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Analysis
Various business decisions have recurrent themes: whether to the outsource production or to the support functions, what level of production and pricing to establish, whether to accept the special orders with the private label of branding or the special pricing, and many more
Managerial accounting gives us the theoretical models of calculations which are required to support these types of decisions. Though such models are not perfect in every case, they surely are effective in stimulating correct thought. The apparently obvious answer may not always yield truly correct or best decision. Therefore, subsequent chapters will provide insight into the logic and methods/technologies that need to be employed to manage these types of the business decisions.
Linear Programming This section introduces the general method called the simplex algorithm, which is designed to solve any linear program. The information that can be secured
QUESTION 1: P A RT A You are the Cost Accountant of an industrial concern and have been assigned the duty of preparing a cost accounting system. Initially it has been de
Project C would involve a current outlay of $50,000 on equipment and $15,000 on working capital. The investment in working capital would be increased to $21,000 at the end of the f
What are the Resons to use Variance analysis Variance analysis should be a continuous process for following reasons: 1) Labor rates, salary levels etc, changes due to union
Variables Unrestricted variable Yi can be expressed in terms of two non-negative variables by using the substitution: Yi = Yi' - Yi'', Yi', Yi'' ≥ 0 The substitution
1. Paid $350,000 to purchase furniture and leased it to DEF Corp. for 5 years. DEF agreed to pay $89,955 on July 1 for each of the next 5 years. At the end of the lease term we ex
what is management
Describe the Principles of cost accounting Principles of cost accounting: The fundamental principles of costing are identical and are given below: 1. Cost is related to
I need an example on how to solve a single and two product bundle
Prepare two tables showing net profit, residual income and return on investment for each year of the project and also net present value (NPV) for: (i) The BEST OUTCOME; (ii) The
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