Accounting

Define the term “relevant range” and explain its importance in understanding cost behavior. 

Case #1 Wild Wadi Co. manufactures the boards they use in their water park. Their accountant provided you with the following details showing the cost of making 1,800 units a year: Direct Materials $17,500 Direct labor $ 2,700 Variable overhead $ 2,100 Fixed manufacturing overhead $ 7,400 Total manufacturing costs $29,700 Suppose that China Sports […]

Explain the relationship between financial statements and why it is useful for managers to understand all three.

Statement of earnings, a statement of retained earnings The balance sheet ( attached ) Use the reading on preparing financial statements provided in the course pack, the course text chapter examples to prepare these statements. Various balance sheet and statements of earnings accounts for Home Restoration Outlet Ltd. are listed below in random order. You […]

Create a PowerPoint presentation (approximately 15-20 minutes, 16-18 slides) based on a company that has experienced accounting or financial fraud.

You will create a PowerPoint presentation (approximately 15-20 minutes, 16-18 slides) based on a company that has experienced accounting or financial fraud. Your PPT presentation should be narrated and include the following information: 1.) Overview of the company and the fraud/unethical activity that occurred. 2.) A discussion on the impact of the fraud on the […]

Identify at least two issues you want to change in the company and explain the impact of the change on the company’s financial reports.

Week 4 Assignment – Number Cruncher Versus Strategic Thinker Scenario For this assignment, you will take a set of financial reports from a company and try to determine what would happen if something changed within the company. You will identify something you want to change and then try to determine the impact of that change. […]

Write one paragraph discussing the accounting concepts behind reporting unearned income. State which accounts should be debited and credited, for how much, and explain why.

Prompt: The purpose of this assignment is for students to think critically about the concept of multiple performance obligations. Caleb’s Body Shop is a gym that sells annual memberships for $1,200. Each membership sold includes 12 coupons for $1 off at the gym’s juice bar — the coupons are similar to gift cards. (When a […]

Discuss,do any of the companies report a revaluation surplus for any assets, and if so, were there any changes in the revaluation surplus?

The objectives of the assignment are to give you hands on experience examining the financial statements of companies that use IFRS and to introduce IAS 1, Presentation of Financial Statements. Obtain the most recent Form 20-Fs for three non-US companies. At least two of the companies must use IFRS. (You may obtain this from the […]

Write an extended essay discussing on ‘Sustainability’ is not an issue that management accountants need to concern themselves with.

Management Accounting Essay: You are required to write an extended essay of no longer than 1,500 words on the following: ‘Sustainability’ is not an issue that management accountants need to concern themselves with. Critically discuss this statement. Analyse the academic journals, professional (CIMA & ACCA) literature and other sources such as the economist and good […]

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