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1. What is a kaizen standard? Describe the kaizen and maintenance subcycles.
2. Explain how benchmarking can be used to improve activity performance.
3. In controlling non-value-added costs, explain how activity output measures (activity drivers) can induce behavior that is either beneficial or harmful. How can value-added standards be used to reduce the possibility of dysfunctional behavior?
4. What is the meaning of the activity volume vari- ance? Explain how the unused capacity variance is useful to managers.
5. Describe the value of activity-based customer costing.
6. Explain how activity-based costing can help a firm identify its true low-cost suppliers.
Discuss the similarities and differences between the job order costing and the process costing systems. Identify the types of industries/companies that would use these systems for their organizations and the rationale for their decisions.
Write about the financial efficiency of Bupa company and Compare and contrast the financial statement of (Bupa company) for 2 yesrs 2011 and 2012 in terms of managerial accounting principles
What is the market value of a $1,000 bond, which has a coupon interest rate of 8% and will mature in 20 years if it is discounted at 6%? Interest is paid annually.
Based on the information calculate the following items for this proposed equipment purchase, Annual cash flows over the expected life of the equipment, Payback period, Annual rate of return, Net present value, Internal rate of retur
according to martin and steele the two principal professional associations in australia - cpa australia the cpa and the
Hill Street Electronics has provided the following information for last year:
Actual production and sales were 62,900 coffee mugs, actual direct materials usage was 10,000 lbs. at an actual price of $0.17 per lb., actual direct labor usage was 202,000 minutes at a total cost of $30,300
Prepare journal entries to record the selected July transactions. Also prepare any footnotes to the July 31 financial statements that result from these transactions
Journalize the following selected transactions for March 2009 in a two-column journal - Derby Co. has the following accounts in its ledger:
Calculate the product cost for one tent. Calculate the total product cost for last year. Prepare an income statement for external users. Did you need to prepare a supporting statement of cost of goods manufactured? Explain.
best estimate of the total contribution margin when 4,300 units are sold - What was Indiana Corporation's net operating income for the year using variable costing?
Do you agree with Jules Ballès, Range-Tout's financial controller, that the supplies purchased from Génie du Bois SA were accounted for improperly? Explain your answer.
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