ACC 312 - ACC 312 MANAGERIAL ACCOUNTING Cost Cutting in the...

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ACC 312 – MANAGERIAL ACCOUNTING Cost Cutting in the Automobile Industry Team Assignment Stephen Hopkins J. Simeon Beam Matt Fisher Clay Payne 4/26/2010 1 | P a g e
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201 E. 21 st St. Apt.159 Austin, Texas 78705 April 26, 2010 Professor Steve Smith Managerial Accounting Professor Red McCombs School of Business The University of Texas at Austin Austin, TX 78705 Dear Professor Smith: My group and I are writing you this report to inform you of some of the measures that companies in the automobile industry are using in order to cut some of their costs. These companies are cutting costs in response to the recent downturn in the economy. Every company is hurting at this point, and everyone is trying their best to stay afloat in the recession. Cutting costs is one thing that can help them to do that. This report is important to our Managerial Accounting class because the class is all about watching the costs of the company and trying to minimize them based on financial reports. We
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This note was uploaded on 06/07/2011 for the course ACC 312 taught by Professor Welsh during the Spring '08 term at University of Texas at Austin.

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ACC 312 - ACC 312 MANAGERIAL ACCOUNTING Cost Cutting in the...

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