Questions:
Based on SEC 10K report for the coca cola company such as Inventory comments: costing information. Inventory: How is inventory described for your SEC 10-K company? LIFO, FIFO, and / or average cost? Relate your answer to topics in our course
Question.1
Inventory comments: costing information. What do you see? WIP?
Inventory: How is inventory described for your SEC 10-K company? LIFO, FIFO, and / or average cost? Relate your answer to topics in our course.
Cost and sources for production materials: notice how cost is used in the SEC 10-K
Question.2
Challenges and opportunities you see as you relate our current textbook topics to your company. Details are high level in the SEC 10-K but organizations rely on Cost Accounting.
Question.3
The management of risk and uncertainty is often included in the MD&A section comments. What do you learn of interest here?
Question.4
Divisions and Product Lines may be discussed in the MD&A section. What cost accounting issues may arise in these areas as you consider our chapters for the week?
Question.5
Management often explains higher or lower than expected in their comments. Discuss the profitability and other comments in the MD&A section as they relate to our chapters thus on budgets, variance analysis, and management.
Question..6
Costs and fluctuations are often discussed in the MD&A section. Any comments on your analysis here?
Question.7
Pricing decisions often relate both to knowing your costs as well as to the strategy of pricing. Competition, loss leaders, and other elements may be discussed in the MD&A section. Emerging markets and product lines are also an issue for some companies. What do you learn from your review?
Corporate Social Responsibility (CSR) and Sustainability relate to many issues including pollution and the cost of remediation and hazardous wastes. What do you learn about these topics from the SEC 10-K?
Question.8
Contingencies and liabilities: can they be estimated? Are they probable to occur? What do you learn about your company in this area? How might cost issues including profitability relate to these topics for your company?