Business, 04.03.2021 19:50 angelread53621

Answer each question as if you were the managerial accountant for the company and are presenting to the company vice-president regarding the information requested in the case study. You must not only give the correct numbers but also explain to management what variable costing is, why variable costing is useful and why the net income is different for absorption vs variable costing and also why net income is different for LIFO vs FIFO. Then follow the explanation up with a recommendation for management reporting. For each answer explain the terminology and concepts used. For example, rather than just give the product cost/net income, explain the calculation – this is a professional report from a managerial accountant to the company vice-president.
Use outside sources when necessary BUT MAKE SURE YOU CITE THEM!
When giving a recommendation, back it up with numbers. Make sure you address the original dilemma – lowest bid in different situations.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 10:00

Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting

Answers: 1

Answer

Business, 22.06.2019 12:50

Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.

Answers: 2

Answer

Business, 22.06.2019 19:30

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false

Answers: 3

Answer

Business, 22.06.2019 23:00

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.

Answers: 2

Answer

You know the right answer?

Answer each question as if you were the managerial accountant for the company and are presenting to...

Questions