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You have been asked by the Chief Financial Officer (CFO) to join a cross function project team to work on a new product concept. The first task is to explain to the team, the role and purpose of MA on this project. The second task is to explain the types of cost and revenue information you will require from them to complete the exercise. The last part is to present a proforma job-costing sheet, the purpose of which is to establish detailed product costs. Use the data provided in the template to calculate the detailed product costs.
Create a presentation of 14 slides in Microsoft PowerPoint, which includes the following:
Managerial Accounting Concepts discussed in this week's lectures.
Cost Concepts learned in the online lectures and the in the textbook reading.
Your presentation should be suitable for a classroom presentation. Be sure to use an attractive template and large font that can be seen from the back of a large classroom.
A jewelry firm buys semiprecious stones to make bracelets and rings. The supplier quotes a price of $8.4 per stone for quantities of 600 stones or more
What is the purpose and function of the union?
Are there differences between Microsoft's and Apple's organizational Cultures? Why did Apple's organizational culture disrupt the company?
The Internet and the Web are not the same thing. What is the difference between the Internet and the Web? Let's discuss what the Internet is and how many kinds of traffic
Determine the "compensation" for the Board of Directors. As best as you can put a dollar figure on this amount. Please justify your answer in writing.
A wood products firm uses available time at the end of each week to make goods for stock. Currently, two products on the list of items are produced for stock: a chopping board and a knife holder.
A product is currently made in a job shop, where fixed costs are $4,500 per year and variable cost is $10 per unit. The firm sells the product for $70 per unit. What is the break-even point for this operation? What is the profit (or loss) on a dem..
Suppose you are the manager of the office furniture department at Nebraska Furniture Mart. One of your products is a cherry study desk.
Distinguish between a minimization and maximization LP model. How do you know which of these to use for any given problem?
Each event averages four hours, and assume the stadium is full for each event. The stadium is available 365 days a year from 6 a.m. to midnight
Given the following linear programming problem with two non-negative variables (X1 and X2 ), find the range of feasibility for the RHS of constraint 2.
What are the risks and rewards of changing from a current supplier to a new supplier ? How can you balance these risks and rewards?
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