Problem 1: What is budgetary slack? What incentive do managers have to create budgetary slack?
Problem 2: Discuss the advantages and disadvantages of Job Order Costing. Be sure to include specific examples of the advantages/disadvantages that you discuss.
Problem 3: What approach should be used to calculate the breakeven point of a company that has many products?
Problem 4: How is the contribution margin per unit of limited resources computed?