Cost Accounting Review Questions Chapter1 1．在大学里谁是会计信息的使用者？不同的使用者需要信息的目的是什么？他们使用的方式和私人企业使用会计信息的方式有所不同嘛？ 使用者： 学生： 决定是否要去这所学校 其他学校： 如何竞争 雇员： 是否要继续在该学校任职 政府机关： 评估 当地机构： 决定是否允许该学校继续扩张活动 供应商： 是否继续供应 资金提供者： 是否继续提供资金 校董事会：评估学校运营的质量，是否需要改进 根本上学校和私营企业的对信息的使用是类似的。 2．管理会计被定义为管理的视觉和听觉。谈谈这句话的引申 大多数的公司运营对管理者来说都很庞大复杂从而没办法很直观的观测和估计运营的状况是否按照既定的计划进行。管理者需要各方面信息来帮助管理控制。管理会计的报告提供了这样的信息。这些报告使得公司的状况可以被看见和听见，所以叫管理者的耳目。 3．如果你是一个正要发布一个新服务的经理，什么养的财务信息是你所需要来帮助你做出决定的呢？ * 这项服务的成本以及利润率 * 所需要投入的资本
Words: 309 - Pages: 2
Indirect Cost Allocation Method Institution Name The cost allocation method is a process whereby an organization assigns a common cost to several cost objects (Diamond, 2003, pp. 1-28). Indirect costs refer to the overhead costs associated with providing an indirect service that are not readily attributable to a direct service (Mathieu, 2001, pp. 451-475.). The indirect cost allocation method is used as management accounting tools with an aim of helping an organization get an accurate idea of
Words: 403 - Pages: 2
Source: http://www.allbusiness.com/accounting-reporting/methods-standards-cost-accounting/498244-1.html#ixzz1nMWBS5qI By Juras, Paul E. ABSTRACT Descriptions of activity-based-costing (ABC) systems have become a standard part of managerial accounting texts. While ABC implementation issues are the focus of a number of articles, these issues are often not addressed in a typical textbook. This case is designed to familiarize you with the behavioral and technical variables that can aid or impede
Words: 10116 - Pages: 41
fundamentals of cost accounting fourth edition William N. Lanen Shannon W. anderson Michael W. Maher ® accounting The integrated solutions for Lanen/Anderson/Maher’s Fundamentals of Cost Accounting, 4e have been proven to help you achieve your course goals of improving student readiness, enhancing student engagement, and increasing their comprehension of content. Known for its clear and engaging style, the Lanen solution employs the use of real-world scenarios, LearnSmart, and instant
Words: 233973 - Pages: 936
Costing in Portuguese Telecommunications* Maria Major1, 2 and Trevor Hopper3 1 Departamento de Finanças e Contabilidade, ISCTE – Escola de Gestão, Av. das Forças Armadas, 1649-026 Lisboa, Portugal. 2 UNIDE Researcher. 3 Manchester School of Accounting and Finance, University of Manchester, Manchester, M13 9PL, UK. * The authors wish to thank Bob Scapens, Sven Modell, Salvador Carmona, Angelo Riccaboni, John Burns, Mahmoud Ezzamel, Caroline Lambert, Rui Vieira, Aldónio Ferreira, and other participants
Words: 17388 - Pages: 70
SYNOPSIS: Since the early 1980s standard cost systems (SCSs) have been under attack as not providing the information needed for advanced manufacturers. In spite of the its critics, SCSs are stili the system of choice in some 86 percent of U. S. manufacturing firms. This paper discusses the criticisms of SCSs that (1) the variances are obsolete, (2) there is no provision for continuous improvement, and (3) use of the variances for responsibility accounting result in internal conflict rather than
Words: 449 - Pages: 2
computers are up and running. There are sufficient controls to make sure that the company is generating correct information. Pete Sampras, Cost Accounting Manager. He supervises cost accountants. Cost Accounting Manager is responsible for accounting and finance. The cost accountants are responsible for preparing financial statements, internal control, accounting records, tax returns, and company cash funds to be accounted for. Andy Roddick, Production Supervisor. He supervises all manufacturing
Words: 990 - Pages: 4
Chapter 11 Standard Costs and Operating Performance Measures Problem 11-12 (45 minutes) 1. a. In the solution below, the materials price variance is computed on the entire amount of materials purchased whereas the materials quantity variance is computed only on the amount of materials used in production: Actual Quantity of Input, at Actual Price (AQ × AP) Actual Quantity Standard Quantity of Input, at Allowed for Output, at Standard Price Standard Price (AQ × SP) (SQ × SP) 12,000 ounces × 9,375
Words: 5202 - Pages: 21
IAS 2 International Accounting Standard 2 Inventories This version includes amendments resulting from IFRSs issued up to 17 January 2008. IAS 2 Inventories was issued by the International Accounting Standards Committee in December 1993. It replaced IAS 2 Valuation and Presentation of Inventories in the Context of the Historical Cost System (originally issued in October 1975). The Standing Interpretations Committee developed SIC-1 Consistency—Different Cost Formulas for Inventories, which was
Words: 5989 - Pages: 24
CHAPTER 9 Production Cycle LEARNING OBJECTIVES | | | | | |Review |Exercises, Problems, and | | |Checkpoints |Simulations | |
Words: 7259 - Pages: 30
