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1. Why is cost allocation imprecise?? Pick one of the different methods we can use, describe it and the pluses and minuses of that method?
2. The master budget contains three types of budgets. What do you think is the cornerstone (or most critical element) of the master budget? Discuss why?
3. Fundamental to the decision-making process is the ability to determine whether a cost is relevant to the decision. Tactical decision making consists of choosing among alternatives with an immediate or limited end in view. It should be noted, however, that short-term decisions can lead to long-term consequences. Tactical decision making consists of choosing among alternatives with an immediate or limited end in view. Tactical decisions can be short term or small scale in nature but must be made so that larger strategic objectives are served. Identify the primary qualities of revenues and costs that are relevant for decision making.
4. There're four primary techniques of examining capital decisions - two are discounting techniques and two aren't. Please pick one of them, describe the method and the pros and cons. Remember; include a discussion on the difference between discounting and non-discounting methods.
Explain verbally and graphically how the socially efficient amount of this good can be provided for them. Explain each term used in your answer.
Petty Petroleum, Inc. uses various chemicals to manufacture its products. Variance data for last month for three primary chemicals used in production are as follows (F indicates a favorable variance; U indicates an unfavorable variance):
This individual assignment is based on the TerraCycle Inc.
What would you include in a job description for a new cashier? How about a sales person? What is included on your job description? Are there functions you perform that are not in your job description?
Discuss how a budget could help you personally or your organization accomplish the objectives of long range plan developed for you personally or for your organization.
Clinton Company is financed 40 percent by equity and 60 percent by debt. If the firm expects to earn $20 million in net income and retain 40% of it, how large can the capital budget be before common stock must be sold?
Pacheco, Inc., manufactures two products, overs and unders, in single process. The joint costs of this process were $50,000, and 14,000 units of overs and 36,000 units of unders were produced.
What should the Manhattan Company do to improve its profitability? Consider pricing and product-level changes among your suggest. Who should be involved in implementing your recommendations?
Roehler Industrial has estimated that production for the next five quarters will be: Make quarterly direct materials purchases budgets for Roehler Industrial for 2011.
Compute the annual breakeven point in dollar and in unit sales for shop 48? Make a CVP graph showing cost and revenue data for shop 48 from zero level activity up to 17,000 pairs of shoes sold in year, what would be shop 48's net operating income o..
Explain these objections to the accountant's convention cost-volume-profit model
To implement target costing for a new product, companies often set up a cross-functional team with members from engineering, marketing, and costing accounting. Why is a cross-functional team desirable when implementing the target costing approach..
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