organization and have been tasked with empowering employees in your division
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What is the relationship between design, as a core competency, and the Return on Investment (ROI) of an organization?
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