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You are the vice president of operations for a small manufacturing company that uses the absorptive method of accounting for fixed manufacturing overhead, and you are approaching the end of the year. The accounting manager just visited some of your supervisors and said that the profitability of the company can appear better if more products were produced, even if they are not all sold right away. Many of the supervisors do not understand how this makes sense and asked you to explain it. You decide to meet with all the production supervisors to explain this.
Explain how the profitability of the company can be made to look better if they were to produce more products, even if they are not all sold right away.
Ahron Company makes 76,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows:
Critically evaluate the social, cultural or political implications of either the planning, controlling or decision making elements of management accounting.
Should bay side sell the plant or comply with the new federal regulations? To simplify calculations, assume that any additional improvements are paid for on December 31, 2012.
Five years ago, Jack Cadence left his position at the large company to start Advanced Technologies Co. (ATC), a software design company. ATC's first product was the unique software package which seamlessly integrates networked PCs.
Assume that Mucky Duck uses target costing. What is the price that Mucky Duck would charge the retailer for the All-Body swimsuit? What is the highest acceptable manufacturing cost Mucky Duck would be willing to incur to produce the All-Body swim..
Cool Surfboards has two departments using the services of the Payroll department. Total monthly payroll shared cost is $6,000. What is the amount of payroll costs allocated to the Boogie Break department?
Janice has interest income of $5,000 on certificates of deposit at Second Bank. Janice makes estimated tax payments of $17,000 for 2011 and compute Janice Morgan=s 2011 Federal income tax payable
Evaluate the recommendation of the Vice president (Treating Ad as cost of production and overhead). The effect on financial statements.
Compare an income statement and a balance sheet and why would a marketing manager find the income statement more useful than the balance sheet
Your CFO, in her initial work, needs to decide whether to set up a job order costing system or a process type costing system. She has asked you to make a recommendation based on the following information.
What is the significance to working capital management of matching sales and production? What is the significance to working capital management of matching payables with receivables?
How does bad management impact your organization's success? How does good management impact your organization's success?
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