Solution maf420 Question 1 a) Kettle : 3000 unit per month : 1‚500 kg of Material L Rice cooker : 1000 unit per month : 1‚500 kg of Material L So‚ the ratio is 1:3. If the company wishes to fulfill all the targeted kettle produce‚ therefore they should use all the material available to produce rice cooker for produce that component. From here‚ we can conclude that‚ the company need to scarified 1000 unit of rice cooker to produce 3000 unit of kettle. The total contribution lost is….
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overhead. But even that couldn’t solve the case if manufacturing process is complex. So the most effective method to use is the activity base costing. Management accountant overcome this problem by using activity based costing (ABC) Activity-Based Costing (control. It was developed as an approach to address problems associated with traditional cost management systems‚ that tend to have the inability to accurately determine actual production and service
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profits. The idea of replacing the labor with the help of new equipment will bring about an unprofitable break-even point. However Jill still insist on borrowing from bank to invest in the equipment regardless of the CVP analysis result‚ which raised some ethical issues. Analysis Question 1 Defining the stakeholders There are 5 major stakeholders arising from Jill’s decision‚ which are Jill herself‚ the lending bank‚ the working staff‚ the Australian tax office‚ and the customers. As the
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University of Michigan Why Do Firms Smooth Earnings?* I. Introduction Corporate earnings management has been much in the news lately. For example‚ Business Week has recently run two cover stories‚ one titled “Who Can You Trust?” (October 5‚ 1998) and the other titled “The Numbers Game” (May 14‚ 2001)‚ that suggest that the credibility of earnings reports is being eroded by earnings management. Arthur Levitt‚ Jr.‚ chairman of the Securities and Exchange Commission (SEC)‚ commented in 1998:
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Running Head: Financial Statement Analysis Liz Claiborne Noemi Clemente Instructor: Michelle Estevez Florida National College October 05‚ 2009. Introduction One of the purposes of this project is to compare and contrast the differences and similarities of Liz Claiborne for the last two years based in their income statements‚ financial ratios‚ and balance sheet. The reader would find information about the company and industry profile; therefore‚ this outline will show graphics to help
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According to the Chartered Institute of Management Accountants (CIMA)‚ Management Accounting is "the process of identification‚ measurement‚ accumulation‚ analysis‚ preparation‚ interpretation and communication of information used by management to plan‚ evaluate and control within an entity and to assure appropriate use of and accountability for its resources. Management accounting also comprises the preparation of financial reports for non-management groups such as shareholders‚ creditors‚ regulatory
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for condominiums. As a site for condominiums‚ the property would be very valuable and the company has an appraisal to that effect. However‚ if sold as single‑family home sites‚ it probably would be worth no more than $15‚000‚000. Shangri‑La management concedes 弃权 that their efforts at rezoning have met stiff local resistance‚ but they refuse to admit defeat. They are planning subtle social pressures on local political groups. Your audit inquiries confirm that the company has carried its rezoning
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will I am sure be of interest not only to our student audience but as a refresher to those of you in practice that may be required to deal with this concept. In most businesses debtor balances represent an important element of working capital. Accounting principles dictate that the supply of goods or services is accounted for as sales‚ at the point at which the buyer has a legal obligation to pay for them. Total debtors represent the value of credit sales for which payment has yet to be received
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← Abstract Faced with various issues of international accounting in cultural‚ economic‚ ethical and social level‚ after comparing US with China about the GAAP‚ analyzing the differences and difficulties in global accounting standard‚ it’s necessary to separate different accounting standards because of the diversification in different countries‚ it shows that accountancy professions play an important role in capital market‚ which can provide useful‚ relevant and reliable information to interested
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Airbus vs. Boeing the case study Jimmy Jones University of Phoenix The case “Boeing vs. Airbus: Two Decades of Trade disputes” deals with the dispute that has existed between the US aircraft giant and the European Aircraft manufacturing giant. Boeing has 57‚000 workers in Seattle and an additional 100‚000 employees
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