Accounting 350

Discussion 1.

"Big Spender"  Please respond to the following:

• Using the Five Step Decision Making Process presented in  examine a recent decision you made (e.g., go to college, take a new job, buy a house, or buy a phone). Identify each step of your decision by the criteria of this process.

Discussion 2.

"Help is Needed!"  Please respond to the following:

• Review the article in  of the text titled "High Fixed Costs Bankrupt Twinkie Maker" regarding the bankruptcy of Hostess Brands - maker of the renowned Twinkie! Identify the cause of the bankruptcy in terms of variable costs and fixed costs. Utilize your knowledge of costs to suggest a plan that could have saved Hostess Brands.