ACTIVITIES LESSON 2
1. Whitaker Companys relevant range is between 8,000 units and 16,000 units. If 10,000 units are produced, variable costs are
200,000 and fixed costs are 450,000. Assuming production increases to 15,000 units, compute (a) total variabl
Match each of the following terms with its definition.
Enterprise risk management
a. _ A series of steps that are followed in order to carry
out some task in a business.
b. _ An
Activities Lesson 3
1. Reformer Company estimates that 64,000 direct labor hours will be worked and
80,000 machine hours will be incurred during the year. In addition, the company
has developed the following cost estimates for next year:
Chapter 2: Applying Excel
Cost of goods sold
Enter a formula into each of the cells marked with a ?
Management accountants perform three important roles: problem solving, scorekeeping, and attention
Problem solving uses comparative analysis for decision making.
Scorekeeping entails accumulating data and reporting resultsto all levels of man