Professional Documents
Culture Documents
In this case, you are provided the overhead cost data for the Auerbach
Enterprises. Management needs advice in determining how to allocate
these costs utilizing a job order costing system either department-wide
or company-wide. Address Questions 1through 5 located at the end
of the case. Based on the case questions, you are required to provide
a three to five double-spaced written report addressing managements
concerns and providing recommendations. The written report should
be properly formatted according to APA guidelines and demonstrate
research and critical thinking skills.
Explain the similarities and differences between job order costing and
process costing. In your explanation, provide examples of when job
order costing and process costing would be most appropriate. Your
initial post should be 200 to 250 words
Describe the three methods used to allocate joint costs. What are the
advantages/disadvantages of each allocation method? Which method
would you recommend? Why? Support your position with evidence
from the text or external sources. Your initial post should be 200-250
words.
Budgeting Comments
(Exercise 6-13 Revised) Select one of the following quotes from the
text to discuss. Clearly state whether you either agree or disagree with
the comment and support your opinion with at least one scholarly
resource. Include in your response an explanation of the major
purposes of budgeting. Your initial post should be 200-250 words.
"One major criticism of budgeting is that it is used as a cost
reduction tool rather than a cost control tool.
Evaluating Performance
When comparing various divisions within a company, describe what
problems can arise from evaluating divisions that have different
accounting methods, as described in Chapter 11 of your text. Cite three
examples of accounting methods that could cause divisions' profits to
differ. Your initial post should be 200-250 words.
For your Final Paper, you will analyze the role of managerial
accounting in two parts. Part I will provide a general overview of
managerial accounting. Part II will provide examples of how
managerial accounting theories and principles are applied in the
business world. You may find it helpful to reflect upon your own
professional experiences for examples.