Questions from Managerial Accounting

Q: Describe the company selected, including its products or services

Describe the company selected, including its products or services

Q: A company currently has all of its managerial accountants reporting to the

A company currently has all of its managerial accountants reporting to the controller. What might be inefficient about this organizational structure? How might the company restructure? What benefits...

Q: List eight key activities performed at this company. Choose at least

List eight key activities performed at this company. Choose at least one activity in the areas of production, sales, human resources, and accounting.

Q: For each of the key activities, list a potential cost driver

For each of the key activities, list a potential cost driver for that activity and describe why this cost driver would be appropriate for the associated activity.

Q: Why might a company want to take lean thinking a step further

Why might a company want to take lean thinking a step further by including operations and methods associated with sustainability?

Q: Explain why departmental overhead rates might be used instead of a single

Explain why departmental overhead rates might be used instead of a single plantwide overhead rate.

Q: How can using a single predetermined manufacturing overhead rate based on a

How can using a single predetermined manufacturing overhead rate based on a unit-level cost driver cause a high-volume product to be overcosted?

Q: Assume a company uses a plantwide predetermined manufacturing overhead rate that is

Assume a company uses a plantwide predetermined manufacturing overhead rate that is calculated using direct labor hours as the cost driver. The use of this plantwide predetermined manufacturing overhe...

Q: Explain the potential problem that could arise from using ROI as the

Explain the potential problem that could arise from using ROI as the incentive measure for managers. What are some specific actions a company might take to resolve this potential problem?

Q: A company makes shatterproof, waterproof cases for the S-series

A company makes shatterproof, waterproof cases for the S-series of Samsung smart- phones. The company makes only one model and has been very successful in marketing its cases; no other company in the...