as an accountant and reports to the controller, Jennifer Mackey. Bob has been performing routine types of accounting work, but he would like to become more involved in cost control and in analyses to help the managers make decisions. Recently, he performed a cost-volume-profit analysis of the company’s three products, as shown below. The analysis was based on data from last year’s accounting records. Prior Year Data | | Aggregate | Motor 15 | Motor 10 | Motor 5 | Sales at capacity (units)
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1. No Forrest Gump was not an ‘accounting’ hit in terms of net income. Based on the information given Forest Gump had a negative net income in 1994. 191 million gross receipts 112 million to produce 67 million promotional expenses 6.7 million advertising overhead charge 61.12 million distribution fee 6 million in interest The film actually had a negative net income of 61.82 million 2. Contribution Margin = Price Per Unit – Variable Cost The Variable
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1. The Coca-Cola’s history and reputation 2. Products of Coca-Cola 2.1 Brief introduction of Coca-Cola’s main products’ history and trend 2.2 Current situation of Coca-Cola’s products 2.3 The future of Coca-Cola’s products 3. Coca-Cola’s philosophy and marketing strategies 3.1 Coca-Cola’s Operating philosophy 3.2 Coca-Cola’s international strategy for globalization 4. Financial Statement Analysis 4.1 Liquidity and solvency 4.2 Profitability and valuation 5. Assessment and Conclusion 5
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How can the information generated from an Activity-based management or activity based costing system be used by management? Hello Class, Welcome all to WK 2 of this course on Managerial Accounting! I hope everyone is doing well as we dive into the topic of Activity Based Management (ABM). Here are my thoughts: What are ABM and ABC, and how can both be used by management? ABM is a business process model focusing on the control of production or performance activities so that they improve customer
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SCHOOL OF BUSINESS, ECONOMICS AND MANAGEMENT AFIN317 : ADVANCED MANAGEMENT ACCOUNTING DISTANCE STUDENTS ASSIGNMENT TWO DUE DATE 17TH APRIL 2015 LECTURER : MR OSCAR CHINYANTA EMAIL :chinyantao1976@gmail.com CELL NUMBER :0964405740 Instructions to Candidates: 1. All questions to be answered. 2. Full credit will be given only if all the working is shown. 3. Begin answering each question on a new page 4. Clarity and neatness of presentation will earn you an extra marks 5. Only
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The author, William, explored the role of CMA (Certified Management Accountant) certification and IMA (Institute of Management Accounting) play in accountants’ and financial professionals’ career story through this article” growing your career”. The CMA is the globally recognized, and advanced-level credential appropriate for accountants and financial professionals in business. It is the key to greater career potential. As the author mentioned, there are several characteristics in the CMA credential
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Kudler Accounting System BSA/10 May 24, 2014 Sharon Foreman, PhD. Kudler Accounting System Kudler Fine Foods has hired a consulting firm to assist in them with their selection and installation of a comprehensive Retail Enterprise Management System. Smith Systems Consulting had been selected for the contract. The analysis from Smith system recommended a scalable, modular Retail Management System was purchased, installed and determined to be a superior fit for Kudlers’ retail stores. Key
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Responsibility Accounting - an accounting information system and a managerial control device that involves: 1) identifying responsibility centers with their corresponding objectives 2) developing measures of achievement of such objectives 3) preparing/analyzing reports of such measures by the responsibility centers Responsibility Center -a sub-unit of an organization, such as a department, division, plant, business process or any segment whose manager
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Chapter 1 Accounting Information Systems and the Accountant Accounting Information System (AIS) * the study of the application of information technology to accounting systems * a collection of data and processing information that creates needed information for its user Data * raw facts about events that have little organization or meaning – for example, a set of eaw scores on a class examination Information * processed data that are useful and meaningful – for example, by sorting
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IMPACT OF ACCOUNTING INFORMATION ON MANAGEMENT’S DECISION MAKING – VINAMILK CASE STUDY TRUONG THUY CHUNG BACHELOR OF BUSINESS (ACCOUNTING) HONS HELP UNIVERSITY COLLEGE October 2011 i THE IMPACT OF ACCOUNTING INFORMATION ON MANAGEMENT’S DECISION MAKING – VINAMILK CASE STUDY By TRUONG THUY CHUNG Graduation Project Submitted to the Department of Business Studies, HELP University College, in Partial Fulfilment of the Requirements for the Degree of Bachelor of Business (accounting) Hons
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