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Discussion: Steps of Control
Explain why the four steps involved in the controlling function are important. Why is a good understanding of the various ratios used by accountants and managers important to the controlling function? Give specific examples. Respond substantively to two other learners.
Guided Response:
Your initial post should be at least 200 words in length. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references. Respond substantively to at least two of your classmates' posts.
Some firms have a lot of fixed costs and a few variable costs, while other firms are configured the other way around. What effect do you think the existence of a high proportion of fixed costs has on the desirability of using ABC methods?
Projected Sales is the budgeting technique to aid companies project the budget for future term. What takes place if this figure is significantly wrong?
1.Assume that we tour Polaris factory where it makes its products. List three direct costs and three indirect costs that we are likely to see.
What titles should I cover when discussing how to improve the environmental efficiency of an aircraft engine? (Large passenger)
What is the stock price if the discount rate for the stock is 10%? What is the dividend yield?
If annual demand is 24,000 units, orders are placed every 0.5 months, and the cost to place an order is $50, what is the annual ordering cost?
Best Ink produces inkjet printers for personal computers. It received an order for 500 printers from a customer. The following information is available for this order.
Jackson Construction Company uses a job order costing system. In May 2008, Jackson made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport, Mississippi.
Finished bricks were sold to customers. According to the company's process costing system, the cost of the finished bricks sold was $106,000.
If we were to look at an incomplete unit at the end of any given department, would we expect to see a difference in the completion percentage for direct materials versus the completion percentage for conversion costs?
Explain the four-step process used to compute a predetermined overhead rate.
required1. estimate the contribution to profit of a standard 180-guest cocktail party if chavez charges her usual price
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