Managerial Accounting and Control Decision Making: Relevant Costs and Benefits Case 14-62 Submited to: Prof. Virgilio c. Avila Submitted by: Roy Kondoy Shella Faye Background of the Study Sportway Corporation Sportway is a wholesale distributor supplying a wide range of moderately priced sports equipment to large chain stores Products: 60% purchased‚ 40% manufactured The company has a Plastics Department that is currently manufacturing molded fishing tackle boxes Sportway
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Susan “Genie” Wiley‚ otherwise known as the “Feral Child” was born April 18th‚ 1957. She was a child of abuse‚ isolation‚ and neglect by the people who surrounded her during her very sheltered life. The environment that Genie was subjected to was a lonely one. For most of her life she was limited to one bedroom in the household and was affixed to a chamber pot that allowed for little movement‚ essentially complete isolation. Her caregivers—or lack of was her father and mother who she lived with along
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ASA University Review‚ Vol. 4 No. 1‚ January–June‚ 2010 Management Accounting Practices: A Comparative Analysis of Manufacturing and Service Industries Farjana Yeshmin* Rehana Fowzia* Abstract The study aims to examine the use of the management accounting techniques in manufacturing and service industries of Bangladesh for discharging managerial functions. To achieve this objective‚ 151 organizations from manufacturing and service industries have been surveyed with a structured questionnaire by
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Kehinde Wiley was born in 1977 in Los Angeles‚ California. His father is Yoruba from Nigeria‚ and his mother is African-American. His mother supported his love for art since a early age and enrolled him in art after school art classes. When Kehinde was 12 he spent a little time in at an art school in Russia. Kehinde did not grow up with his father‚ at the age of 20 he traveled to Nigeria to explore his roots and meet him. Kehinde earned his BFA from the San Francisco Art Institute in 1999 and his
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Blue Nile Case 1. Blue Nile’s Strategy for success in the marketplace is to increase Blue Nile recognition and create more customer traffic. They want to build a brand loyalty among their customers to encourage repeat purchases. Blue Nile has both online and offline advertising. They offer a wide range of high quality diamonds to appeal to more buyers. Also to keep their pricing competitive. a. I would think that Blue Nile relies on operation excellence to keep customers coming back. They continue
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"Financial accounting produces information for external parties such as stockholders‚ suppliers‚ banks‚ and government regulatory agencies" (Horngren‚ Sundem‚ & Stratton‚ 2005‚ p. 5). "Financial accountants prepare financial statements based on general ledgers and participate in important financial decisions involving mergers & acquisitions‚ benefits/ERISA planning and long-term financial projections"(Accounting: Job Options‚ 2000). These reports are used by owners of a business‚ or by people who
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This artwork is created by Kehinde Wiley and the name of this artwork is called “Fishermen at Sea (Jean-Frantz Laguerre and Andielo Pierre)‚ 2017.” This painting is part of his “In Search of The Miraculous” exhibition. Wiley is essentially known for his naturalistic style of African-Americans. His art is extremely contemporary which mostly references classical works from great painters and incorporates “street models” which he takes pictures of and uses them to creatively recreate pieces in his own
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Chapter 6 Cost-Volume-Profit Relationships Solutions to Questions 6-1 The contribution margin (CM) ratio is the ratio of the total contribution margin to total sales revenue. It can be used in a variety of ways. For example‚ the change in total contribution margin from a given change in total sales revenue can be estimated by multiplying the change in total sales revenue by the CM ratio. If fixed costs do not change‚ then a dollar increase in contribution margin will result in a dollar
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Questions 1. Which of the following statements about managerial accountants is false? A. Managerial accountants more and more are considered "business partners." B. Managerial accountants often are part of cross-functional teams. C. An increasing number of organizations are segregating managerial accountants in separate managerial-accounting departments. D. In a number of companies‚ managerial accountants make significant business decisions and resolve
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Managerial Perspective ACC/561 February 10‚ 2014 Seth Jardine Activity-Based Overhead Rate R&D activities fall into four pools. The four activity pools are market analysis‚ product design‚ product development‚ and prototype testing. The annual costs are $1‚050‚000 for market analysis‚ $2‚350‚000 for product design‚ $3‚600‚000 for product development‚ and $1‚400‚000 for prototype testing. The total estimated drivers for each activity are 15
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