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Explain the variable costing income statement and provide a hypothetical example of variable costing income statement in a manufacturing enterprise.
What is its MVA (MVA =Total corporate value - Total book value)? The first acquisition target is a privately held company in a mature industry
Describe what you mean by an 'extended value chain' of a firm. Discuss some of the strategic cost management practices within this value chain.
Discuss how the cost management techniques of target costing and life cycle costing differ from the traditional cost containment approach
Did Samantha do a good job or not. Samantha has been given the job to plan the office luncheon for "Bring-Your-Children-To-Work Day".
Determine what forecast would be? Suppose we have a method of forecasting where the forecast for the next period is identical to the previous periods.
The tuition is $1,500. Books and supplies for the course will cost you another $300. How much did it "really" cost you to take this course? Explain.
What most appropriate forecasting method or methods to use would be? Suppose you wanted to use a time series technique to predict the population of a Australia
What was the amount of under- or overlapped manufacturing overhead? Explain what the meaning of under or overlapped manufacturing overhead?
During July 2001 the available direct labour is limited to 48,000 hours. Calculate the utilization of labour and material by each product.
Calculate the predetermined overhead rate for the year. Custom Corporation uses a job-order costing system with a single plantwide predetermined overhead rate
On September 30, journalize the entry to record the flow of costs into the Refining Department during the period for factory overhead
Holmes acquires 100% of Watson in a transaction structured, Under the purchase method, how much is debited to homes investment account at January 1, 2010
Davis acquires 100% of Reynolds in acquisition. How much will Davis recorded this four at acquisition under the pooling of interest method
On January 1, 2010 hand acquires 100% of finger in a statutory merger. What is consolidated fixed assets under the purchase method?
What is capital budgeting process ie Planning, Analysis, Selection, Financing, Implementation, Review? Describe each process in detail about a page or two?
Describe the different managerial uses of cost information. Explain the meanings and decision making uses of sunk costs, opportunity costs
Discuss and characterize the major forms of business organization and describe what you consider to be the top 2 advantages and disadvantages of each form.
In May of this year, Allocate overhead to each of the two types of surgeries for May using the single plantwide overhead rate.
Which model should the company produce? Hint: Compute product cost per unit and compare that with selling price per unit to get gross profit per unit.
Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 7 in Assembly
Analyze the arguments for government intervention as opposed to arguments for market-based solutions.Hint:See the information about market failures.
Textra produces parts for a machine manufacturer. Determine the overhead cost per unit for each part using the plantwide rate.
The steps of the plan-do-check-act cycle and how each step defines a unique purpose and role for management accounting information.
Recognition criteria under a GAAP versus IFRS basis. How much net profit or loss will we recognize? How any profit or loss will be recognized under a GAAP basis