For each of the following managerial accounting techniques, read the definition provided and
then provide an example of a personal situation that would benefit from the use of this technique.
Break-even analysis (page 215)
Budgeting (page 388)
AC 330 Seminar Assignment Unit 6
Write a 2-3 page paper that addresses the differences in creating budgets for the following
entities: manufacturing, non-manufacturing, serviced based business and not for profit
organizations. Your paper should cover the
This teamwork project is adapted from BYP6-5, Communication Activity, on pp. 293 of your
Westfield Corporation makes two different boat anchors a traditional fishing anchor and a high
end yacht anchor using the same production machinery. The con
You are an accountant in the budgetary, projections, and special projects department of American
Conductor, Inc., a large manufacturing company. The president, William Brown, asks you on
very short notice to prepare some sales and income projections cover
Qualified and non-qualified retirement plans are created by employers with the intent of
benefiting employees. The Employee Retirement Income Security Act (ERISA), enacted in 1974,
defines qualified and non-qualified plans.
Qualified plans are designed to
AC 330 Seminar Assignment Unit 5
Discuss the three cost concepts used in incremental analysis and explain their importance in
Select three types of incremental analysis and in your own words document how to perform the
1.The stakeholders in this case are:
Jack McClintock, president of McClintock Industries.
Jeremy Phelps, public relations director.
You, as controller of McClintock Industries.
Stockholders of McClintock Industries.
Potential investors in McClintock Indus
Tappit Corp. is a medium sized wholesaler of automotive parts. It has ten stockholders who have
been paid a total of $1 million in cash dividends for eight consecutive years. That boards policy
requires that, for this dividend to be declared, net cash pro
The comparative advantages and disadvantages of ideal versus normal standards.
Ideal standards are those based on the best or most favorable circumstances. Since they are
inherently unrealistic and barely attainable, there are some obvious demerits to usi
Consider this - is it ethical that CEO's get paid salaries hundreds of times greater than their most
junior employees? You could argue a CEO contributes more to the overall wealth and health of
the company and should be appropriately rewarded, however, ot
An Essay on Criticism by Alexander Pope (1688-1744) English poet we get the quote, To
err is human; to forgive, divine. In my opinion, this is one of those Golden Rules that is
applicable to all aspects of our lives.
I found this little quote which in my
Accounting provides information regarding financial positions of organizations or businesses and
is critical to investors because it will aid in determining important decisions on whether to invest
in a company or not. Although this information should alw
When considering any expansion of the facilities, they should be for adjusting or expanding the
changing production needs. The goal is to minimize changeover or setup times for producing the
different products while still achieving close to assembly line
My apologies to you all for the delay but I was hospitalized for a few days with a viral infection!
In my opinion, the variable costs on the production of the Chicken Bone Candy will have
extremes in both high and low, which is why the company probably us
Old-fashioned hard candy has been made as a sweet treat by many generations before us and
we're still fascinated by the allure of long-lasting, tasty candy. Also known as boiled sweets or
crunched sweets, old-fashioned candy is suitable for being sucked r