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Question: My ideal job would be to become a Director of Operations or sales. It interest me because I have been in sales for over 20 years and I enjoy working closely with people and helping people grow in their careers. As a Director I would be able to coach and develop staff at a higher level and continue to pay forward helping people progress in their careers. Some of the skills that are required is being able to analyse data, costs, operations and being able to forecast future revenues. In addition, having great communication and presentation skills and being able to manage people in all aspects of the organization. Experiences or keywords that I would add would be organized, detail orientated, data driven decision making. The worksheets helped me with being able to identify ways to create excel formulas to ensure that assets and revenues are being maximized.
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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