Questions from Managerial Accounting


Q: Can management of a company such as Polaris use cycle time and

Can management of a company such as Polaris use cycle time and cycle efficiency as useful measures of performance? Explain.

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Q: Access Dell’s annual report (10-K) for the fiscal

Access Dell’s annual report (10-K) for the fiscal year ended February 3, 2012, at the SEC’s EDGAR database (SEC.gov) or its Website (Dell.com). From its financial statement notes, identify the titles...

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Q: What product cost is listed as both a prime cost and a

What product cost is listed as both a prime cost and a conversion cost?

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Q: Should we evaluate a manager’s performance on the basis of controllable or

Should we evaluate a manager’s performance on the basis of controllable or noncontrollable costs? Why?

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Q: Explain why knowledge of cost behavior is useful in product performance evaluation

Explain why knowledge of cost behavior is useful in product performance evaluation.

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Q: Explain why product costs are capitalized but period costs are expensed in

Explain why product costs are capitalized but period costs are expensed in the current accounting period.

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Q: Assume that you are the managerial accountant at Infostore, a manufacturer

Assume that you are the managerial accountant at Infostore, a manufacturer of hard drives, CDs, and DVDs. Its reporting year-end is December 31. The chief financial officer is concerned about having e...

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Q: Why does managerial accounting often involve working with numerous predictions and estimates

Why does managerial accounting often involve working with numerous predictions and estimates?

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Q: Besides inventories, what other assets often appear on manufacturers’ balance sheets

Besides inventories, what other assets often appear on manufacturers’ balance sheets but not on merchandisers’ balance sheets?

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Q: In the following chart, compare financial accounting and managerial accounting by

In the following chart, compare financial accounting and managerial accounting by describing how each differs for the items listed. Be specific in your responses.

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