Explore BrainMass

Explore BrainMass

    Management Accounting

    BrainMass Solutions Available for Instant Download

    Organisational Behavior: Managerial Styles

    Hi, Please give me an outline/ guide to attempt this question. What are the appropriate motivation theories, what are the differences/ similarity of David & John managerial styles. Whose style is more appropriate? Who would you rather work for and why?, Please see attachment for case study.

    Unit Production Cost

    Oasimi Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price............................................................................ $121 Units in beginning inventory.......................................................0 Units produced.......

    Managerial Compensation: Ownership and Control

    Critically discuss how managerial compensation can help align the interests of shareholders and manager, and hence be effective in mitigating the costly consequences of the separation of ownership and control.

    Standard Cost vs. Actual Cost

    The difference between standard and actual cost per unit of input is measured by: a) the raw material price variance b) the direct labor rate variance c) the variable overhead spending variance d) all of the above.

    Controllable vs. Noncontrollable Cost

    The key difference between a controllable cost and a noncontrollable cost is: a) the larger amount of the cost b) the frequency of cost incurrence c) the short term ability to influence the cost by the manager d) whether the cost is fixed or variable.

    Managerial Economics: Relevant Costs

    Two partners own a small landscaping business in North Carolina called Summer Lawn Care. They have been specializing in summer grass seeding, installation, and maintenance. Recently, the partners acquired special technology and know-how for winter grass installations and maintenance. They also added a tree cutting service as rec

    Standard Cost for a Product

    Once standard costs for products or services have been developed: a) they must be updated monthly to be useful b) they can be used for more than planning and control purpose c) they need not be revised unless the product or service is modified d) performance reports must be issued if the standards are to be useful

    Principles of Managerial Accounting Paper

    Need help with the concepts of a paper discussing the principles and concepts of managerial accounting. Below are the concepts that must be included. These concepts must be discussed within the paper: an overview of managerial accounting and the business environment, cost term concepts and classifications; cost behavior anal

    Managerial economics: Triple-Bottom-Line Outcomes vs Profit Maximization

    I need help with the following question. Why do some business firms pursue a triple-bottom-line outcome while others focus only on profit maximization? Please, use a real company example to illustrate your points. In 300 words or more, please, provide your response to the above discussion question. Comment on how customers ca

    Shortening a cash cycle

    A company can shorten its cash cycle by: 1-reducing inventory turnover 2-reducing account payables 3-reducing days receivable 4-none of the above

    Standard Cost System at Photos Inc.

    Photos Inc. has a standard cost system in which it applies overhead to products based on the standard direct labor hours allowed for the actual output of the period. Data concerning the ost recent year appear below: Total budgeted fixed overhead cost for the year $250,000 Actual fixed overhead cost for the year

    Standard Cost System: Posters Now Case

    Posters Now uses a standard cost system. Job 67 is for the manufacturing of 800 unites of the product P100. The company's standards for one unit of product P100 are as follows: Standard quantity: 11 ounces Standard price: $3 per ounce Standard direct labour: 1.5 hours Standard labor rate: $12 per hour The job required 8

    Cost Allocation Scenario

    Scenario: A Company has two production departments (Planting and Harvesting) and two service departments (Cafeteria and Repairs). The service department costs must be allocated to production departments. Management has decided to allocate the cost of the cafeteria to other departments based upon the average number of employees a

    Dual Rate Cost Allocation

    A Company allocates telephone expenses based on a variable rate of $1 per phone call. It allocates the fixed monthly charge equally over its budgeted usage. B Division expected to make 300 telephone calls, but actually made 350. C Division expected to make 300 telephone calls, but actually made 250. Actual fixed costs for the mo

    Allocating Costs in a Hospital Admissions Office

    Hospital Admissions Office The admissions office of a large hospital has an annual operating budget of $700,000. These costs are distributed to impatient departments (surgery, medicine, pediatrics, psychiatry) and to outpatient departments (drug treatment, prenatal care, and dialysis). In the past, the admissions office's cos

    Discussing Managerial Roles

    Consider these roles: managerial roles, interpersonal roles, informational roles and decisional roles. Questions: Which role do you believe is the most important to the development of management within an organization. Why? How can it be developed within the senior management of an organization? You can relate this to your ow

    Calculation of Total Relevant Cost

    Climate-Control, Inc., manufactures a variety of heating and air-conditioning units. The company is currently manufacturing all of its own component parts. An outside supplier has offered to sell a thermostat to Climate-Control for $31 per unit. To evaluate this offer, Climate-Control, Inc., has gathered the following informatio

    Investment and Portfolio Management

    David and Lucile Packard Foundation Investment Philosophy and Strategy 1) What investment philosophy and strategy would you choose in order to best further the goals of the David and Lucile Packard Foundation? 2) To what extent can your investment philosophy and strategy at the David and Lucile Packard Foundation differ

    Operating leverage, margin of safety and cost behavior

    Explain how a 3 percent decline in sales at Home Depot could cause a 21 percent decline in profits. What accounting concept was involved, how were the various major types of costs incurred by Home Depot likely affected by the decline in its sales, and the effect of the decline in sales on Home Depot's margin of safety?

    Depletion/Extraord Loss, Acctg R&D Costs, & Correct Intangible Asset Acct

    E12-16 (Accounting for R&D Costs) Margaret Avery Company from time to time embarks on a research program when a special project seems to offer possibilities. In 2009 the company expends $325,000 on a research project, but by the end of 2009 it is impossible to determine whether any benefit will be derived from it. Inst

    Calculating break-even points and production cost

    Michael Vick has written a self-improvement book that has the following cost characteristics: Selling Price: $16.00 per book Variable cost per unit: Production $4.00 Selling & administrative 2.00 Fixed costs: Production $88,000 per year Selling & administrative 18,000 per year How many units must be sold t

    Managerial Accounting: Break-Even Point

    Carolina Products has the following product information: Sales price - $25.00 per unit Variable costs - $15.00 per unit Fixed costs (total) - $50,000 Required: Calculate the following based on the above information: A. How many units need to be sold in order to break-even? B. Calculate the increase in net income if an ad

    Managerial Accounting: After-Tax Profit

    A manager is considering a special project that will increase cash sales by $80,000 and increase costs by $30,000. All cash receipts are taxable and all costs are tax deductible. If the tax rate is 30%, what will be the after-tax profit from the special project?

    Managerial Accounting: Incremental Revenue Problems

    a. Kaplan Company manufactures ties. When 28,000 ties are produced, the costs per unit are: Direct materials $0.60 Direct manufacturing labor 3.00 Variable manufacturing overhead 1.20 Fixed manufacturing overhead 1.60 Variable selling 0.80 Fixed selling 1.13 The ties normally sell for $22 each. The company has received

    Analysis of the Management Accounting System in Walmart

    Examine the Walmart's accounting and finance practices. This should be a formal business report that provides both specific processes and strategies involving budgeting, costing, capital decision making, capital acquisition, and cost of capital structure. These processes and strategies are to be supported with management account

    Managerial Accounting: Marginal Cost of a Special Order

    Mazeppa Corporation sells relays at a selling price of $28 per unit. The company's cost per unit, based on full capacity of 160,000 units, is as follows: Direct Materials: $6 Direct labor: $4 Overhead (2/3 OF WHICH IS VARIABLE): $9 Mazeppa has been approached by a distributor in Montana offering to buy a special order co