Week3:Week3ThreadedDiscussionSolution
TDSolution
Budget slack occurs when subordinates (a) ask for excess resources above and beyond
what they need to accomplish budget objectives and (b) distort information by claiming
they are not as efficient or effect
ACC433A CHAPTER 6 LECTURE
This chapter introduces the topic of budgets. Budgets are a primary financial planning tool used
by businesses and other organizations. The chapter explains how businesses use and prepare
budgets as part of the management process
ACC433A CHAPTER 8 LECTURE
The previous chapter focused on analysis of direct manufacturing costs. This chapter moves into
planning and variance analysis of variable and fixed manufacturing overhead. Development of
budgeted overhead cost rates is covered.
ACC433A CHAPTER 7 LECTURE
This chapter introduces the concept of flexible budgets and variances. Direct Cost Variances
Direct Materials Price and Efficiency Variances and Direct Labor Price and Efficiency Variances.
In addition, managerial use of variance
ACC433A CHAPTER 5 LECTURE
Chapter 5 focuses on allocation of indirect costs by using an activity-based costing (ABC)
system. Companies that produce a variety of products need a costing system that allocates costs
based on the varying resource demands of e
ACC433A CHAPTER 1 LECTURE
Chapter 1 is an important introductory chapter. The underlying premise of this text, Cost
Accounting: A Managerial Emphasis, is the importance of cost accounting data in making
managerial decisions. Distinction is made between fi
ACC433A CHAPTER 3 LECTURE
This chapter presents the cost-volume-profit (CVP) analysis model and illustrates how managers
use that model to help answer important what-if business questions. CVP analysis also helps
management accountants alert managers to t
ACC433A CHAPTER 2 LECTURE
Chapter 2 defines and explains important cost accounting terms and concepts that will be
discussed in the following chapters. Understanding the concepts and terms discussed in this
chapter is a prerequisite to successfully comple
ACC433A CHAPTER 17 LECTURE
This chapter deals with the topic of process costing. Process costing is at the other end of the
spectrum from job costing. Process-costing systems are used when companies produce a large
quantity of identical or very similar go
TD WEEK 2 SOLUTION
a. Budget rates are normally used because actual costs may not be available until some time after a
job is completed. Decisions about billing a client for services rendered generally must be made
immediately after the job is completed.
A New Look at Materiality
Gregory Falberg
What are the latest views on materiality in financial accounting? How have standards for
measuring materiality changed since passage of the Sarbanes-Oxley Act? And what new approaches
are being taken to better ass
Week3:Week3ThreadedDiscussionSolution
TDSolution
Budget slack occurs when subordinates (a) ask for excess resources above and beyond
what they need to accomplish budget objectives and (b) distort information by claiming
they are not as efficient or effect
TD WEEK 3 Response
What is a budget slack?
Budget slack is when an employee purposely projects a higher expenses or lower revenue costs
resulting in the favor of the projector whether projected higher or lower than he or she should
have realistically. By
Week3:Week3ThreadedDiscussionSolution
TDSolution
Budget slack occurs when subordinates (a) ask for excess resources above and beyond what
they need to accomplish budget objectives and (b) distort information by claiming they are
not as efficient or effect
TDSolution
a. It is the difference between the 46,000 and the actual production level for the period. The difference
between the 54,000 and the 46,000 is the unused capacity that was planned for the period. The
difference
between
the
46,000
and
the
actual
TDSolution
a. It is the difference between the 46,000 and the actual production level for the period. The difference
between the 54,000 and the 46,000 is the unused capacity that was planned for the period. The
difference
between
the
46,000
and
the
actual
ACC433A CHAPTER 9 LECTURE
This chapter focuses on two related concepts: Variable costing, which is introduced and compared
with absorption costing; and throughput, or super-variable costing. In the second part of the
chapter, capacity concepts that can be
