Do think the same concepts such as variable costs

Assignment Help Financial Accounting
Reference no: EM132544657 , Length: 4

Question 1: Many of the concepts in managerial accounting were first developed for the manufacturing environment. Do you think the same concepts, such as variable costs, fixed costs, mixed costs, and job order costing, can also be applied to the service industry? Why or why not? Focus on a particular service or service industry and illustrate your position with specific examples.

  • 3-4 pages in length, not including the cover or reference pages.

Reference no: EM132544657

Questions Cloud

Mba business plan component : One of the most important elements in a business plan is the market analysis. A market analysis is a qualitative and quantitative assessment of a market.
How does relate to advancements in health care : How does it relate to advancements in health care and health care professionals using advancing technology?How is Everett M. Rogers's Diffusion of Innovations
How much depreciation expense will Red Tank record : The building is expected to have a 25-year useful life with no residual value. How much depreciation expense will Red Tank record
How much depreciation did sharpe record in total for pond : For its December 31, 20X5, fiscal year end, how much depreciation did Sharpe record in total for the pond, the electrical equipment
Do think the same concepts such as variable costs : Do you think the same concepts, such as variable costs, fixed costs, mixed costs, and job order costing, can also be applied to the service industry?
Evaluate the concepts and terms defined in software quality : Evaluate the concepts and terms defined in software quality assurance, the tools and the metrics together with related industrial standards
How would you define morals and ethics : How would you define morals and ethics? What are the differences between morals and ethics? How can the health leader in this situation overcome a collision.
Promotion and the product life cycle : All products/services go through a life cycle of NPI (new product introduction), growth, maturity, and decline.
What is the yield to maturity on a simple loan : What is the yield to maturity on a simple loan for Br 1 million that requires a repayment of Br 2 million in five years' time

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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