The routine accounting of the factories

Assignment Help Cost Accounting
Reference no: EM13823751

Deliverable Length:  10-12 slides with 100+ words of speaker notes per slide

Though much of your efforts will be in the routine accounting of the factories' operations, you will also be involved with departments where large capital expenditures are made. In the past, the firm has not seen the expected returns from a new investment, in terms of actual savings achieved. Given the size of some coming large investments, the CFO asked you to give a PowerPoint presentation, to both department managers as well as engineers who write the new investment proposals, on how they can do a better job of making sure a project's expected costs and savings are in fact achieved

Your PowerPoint should do the following:

  • It should follow this format:
    • Be 10-12 slides in length.
    • Include 100 words minimum speaker's notes per slide.
    • Have eye-catching background color, clip art, graphs, and charts.
    • Slides should not be covered with commentary.
  • Specifically, cover the following points:
    • The difference between routine expenses and those incurred by major projects
    • What expected return refers to, as compared to profitability
    • The typical basis for cost justifying a large investment proposal, including a simple example
    • The assumptions inherent in your example of a large cost savings project proposal
    • Given the assumptions, an explanation of how managers or engineers could monitor the project to see if it will in fact be achieving the expected return

Reference no: EM13823751

Questions Cloud

Which scenario is one that shows a positive attitude : List three tasks commonly performed during preventive maintenance. Using good grammar (complete sentences), describe a drawback to using an infrared wireless keyboard. Now, describe a benefit. Using good grammar, describe two benefits of using a laye..
How you represent social justice issues in your curriculum : How will you represent social justice issues in your curriculum? What "ground rules" do you think you will need in order to guard against an oppressive atmosphere in your classroom?
Complete the training plan task : Complete the Training Plan task as described in the Email from Traci on the Atwood and Allen Consulting page.Work together again. Like last time, I'll need you to select, as a group, one client to work with. You'll need to check my communication with..
The setting for ethan frome is : The setting for Ethan Frome is
The routine accounting of the factories : Though much of your efforts will be in the routine accounting of the factories' operations, you will also be involved with departments where large capital expenditures are made. In the past, the firm has not seen the expected returns from a new inves..
Long-term effects on the environment : Who is being affected by this decision and how - If the decision is made to introduce the Suminoe oysters, what might be the long-term effects on the environment, the communities, the people?
Airline fuel problem : Coast-to-Coast Airlines is investigating the possibility of reducing the cost of fuel purchases by taking advantage of lower fuel costs in certain cities. Since fuel purchases represent a substantial portion of operating expenses for an airline, i..
Which companies control and plan the costs : Since cost management is the process by which companies control and plan the costs of doing business and after learning the objectives thoroughly, the demand for public sector services is ever so increasing, meaning that current financial constraints..
Question regarding the statistical measures : Statistics is a very powerful topic that is used on a daily basis in many situations. For example, you may be interested in the age of the men who attend Silver's Gym. You could not assume that all men are the same age. Thus, it would be an inaccu..

Reviews

Write a Review

Cost Accounting Questions & Answers

  Computed the difference between actual and applied costs

Hepworth company has implemented a JIT system and is considering the use of backflush costing. Hepworth had the following transactions for the current fiscal year.

  Which ratio appears on a common-size balance sheet

Grandma's Applesauce, Inc. has a 0.60 probability of a good year with operating cash flow of $50,000; and 0.40 probability of a bad year with operating cash flow of $30,000. The company has a debt of $35,000 with 8 percent interest due next year.

  Prepare a complete statement of cash flows

Prepare journal entries for the selected transactions related to this company's stock during the current year and prepare a complete statement of cash flows for calendar-year 2011 using the indirect method

  Improve its production efficiency

Compute NVP.(Do not include the dollar sign ($).Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations.

  Describe the accrual basis of accounting

Commercial accounting and generally accepted accounting principles, generally describe the accrual basis of accounting over the cash basis. Describe both bases of accounting and explain the differences.

  Schedule of cash flows from operating activities

Cash flows from operating activities, indirect method - Prepare a schedule of cash flows from operating activities using the indirect method.

  Prepare extracts from the statement of profit or loss

Explain the circumstances when, and the amount at which, borrowing costs should be capitalized in accordance with IAS 23 - Prepare extracts from the statement of profit or loss and statement of financial position for the above machine for each of th..

  What has the high inflation over the past five years

What has the high inflation over the past five years likely done to Mucho Macho's peso profits? Has it moved profits up or down? A lot or a little? Explain.

  Ford improvement company

Ford Improvement Company and rowland Construction Company

  Lotus fixtures inc manufactures steel fittings each fitting

lotus fixtures inc manufactures steel fittings. each fitting needs both steel and an alloy that allows the fitting to

  Measure the income of a business enterprise

Describe the factors to be considered in determining when revenue should be recognized in measuring the income of a business enterprise and describe the accounting alternatives that Bonanza Trading Stamps, Inc. could consider for the recognition o..

  Determine the cost of ending work in process

Determine the cost of ending work in process and the cost of finished goods transferred out during March using the first in first out (FIFO) method.

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