29 Dec Would a traditional income
ACCT505 Week 1 Discussion Latest 2018 May
WEEK 1: COST TERMS, CLASSIFICATIONS, AND BEHAVIOR (GRADED)
9696 unread replies.120120 replies.
Would a traditional income statement differ depending on whether the business is a service organization, a merchandiser, or a manufacturer?
Could we use managerial accounting tools to assess the profitability of an organization other than a manufacturing business, or are the topics that we are learning only related to manufacturing?
If we could use these concepts in service and merchandising businesses, how would we go about doing so?
ACCT505 Week 2 Discussion Latest 2018 May
WEEK 2: JOB ORDER AND PROCESS COSTING SYSTEMS (GRADED)
7373 unread replies.139139 replies.
Welcome to our Week 2 Discussions! Let’s begin by discussing when job order costing systems would be more effective than a process costing system. Please give examples of types of businesses in which each would be appropriate. Do these costing systems apply only to manufacturing?
ACCT505 Week 3 Discussion Latest 2018 May
WEEK 3: COST-VOLUME-PROFIT (CVP) CONCEPTS (GRADED)
7272 unread replies.122122 replies.
Why is CVP analysis useful? Why is it an important concept in managerial accounting?
ACCT505 Week 4 Discussion Latest 2018 May
WEEK 4: BUDGETING CASE STUDY (GRADED)
4848 unread replies.129129 replies.
Let’s start the week by discussing Case 8-32 on pages 410 and 411. First, let’s discuss how the budgeting process as employed by Ferguson & Son Manufacturing Company contributes to the failure to achieve the budgeted costs. What could they do differently that might lead to better budget outcomes?
ACCT505 Week 5 Discussion Latest 2018 May
WEEK 5: STANDARD COSTS, VARIANCES, AND FLEXIBLE BUDGETS (GRADED)
104104 unread replies.127127 replies.
What are standard costs? Is a standard different from a budget? What happens if they are set too high or too low?
ACCT505 Week 6 Discussion Latest 2018 May
WEEK 6: SEGMENT REPORTING AND RELEVANT COSTS (GRADED)
8585 unread replies.117117 replies.
Welcome to Week 6 Discussions! Let’s begin with some definitions: What are sunk costs? Opportunity costs? Incremental costs? What is meant by relevant costs?
ACCT505 Week 7 Discussion Latest 2018 May
WEEK 7: CAPITAL BUDGETING (GRADED)
6666 unread replies.8686 replies.
Welcome to Week 7 Discussions! Let’s start with defining capital budgeting and decision making. What is capital budgeting? What are the differences between screening decisions and preference decisions? Do you ever have occasion to make capital budgeting decisions in your personal life?
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