BUS
630 Entire Course Managerial Accounting
BUS 630 Week 1
BUS 630 Week 1 Assignment Case 2B
Mendel Paper Company
BUS 630 Week 1 DQ 1 Ethics in Cost
Control
BUS 630 Week 1 DQ 2 Fixed and
Variable costs
Ethics in Cost Control. (Exercise 1-9) Zoya Arbiser, regional manager of Gold
Medal Sports Shops, is reviewing the results of 15 stores in her region. Store
managers are moved annually. Each store manager’s income is very dependent on
the direct contribution margin of that store. For the past year, Store 9 has
been managed by a person who has operated several other profitable stores in
recent years and is about to be promoted to a larger store. Zoya notices
several items that bother her.
Store 9 has almost no personnel
training expenses relative to other stores.
Store 9 has stopped participating in
numerous community events that gave the store significant visibility but did
incur substantial expenses.
Store 6, where this store manager
worked the prior year, has had a severe drop in profits due to higher operating
expenses.
The advertising budget was spent
almost entirely in the first four months of the year, with almost nothing spent
in the last several months.
Discuss a possible negative
managerial scenario that the regional manager may be sensing. Might the manager
of Store 9 be an exceptional manager? What are the ethical implications of the
scenario? What is the regional manager’s ethical responsibility in this
scenario? Explain and support your position with evidence from the text. Your
initial post should be 200 to 250 words.
Fixed and Variable Costs. (Chapter 1 Discussion Question 9(a)) Controller, Judy
Koch, in a recent speech said, “I rarely see a real variable cost or a truly
fixed cost.” What did she mean? Include in your response an explanation of the
difference in behavior of variable and fixed cost, including an example to
illustrate your explanation. Your initial post should be 200 to 250 words.
Mendel Paper Company. Complete Case 2B (Mendel Paper Company) in Chapter 2.
In this case, you are provided
information regarding selling prices and costs of several products offered by
Mendel Paper Company. In addition, management has concerns about sales mix and
rising costs. Address the questions (1-5) 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 management’s concerns. The written report should be properly
formatted according to APA guidelines and demonstrate research and critical
thinking skills. Conclusions and recommendations should be supported by at
least 2 scholarly sources from the Ashford Library or other external sources,
excluding the textbook.
For Questions 1 through 4, you will
need to complete several calculations – be sure to label and clearly identify
your work to demonstrate your understanding of the concept even if you arrive
at the incorrect answer. The calculations should be included as part of your
analysis and written report required for submission.
For Question 5, fully address
management’s concerns as part of your written analysis using the new or the previous
calculations to support your recommendation/explanation. As part of your
written analysis, include how management might use these calculations to make
decisions. The written analysis should be supported by at least 2 scholarly
sources, excluding the textbook.
Week 1 Written Assignment should:
Demonstrate graduate level work
including appropriate research and critical thinking skills.
Be presented as a written analysis
(not a question/answer format)
Incorporate case questions into the
overall analysis.
Follow APA formatting guidelines
including title page, reference page and in-text citations
Consists of three to five
double-spaced pages of content
Provide at least 2 scholarly
sources, excluding the textbook.
BUS 630 Week 2
BUS 620 Week 2 Assignment Case
3A Auerbach Enterprises
BUS 630 Week 2 DQ 1 Product
costs
BUS 630 Week 2 DQ 2 Job Order
Costing vs. Proess Costing
Product Costs. In Chapter 3, you were introduced to three types of costs
associated with a manufactured product – direct materials, direct labor, and
manufacturing overhead. Explain how these costs are associated with the
manufactured product. Why are some of these costs allocated to the product
through costing methods such as job order costing or process costing?
As part of your response, be sure to
provide a specific example of a company’s manufacturing costs. Your initial
post should be 200-250 words and your example should be properly cited
according to APA as outlined in the Ashford Writing Center.
Job Order Costing vs. Process
Costing. 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.
Auerbach Enterprises. Complete Case 3A (Auerbach Enterprises) in Chapter 3.
Auerbach Enterprises manufactures
air conditioners for automobiles and trucks manufactured throughout
North America. The company designs
its products with flexibility to accommodate many makes and models of
automobiles and trucks. The
company’s two main products are MaxiFlow and Alaska. MaxiFlow uses a few
complex fabricated parts, but these
have been found easy to assemble and test. On the other hand, Alaska uses
many standard parts but has a
complex assembly and testing process. MaxiFlow requires direct materials costs
which total $135 per unit, while
Alaska’s direct materials requirements total $110 per unit. Direct labor costs
per
unit are $75 for MaxiFlow and $95
for Alaska.
Auerbach Enterprises uses machine
hours as the cost driver to assign overhead costs to the air conditioners.
The company has used a company-wide
predetermined overhead rate in past years, but the new controller,
Bennie Leon, is considering the use
of departmental overhead rates beginning with the next year.
The following planning information
is available for the next year for each the four manufacturing departments
within the company:
Overhead Machine
Costs Hours
Radiator parts fabrication………….. $
80,000 10,000
Radiator assembly, weld, and test….
100,000 20,000
Compressor parts fabrication……….
120,000 5,000
Compressor assembly and test……..
180,000 45,000
Total $480,000 80,000
Normally, the air conditioners are
produced in batch sizes of 20 at a time. A production batch of 20 units
requires
the following number of hours in
each department:
MaxiFlow Alaska
Radiator parts fabrication……….. 28
16
Radiator assembly, weld, and test…….
30 74
Compressor parts fabrication……… 32 8
Compressor assembly and test……… 26
66
Total 116 164
Required:
1. Compute the departmental overhead rates using machine hours
as the cost driver.
2. Compute a company-wide overhead rate using machine hours as
the cost driver.
3. Compute the overhead costs per batch of MaxiFlow and Alaska assuming:
(a) The company-wide rate.
(b) The departmental rates.
4. Compute the total costs per unit of MaxiFlow and Alaska
assuming:
(a) The company-wide rate.
(b) The departmental rates.
5. Is one product affected more than the other by use of departmental
rates rather than a company-wide rate?
Why or why not?
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 management’s concerns and
providing recommendations. The written report should be properly formatted
according to APA guidelines and demonstrate research and critical thinking
skills. Conclusions and recommendations should be supported by at least 2
scholarly sources from the Ashford Library or other external sources, excluding
the textbook. For Questions 1 through 4, you will need to complete several
calculations. Be sure to label and clearly identify your work to demonstrate
your understanding of the concept even if you arrive at the incorrect answer.
The calculations should be included as part of your analysis and written
recommendations required for submission.
For Question 5, fully address
management’s concerns as part of your written analysis and recommendation using
the new or the previous calculations to support your
recommendation/explanation. The written analysis should be supported by at
least 2 scholarly sources, excluding the textbook.
Week 2 Written Assignment should:
Demonstrate graduate level work
including appropriate research and critical thinking skills.
Be presented as a written analysis
(not a question/answer format).
Incorporate case questions into the
overall analysis.
Follow APA formatting guidelines
including title page, reference page and in-text citations.
Consists of three to five
double-spaced pages of content.
Provide at least 2 scholarly
sources, excluding the textbook.
BUS 630 Week 3
BUS 630 Week 3 Assignment Case 5A
(Glaser Health Products)
BUS 630 Week 3 DQ 1 Allocating Joint
Costs
BUS 630 Week 3 DQ 2 Variable Absorption
Costing
Allocating Joint Costs. 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
Variable/Absorption Costing. As you read in Chapter 8, there are arguments (for and
against) variable costing and absorption costing. Select one of these costing
methods and explore the various arguments. Determine whether you are “for” or
“against” this selected method. Provide evidence from the text to support your
position. Your initial post should be 200-250 words.
Glaser Health Products. Complete Case 5A (Glaser Health Products) in Chapter 5. Glaser
Health Products of Ranier Falls, Georgia, is organized functionally into three
divisions: Operations, Sales, and Administrative. Purchasing, receiving,
materials and production control, manufacturing, factory personnel, inventory
stores, and shipping activities are under the control of the vice-president for
operations, George Gottlieb. Advertising, market research, and sales are the
responsibility of the vice-president for sales, Jake Bogan. Accounting,
budgeting, the firm’s computer center, and general office management are
delegated to the corporate controller (Administrative), Charlie Kaplan. The
following cost categories are found in the company as a whole:
(a) Depreciation on factory equipment.
(b) Depreciation on office equipment.
(c) Depreciation on factory building.
(d) Advertising manager’s salary.
(e) Assembly foreman’s salary.
(f) Salespersons’ salaries.
(g) Salespersons’ travel expenses.
(h) Supplies for the Machining Department.
(i) Advertising supplies used.
(j) Electricity for the Assembly Department.
(k) Lost materials (scrap) in a Machining Department.
(l) Direct labor in the Assembly Department.
(m) Supplies for the sales office.
(n) Sales commissions.
(o) Packing supplies.
(p) Cost of hiring new employees.
(q) Payroll fringe benefits for workers in the Shipping
Department.
(r) Supplies for Production Scheduling.
(s) Cost of repairing parts improperly manufactured in the
Machining Department.
(t) Paint for the Assembly Department.
(u) Heat, light, and power for the factory.
(v) Leasing of computer equipment for the Accounting Department.
Required:
1. Identify each of the costs with the appropriate division:
Operations, Sales, Administrative.
2. Identify each of the costs with one of the following:
(a) Unit-level activities. (c) Product-level activities.
(b) Batch-level activities. (d) Facility-level
activities.
Organize these classifications by
division: Operations, Sales, Administrative.
3. Specify an appropriate cost driver for tracing costs
associated with the various levels of activities to
the next cost objective or products,
whichever is appropriate.
4. Glaser Health Products is interested in using activity-based
costing to identify as many costs as possible
with the products. These costs will
be used for planning and control decisions rather than for inventory
valuation. The controller decided
that all operation costs will be related to products but only those sales and
administrative costs that are
classified as unit-level, batch-level, or product-level costs should be related
to
products. Using preliminary stage
cost drivers, explain how individual items of costs will be traced to activity
groupings.
5. Using primary stage cost drivers, show how the costs should
be related to products.
6. Explain why it is necessary to use preliminary stage and
primary stage cost drivers.
In this case, management needs
assistance in evaluating and classifying costs identified within Glaser Health
Products in order to implement an activity-based costing system. Please address
Questions 1 through 6 at the end of the case. Based on the case questions, you
are required to provide a two to four double-spaced written report providing
management with the necessary guidance in implementing an activity-based
costing system. The written report should be properly formatted according to
APA guidelines and demonstrate research and critical thinking skills.
Explanations and recommendations should be supported by at least 3 scholarly
sources from the Ashford Library or other external sources, excluding the textbook.
For Questions 1 through 3, create a
chart to classify and identify a cost driver for each of the costs provided in
the text. The chart should be included as an appendix to the written report.
Explanations of the classifications and identifications within the chart should
be included within the written report, supported by references to the appendix.
Questions 4 through 6 should be
addressed in fully developed explanations/instructions as part of your written
report. The written analysis should be supported by at least 3 scholarly
sources, excluding the textbook.
Week 3 Written Assignment should:
Demonstrate graduate level work
including appropriate research and critical thinking skills.
Be presented as a written analysis
(not a question/answer format).
Incorporate case questions into the
overall analysis.
Follow APA formatting guidelines
including title page, reference page and in-text citations.
Consists of two to four
double-spaced pages of content.
Provide at least 3 scholarly
sources, excluding the textbook.
BUS 630 Week 4
BUS 630 Week 4 Journal Budgets and
Employee Morale
BUS 630 Week 4 Assignment Case 6B
(Chester &Wayne)
BUS 630 Week 4 DQ 1 Budgeting
Comments
BUS 630 Week 4 DQ 2 Standard Cost
System
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.
The objective of the budget is to control costs at an efficient level of operation.”
“There are generally three benefits
from allowing employees to participate in developing the budget: (1) Employees
tend to accept the budget as their own plan of action. (2) Participation tends
to increase morale among employees and toward management. (3) Employee
cohesiveness is increased, and productivity will also increase if dictated by
the group norm.”
“Even though budgets are
quantitative tools, considerable emotion is connected to budgeting. The
individual in control often sees the budget as a means of getting things done.
People being controlled often have feelings of anxiety because their success
and promotion are tied directly to the budget.”
Standard Cost System. Using Chapter 7 of your text as a reference, define a
standard cost and explain what constitutes the components of a standard cost.
Describe the advantages and disadvantages of a standard cost system and explain
under what circumstances a standard cost system is most effective. Your initial
post should be 200-250 words.
Chester & Wayne. Complete Case 6B (Chester &Wayne) in Chapter 6 of your
text.
In this case, you have been provided
financial information about the company in order to create a cash budget.
Management is seeking advice or clarification on three main assumptions the
company has been operating. Address Questions 1 and 2 at the end of the case.
Based on the case questions, you are required to provide a two to four
double-spaced written report providing the necessary advice and explanations to
management. The written report should be properly formatted according to APA
guidelines and demonstrate research and critical thinking skills. Conclusions
and recommendations should be supported by at least 2 scholarly sources from
the Ashford Library or other external sources, excluding the textbook.
Address Question 1 by using a
spreadsheet to prepare the case budget for the fourth quarter. The cash budget
should be included as an appendix to the written report and should be
referenced in the written report.
Address Question 2 in a fully
developed explanation of two to four double spaced pages to present the
findings and explain or validate the assumptions stated in item (a) through
(c). In addressing Question 2, be sure to use the cash budget prepared in
Question 1 as support for your explanation. The written analysis should be
supported by at least 2 scholarly sources, excluding the textbook.
Week 4 Written Assignment should:
Demonstrate graduate level work
including appropriate research and critical thinking skills.
Be presented as a written analysis
(not a question/answer format).
Incorporate case questions into the
overall analysis.
Follow APA formatting guidelines
including title page, reference page and in-text citations.
Consists of two to four
double-spaced pages of content.
Provide at least 2 scholarly
sources, excluding the textbook.
BUS 630 Week 5
BUS 630 Week 5 Managerial
Accounting Assignment (Middlehurst House )
BUS 630 Week 5 DQ 1 Capital
Investment Evaluation
BUS 630 Week 5 DQ 2 Ranking
Investment Alternatives
Capital Investment Evaluation. Select one of the capital investment evaluation methods
described in Chapter 10 of your text. Fully explain the capital evaluation
method’s strengths and weaknesses. Take a position and defend the use of your
selected method. Be sure to use at least two scholarly sources to support your
position. Your initial post should be 200-250 words.
Ranking Investment Alternatives. (Problem 10-41) Grosvenor Industries has designated $1.2
million for capital investment expenditures during the upcoming year. Its cost
of capital is 14 percent. Any unused funds will earn the cost of capital rate.
The following investment opportunities along with their required investment and
estimated net present values have been identified:
Project Net Investment NPV Project
Net Investment NPV
A $200,000 $22,000 F $250,000
$30,000
B 275,000 21,000 G 100,000 7,000
C 150,000 6,000 H 200,000 18,000
D 190,000 (19,000) I 210,000 4,000
E 500,000 40,000 J 250,000 35,000
In your response, complete the
following:
1. Rank the projects using the
profitability index. Considering the limit on funds available, which projects
should be accepted?
2. Using the NPV, which projects
should be accepted, considering the limit on funds available?
3. If the available investment funds
are reduced to only $1,000,000:
(a) Does the list of accepted
projects change from Part 2?
(b) What is the opportunity cost of
the eliminated $200,000?
Guided Response:
Review several of your classmates’
postings. Respond to at least two of your classmates by commenting on common
responses in the ranking of the projects and by posing a question to challenge
their rankings.
Middlehurst House. Complete Case 9A (Middlehurst House) in Chapter 9.
In this case, management is
presented with several decision options. For this assignment, you are required
to provide a three to five double-spaced written memo evaluating options and
providing recommendations. The written memo should be properly formatted
according to APA guidelines and demonstrate research and critical thinking
skills. Evaluations and recommendations should be supported by at least 4
scholarly sources from the Ashford Library or other external sources, excluding
the textbook. In Question 1, evaluate each decision separately in full detail
including calculations, as necessary. The evaluation should be included as part
of the memo discussion, not a separate component. Evaluations can be included
as appendices, exhibits or figures; however must be properly referenced within
the written content.
In Question 2, prepare a
comprehensive business memo addressing each decision and your recommendation.
The memo should be properly formatted as a business memo and formatted
according to APA guidelines.
An example of a properly formatted
business memo can be found at this link
http://owl.english.purdue.edu/owl/resource/590/04/ .
Week 5 Written Assignment should:
Demonstrate graduate level work
including appropriate research and critical thinking skills.
Be presented as a business memo (not
a question/answer format).
Incorporate case questions into the
overall analysis.
Follow APA formatting guidelines
including title page, reference page and in-text citations.
Consists of three to five
double-spaced pages of content.
Provide at least 4 scholarly
sources, excluding the textbook.
BUS 630 Week 6 DQ 1 Evaluating
Performance
BUS 630 Week 6 DQ 2 Nonvalue Added
Costs in a Doctor’s Office
BUS 630 Week 6 Final Paper Decision
Making with Managerial Accounting
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.
Non value-Added Costs in a Doctor’s
Office. (Exercise 12-12) Dr. Steve
Rosenthal has his own medical practice. He specializes in the treatment of
diabetics. His staff consists of a receptionist, two nurses, a lab technician,
and a dietitian. As patients enter the outer office, they check in with the
receptionist. The patient then waits until called by a nurse. When called, the
patient moves from the waiting room to the inner offices. The patient must
weigh in and is then assigned a room. The nurse assigning the patient to a room
gathers all the personal data for updating the medical records, such as insulin
dosage, medication, illnesses since last visit, etc. The nurse also takes an
initial blood sample for blood sugar testing and performs a blood pressure
test. The patient then waits until the doctor comes in. After the doctor’s
conference, the nurse returns to take more blood samples, depending on what is
ordered by the doctor. The patient then waits until the dietitian comes to
review eating habits and talk about how to improve meal planning and weight
control. The patient returns to the receptionist to pay for the office visit
and to schedule the next visit.
In your response include the
following:
1. Identify the activities in the
doctor’s office that fall into process time, inspection time, move time, wait
time, and storage time.
2. List the activities in the
doctor’s office that are candidates for non value-added activities. Explain why
you classify them as non value-added activities.
Guided Response:
Review several of your classmates’
postings and identify some common non value-added activities. Respond to at
least two of your classmates and provide recommendations that extend their
thinking and inspire reconsideration of the activities listed in the posting.
Focus of the Final Paper
Due to varying business
characteristics, the managerial accounting techniques applied in each business
may differ. For example, a business in the start-up phase may rely heavily upon
budgeting and capital investment techniques; whereas, a business in the
mature/maintaining phase may rely heavily upon cost management and quality
control. Ultimately, the techniques used by management should assist the
business in achieving its short-term and long-term goals through effective
decision-making.
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.
Part I (Three to four double-spaced
pages)
Present the following:
Definition of managerial accounting
Role of managerial accounting and
the management accountant in a business or organization
Ethical issues/concerns for the
management accountant
General description of at least
three managerial accounting techniques available and their application within a
business or organization
Part II (Four to six double-spaced
pages)
Select at least three of the five
topics identified below:
Cost Management Techniques
Costing Methods
Capital Investment Decision
Techniques
Budgeting
Quality Control
For each topic selected present real
world examples of the application of managerial accounting techniques within a
business or organization. Examples may be gathered from your own professional
experiences or from case studies obtained from credible sources (excluding textbook
examples explored in previous weeks). Presentation of each example should
include how a managerial accounting technique was applied in the business or
organization’s decision-making model. Be sure to support your example with
calculations when applicable.
No comments:
Post a Comment