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Question - The primary purpose of managerial accounting is to provide information useful for management decisions. Many of the managerial accounting techniques that you learn in this course will be useful for decisions you make in your everyday life. After graduating, one of the next important decisions is deciding where to work. Suppose that you go for job interviews and are given an offer of employment by two competing firms for the same entry-level position. They are offering the same salary and benefits. Their offices are in different cities. They are both public companies, so their annual reports containing financial and other information are available to you for free on their websites.
1. Which company in Canada is currently more profitable?
2. Which city is more economical to live in Canada?
3. Which company has better long-term employment prospects?
4. Which company might have more opportunities for advancement?
For each of the following factors please provide an example, and briefly explain the example, of the numerical information you would need to help decide which firm to work for.
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What is the total amount of traceable fixed manufacturing overhead for each of the two products? What is the company's total amount of common fixed expenses?
On Jan 1, 2017 PT Bro had 50,000 shares, $5 par value per share, During the year, the following transactions ocurred. Make Record or journalize all transaction.
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Calculate the number of tickets Sunshine must sell each month to (a) break even and (b) make a target operating income of $10,000 per month in each of the following independent cases.
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