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1. You can develop a traditional research paper on a topic related to the course. For the proposal, which is due in class (or via email) by February 27, you will need to identify the following elements:o A working title of the project.o A one paragraph description of the project.Proposals will be reviewed over spring break. Three potential outcomes will be:1. Approval - you can start your project right away.2. Guidance/Clarity Needed - your topic will likely be approved, but specific details need to be discussed with the instructor before moving forward.3. Rejected - the proposal doesn't appear to be appropriate for a graduate level course.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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