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Managerial and cost acct
??Question :Your Role as an Accountant
- Prepare a job description that includes 3-4 typical duties of a managerial accountant.
- Identify the primary skills that managerial accountants need to be successful.
Primary Task Response:
Your first task is to post your own Key Assignment Outline for setting up the cost accounting system for the cabinet division to the discussion area so that other students are able to review your plan.
Attach your document to the main discussion post, and include any notes you feel are appropriate.
The purpose of this assignment is to help improve the quality of the Key Assignment Draft you will complete next week.
Sam's Toys budgeted sales of $300,000 for the month of November and cost of goods sold equal to 80% of sales. Beginning inventory for November was $50,000 and ending inventory for November is estimated at $55,000. How much are the budgeted purchases ..
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