accounting 2 discussion 2 week 1

accounting 2 discussion 2 week 1 - Accounting II Week 1...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Accounting II Week 1 Discussion 2 Decision Case #1 1. Do you agree with the cost analysis for the second order? Explain. I agree with the cost analysis. Hiebert Chocolate has recently, over the past two months, encountered cost increases specifically dark chocolate and direct labor. Dark chocolate having the greatest increase in the amount of $1.00 however, employee time to fill and manufacturing did increase by 10% respectively. I believe that offering the same price per box for the second order as the first order of 500 boxes is a great business practice that would encourages the law firm to increase their order frequency as well as continuously building and strengthening the business relationship. However, increasing the per box price by $1.30 just a few months later is accurate and necessary, to be successful and earn a profit. . 2. Should the two orders be accounted for as one job or two in Hiebert’s system? This is one of Hiebert’s best customers, so I would advise Hiebert to account for the 2 orders as their own separate orders with unique order numbers, delivery dates and terms.
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern