Managerial accounting from a provider perspective

Assignment Help Accounting Basics
Reference no: EM13978871

"Perception" Please respond to the following:

You have been immersed in the world of managerial accounting (i.e., cost accounting) for seven (7) weeks. What is your assessment of cost/managerial accounting from a provider perspective?

Now imagine that you are the user, not the provider. Explain whether or not your assessments have changed, and explain why or why not. As a user, describe how you would use two (2) of the variances calculated to make better management decisions.

Reference no: EM13978871

Questions Cloud

What is the operating cash flow : Ridiculousness, Inc., has sales of $48,000, costs of $21,200, depreciation expense of $1,900, and interest expense of $1,200. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
Prepare the introduction section : Using the provided template for the Project Management Plan, prepare the Introduction section. This section will include a statement of the problem and its impact on the organization
What is the value three years from now : A 4-year annuity of eight $8,200 semiannual payments will begin 9 years from now, with the first payment coming 9.5 years from now. a) If the discount rate is 14 percent compounded monthly, what is the value of this annuity five years from now? If th..
What is your total dollar return from this investment : You’ve just opened a margin account with $15,000 at your local brokerage firm. You instruct your broker to purchase 800 shares of Landon Golf stock, which currently sells for $77 per share. Suppose the call money rate is 6.5 percent and your broker c..
Managerial accounting from a provider perspective : You have been immersed in the world of managerial accounting (i.e., cost accounting) for seven (7) weeks. What is your assessment of cost/managerial accounting from a provider perspective?
Assess the immediate staffing needs at bnh : Blumberg's Nursing Home (BNH) is a 100-bed Medicare and Medicaid certified facility in suburban Philadelphia, PA. The administrator recently terminated the facility's Director of Nursing (DON), receptionist, and dietary aid for inappropriate condu..
Considering using some debt-capital structure : Gator Fabrics Inc. currently has zero debt (i.e., wd = 0). It is a zero growth company, and additional firm data are shown below. Now the company is considering using some debt, moving to the new capital structure indicated below. If this plan were c..
Assignment on start-up budgeting : For this assignment, you will decide what type of budget to implement for a start-up company. Write a three to four (3-4) page paper in which you: 1. Summarize the type of manufacturing company you plan to start up and determine how you will design ..
What is your return assuming no dividends are paid : Suppose the call money rate is 6.8 percent, and you pay a spread of 1.9 percent over that. You buy 600 shares at $78 per share with an initial margin of 25 percent. One year later, the stock is selling for $84 per share, and you close out your positi..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate the depreciation expense under the following

valley corporation purchased a new piece of equipment on june 1 2011. the cost of this machine was 325000. the company

  Determine the inns break-even point

Determine the inns break-even point in Number of rented rooms per month and If the inn plans on renting an average of 50 rooms per day

  Xyz companys market for the model 55 has changed

xyz companys market for the model 55 has changed significantly and yxz has had to drop the price per unit from 275 to

  Lemmiwinks industries has a standard cost system in which

lemmiwinks industries has a standard cost system in which it applied overhead on the basis of direct labor hours. it

  All of the following statements regarding equity securities

all of the following statements regarding equity securities are true except answer equity securities should be recorded

  Amount reported for operating expenses

During 2010, Burlington Company incurred operating expenses amounting to $600,000, of which $550,000 was paid in cash; the balance will be paid in January 2011. On the 2010 income statement of the company, what amount should be reported for operat..

  How they should finance the wedding

Mary and Bob have been married for 25 years. They are both college professors. Mary makes $65,000 annually and Bob makes $75,000 annually.

  Arent corporation owns 100 of subsidiary corporations

parent corporation owns 100 of subsidiary corporations single class of stock. its adjusted basis for the stock is

  What is the basis of the machine for cost recovery

On June 1 of the current year, Tab converted a machine to rental property. At the time of the conversion, the machine was worth $90,000. Five years ago Tab purchased the machine for $120,000. The machine is still encumbered by a $50,000 mortgage. ..

  Mars car company has a capital structure made up of 40 debt

mars car company has a capital structure made up of 40 debt and 60 equity and a tax rate of 30. a new issue of 1000 par

  What would be a typical starting salary for an accountant

What would be a typical starting salary for an accountant. How can you determine the salary for a position you are interested in

  Marginal revenues equal to marginal

"One of the least practical suggestions that economists have offered to managers is that they set marginal revenues equal to marginal costs." Discuss this statement.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd