Accounting 1-6
Jellysmith8900
ManagerialAccountingclassMODS1-6.docxManagerial Accounting class
Start by reading and following these instructions:
1. Quickly skim the questions or assignment below and the assignment rubric to help you focus.
2. Read the required chapter(s) of the textbook and any additional recommended resources. Some answers may require you to do additional research on the Internet or in other reference sources. Choose your sources carefully.
3. Consider the course discussions so far and any insights gained from it.
4. Create your Assignment submission and be sure to cite your sources if needed, use APA style as required, and check your spelling.
Assignment:
Please work the following exercises from the text and submit for grading.
Some exercises come with a “Working Template” for organizing the material. Please see these as an option for how to set up your assignments. You are not required to organize your assignments this way.
MOD 1
Exercises:
1. P1-27A, page 39: ERP cost-benefit analysis
2. E2-21A, page 86: Classify and calculate a manufacturer’s costs
3. E2-25A, page 88: Compute direct materials used and cost of goods manufactured
4. E2-31B, page 90: Classify costs along the value chain for a manufacturer
Inspired learning,
MOD 2
Exercises:
S4-16, page 220: Quality initiative decision
P5-51A, page 290: Process costing in a single processing department
P5-54A, page 296: Prepare a production cost report and journal entries
Inspired learning,
MOD 3
Exercises:
P6-68B, page 373: Analyze cost behavior
E7-40B, page 426: Prepare contribution margin income statements
A7-76, page 439: CVP analysis by intern with an ethical dilemma
MOD 4
Start by reading and following these instructions:
1. Quickly skim the questions or assignment below and the assignment rubric to help you focus.
2. Read the required chapter(s) of the textbook and any additional recommended resources. Some answers may require you to do additional research on the Internet or in other reference sources. Choose your sources carefully.
3. Consider the discussions and any insights gained from it.
4. Create your Assignment submission and be sure to cite your sources, use APA style as required, check your spelling.
Assignment:
Exercises:
1. P8-52A, page 498: Outsourcing decision given alternative use of capacity
2. P8-57B, page 500: Product mix decision under constraint
3. S8-8, page 480: Replace a department
4. E8-47B, page 495: Sell as is or process further
Essay Question:
How do you account for financial losses in order to maintain quality customer service, for example, a restaurant that gives a free meal to an upset customer or a company that gives repeat customers a discount? From the viewpoint of a management accountant, how would this cost be classified and how would it figure into a company’s financial statements?
MODULE 5
Start by reading and following these instructions:
1. Quickly skim the questions or assignment below and the assignment rubric to help you focus.
2. Read the required chapter(s) of the textbook and any additional recommended resources. Some answers may require you to do additional research on the Internet or in other reference sources. Choose your sources carefully.
3. Consider the discussions and any insights gained from it.
4. Create your Assignment submission and be sure to cite your sources, use APA style as required, check your spelling.
Assignment:
1. P9-58A, page 566: Cash budgets under two alternatives
2. P9-60A, page 567: Budgeted income statement
3. P10-50B, page 643: Prepare and interpret a performance report
4. E10-39B, page 635: Prepare a flexible budget performance report
MODULE 6
Start by reading and following these instructions:
1. Quickly skim the questions or assignment below and the assignment rubric to help you focus.
2. Read the required chapter(s) of the textbook and any additional recommended resources. Some answers may require you to do additional research on the Internet or in other reference sources. Choose your sources carefully.
3. Consider the discussions and any insights gained from it.
4. Create your Assignment submission and be sure to cite your sources, use APA style as required, check your spelling.
Assignment:
Exercises:
1. P11-49A, page 699: Calculate and explain direct material and direct labor variances
2. P12-61B, page 773: Evaluate an investment using all four methods
Essay Question: approx. 750 words
View the TED video: Accounting for Nature
Write a 750 word essay on your reactions to this call for change in our accounting systems to truly account for the costs of production. Do you think this is realistic? What value would obtain from following the practices being proposed. Where do you think firms might struggle with this approach?
