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Task is to prepare a 10-12 powerpoint presentation on the topic of costing.
Specifically need assistance with the following:
- explaining what needs to be done to project profits using the traditional income statement if sales were to increase 20%
- explaining how and why it would be easier if the contrinution format were used
- describing the steps needed to create a contribution format income statement
- need to include at least 1 data slide and examples of a traditional format income statement and the equivalent contribution format based on the data slide used
- need to use charts to create visual interest
The corporation sold 1,200 shares of treasury stock for cash at 72 per share. Journalize the treasury stock transactions.
What is a service or product in McDonald's which can employ activity based costing? What are three activities for activity based costing and the correct cost drivers for them? Give an estimate for application rates of these drivers.
Do the pension worksheet and create the journal entries needed to reflect the above activity.
Which costing system would be more efficient when direct labor costs and direct materials are low, and overhead is high and why? Explain how the supply chain and the macroeconomic environment of the health care business fit in with your calculations?
What would be some particular examples of advantages and disadvantages of job order costing?
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.
Nashville Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and long-run monthly usage of the staff hours for Operating Departments 1 and 2 follow.
Write down the strengths and weaknesses of current costing model.
Recognize which costing system? Job order or processcost? The following companies would primarily employ: (a) Quaker Oats, (b) Ford Motor Company, (c) Kinko's Print Shop, and (d) Warner Bros. Motion Pictures
Provide calculations and reasons to support your answer. b. If Maximus Company has excess machine capacity but a limited amount of labour time available, to which product or products should the excess production capacity be devoted? Provide calculati..
Create a Consumer Price Index
Planning strategies for the audit
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