THE UNIVERSITY OF TEXAS AT SAN ANTONIO PRINCIPLES OF ACCOUNTING II ACC 2033 – SPRING 2013 SYLLABUS Instructor | Adrian Wong‚ Ph.D. | Email | adrian.wongboren@utsa.edu | Phone | 210-458-8750 | Office | BB 4.06.28 | Class Time | Sec 005: 2:00 pm – 3:15 pm / TR Sec 901: 8:00 pm – 9:15 am / TRSec 004: 11:00 am–12:15 pm / TR(Class in Spanish) | Office Hrs | 12:30 pm – 2:00 pm / TR | Course Files | https://bb.utsa.edu | Room | Sec 005: TBA Sec 901: TBASec 004: TBA | Prerequisites | ACC
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A Proposal for M. Phil Research Study ‘Costing and Pricing of Poultry products in Bangladesh – An Evaluation’ 1. Introduction: Agriculture plays an important role in economic development of Bangladesh. Poultry is one of the important subsectors of agriculture. Poultry is domesticated birds kept by humans for the purpose of producing eggs‚ meat‚ and/or feathers. Now a day‚ poultry is another growing industry in Bangladesh. Chickens‚ ducks‚ quails and turkeys‚ pigeons are included in poultry
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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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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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000/1000=220$ ABC OH RATE 280‚000/70‚000=5$ ABC OH RATE 270‚000/1200=225$ ABC OH RATE Compute the activity based OH rates for these three cost pools. c)compute the cost that is assigned to the car wheels and truck wheels pro. lines using an activity based costing system‚given following info Expected use of cost drivers per product: Solution c) 200*220=44‚000 cost assigned 40‚000*4= 160‚000 100*225= 22‚500 total cost assigned is 226‚500 2) the lady sells window covers to both comm. and residential customers
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Good afternoon everyone. We would like to begin by introducing ourselves; we are team four and my name is Jenny. Today our presentation will propose an improved costing system for the printing division of Corelio. The outline of our presentation is as follows. Firstly‚ I will describe the problem that Corelio is currently facing with regards to its costing system. Joy will state the recommendation briefly and give an industry analysis. Emm will discuss the strategic management accounting
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Chapter 2 Internet Exercise #1 As you know‚ financial accounting differs in many ways from managerial accounting. • The website of the Institute of Management Accountants (IMA) at http://www.imanet.org/ provides an overview of the Certified Management Accountant (CMA) designation. (See the Certification link on the home page.) • The website of the American Institute of Public Accountants (AICPA) at http://www.aicpa.org provides an overview of the Certified Public Accountant (CPA) designation
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Chapter 5 7. Briefly describe the activity-based costing allocation process. Activity-based costing involves two allocation stages and includes a multitude of cost drivers. The first stage known as ABC assigns costs to pools; which signify the activities of the costs to be incurred. During the second stage the cost pools are allocated to products or cost objects by utilizing cost drivers that measure the object’s use of that activity. 12. Milken Manufacturing has three product lines. The
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Justin Girouard Managerial Accounting 10/3/12 Module 6 Assignment 2 Ferguson & Son Manufacturing company is attempting to increase efficiency and reduce cost by introducing monthly performance reports for each department. Robert Ferguson Jr is trying to introduce this new type of accounting system and when you try something like this you will always run into some problems‚ but Robert is creating a culture of resentment. Robert Ferguson is using a static planning budget to analyze the
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Implement ABC Rather than Traditional Cost System Executive Summary Activity-based costing provides a more accurate method of product/service costing‚ leading to more accurate pricing decisions. It increases understanding of overheads and cost drivers; and makes costly and non-value adding activities more visible‚ allowing managers to reduce or eliminate them. ABC enables effective challenge of operating costs to find better ways of allocating and eliminating overheads. It also enables improved
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