Accounting 525 01W‚ 02W and 03W Advanced Managerial Accounting Spring 2013 Instructor: Class Hours: Online Course Office Hours: Online Course Class meeting dates: January 14th – May 10th Text: Managerial Accounting‚ 14th ed.‚ by Garrison‚ Noreen and Brewer. ISBN 9780077503932 (Hard cover bundle – text and Connect access) or 9780077909703 (Loose leaf bundle) or 9780077317751 (electronic Connect Plus with on line text) Prerequisites:
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Decision at Applied Office Product Company ’s Background In 1992‚ Allied Office Products was a corporation with annual sales of $900 million. It deals with manufacturing of following forms : * Business Forms * Specialty paper product such as writing paper‚ envelopes‚ note cards‚ and greeting cards In 1988‚ as form manufacturing business matures‚ Allied Office Product had expanded into business form inventory management system and put a step ahead to attain a competitive advantage by embarking
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University International Professor: Dr. Ralph Ezelle May 18‚ 2015 Actvity Based Costing Analysis for Towels & More In this case assignment‚ I will calculate the customer support and distribution costs associated with the three types of customers using a simple strategy first and allocate the costs based on revenues. Recalculate allocations using activity based costing (ABC)‚ determine contribution margin less customer support and distribution costs for both approaches above
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Learning outcome: 1: Know the role of a team leader within a team 1.1 Describe the attributes of a team leader A team leader must be able to guide and develop his team and focus them to work against a common goal‚ thereby contributing to the success of both his team and the company or project they are working for. In order to achieve this‚ a team leader needs great communication skills so that they can provide the necessary feedback‚ development and coaching of the team as well as clearly being
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Grading Summary These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. Date Taken: 2/1/2015 Time Spent: 1 h ‚ 22 min ‚ 27 secs Points Received: 190 / 190 (100%) Question Type: # Of Questions: # Correct: Multiple Choice 10 10 Short 4 4 Grade Details - All Questions Page: 1 of 2 Question 1. Question : (TCO 1) Which of the following is NOT a difference between Financial Accounting and Managerial
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Critical review of the Traditional Paradigm of Management Accounting Arnold and Hope (1983) defined that management accounting is considered to provide the information to managers to assist them to make decisions about the ways in which an organisation’s resources should be allocated. Puxty (1998) said that a framework should be provided because of many different approaches that can be taken to define a subject. Also‚ in order to understand management accounting‚ it is necessary to study the assumptions
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What are the attributes of a high quality accounting standard? Globalization is a fact of life in today’s worldwide economy. They are many barriers to achieving a true global market; one of these barriers has to do with accounting standards or the presentation of accounting information. Various users have diverse needs for financial information. Companies in different parts of the world had their own methods in preparing their financial statements. Trying to compare the accounting rules of these
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1. Activity Based Costing benefits businesses that are more complex in nature. In this case‚ Greetings. INC has added a new product line‚ Wall Decor‚ which permits them to grow without expanding their physical stores; however‚ they have significantly raised their overhead costs by multiplying their cost drivers. Not to mention the fact that they have incorporated a largely automated system into their product line‚ which we know calls for an ABC system. The main reason to move to ABC though‚ would
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Managerial accounting is for internal users (managers ) who plan‚ control‚ and make decision. 2.Why do you need Managerial Accounting? The three objectives of a management accounting information system are: 1.To provide information for costing
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NOVA SCHOOL OF BUSINESS AND ECONOMICS MANAGEMENT ACCOUNTING (1202) HANDBOOK OF EXERCISES 2014 / 2015 Page 1 / 69 NOVA SCHOOL OF BUSINESS AND ECONOMICS MANAGEMENT ACCOUNTING (1202) HANDBOOK OF EXERCISES 2014-20151 I - Introduction to Management Accounting Exercise 1 Exercise 2 Exercise 3 Exercise 4 Exercise 5 Exercise 6 - The MA Company - The Alimentar Company - The Alfa Company - The Metalex Company - The Reparadora Company - The DoceAroma Company II - Inventory Valuation and Profit Measurement
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