ACCOUNTING FOR DECISION MAKING

Accounting for decision making - MBA assignment

Accounting for decision making - MBA assignment

... flexible budget performance report: Summarize information: Sales Cost of goods sold: - Direct materials - Direct labor - Machinery repair (Variable cost) - Depreciation - Machinery - Utilities (25% ... 462,000 - Cash sales - - - - - - Credit sales 396,000 495,000 418,000 412,500 462,000 158,400 138,600 91,080 198,000 173,250 113,850 167,200 146,30...
Ngày tải lên : 05/03/2014, 15:32
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ACCOUNTING FOR DECISION MAKING

ACCOUNTING FOR DECISION MAKING

... total revenue, gross profit for each month, quarter and year 2017 This is also the basis for the process of executive leadership team that will base themselves on decisions taken, adjust, control, ... and administrative expenses for year 2017 Quarter Rental and other cost Quarterly promotion and advertising expense Depreciation expense 2,500,000,000 Cost of labour for year 2017 Schedu...
Ngày tải lên : 15/10/2016, 23:40
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Tài liệu A Leader’s Framework for Decision Making ppt

Tài liệu A Leader’s Framework for Decision Making ppt

... collapses into chaos occur because page A Leader’s Framework for Decision Making success has bred complacency This shift can bring about catastrophic failure—think of the many previously dominant ... metaphorical game increases managers’ willingness to experiment, allows them to resolve issues or problems more easily page A Leader’s Framework for Decision Making and cr...
Ngày tải lên : 17/02/2014, 21:20
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Withholding and Withdrawing Life-prolonging Medical Treatment Guidance for decision making Second edition ppt

Withholding and Withdrawing Life-prolonging Medical Treatment Guidance for decision making Second edition ppt

... Withholding and Withdrawing Life-prolonging Medical Treatment Guidance for decision making Second edition incorporating guidance on the Human Rights Act British Medical Association ... life-prolonging treatment Contemporaneous requests for life-prolonging treatment Advance requests for life-prolonging treatment iii Withholding and Withdrawing...
Ngày tải lên : 22/03/2014, 22:20
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Management Accounting and Decision-Making doc

Management Accounting and Decision-Making doc

... 16 | CHAPTER TWO • Management Accounting and Decision-Making The Management Accounting Perspective of the Business Enterprise The management accounting view of business may be ... against standards or other desired results | 19 20 | CHAPTER TWO • Management Accounting and Decision-Making From the descriptive model of the basic features and assumptions of the managem...
Ngày tải lên : 23/03/2014, 00:20
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Pearson Education Management Accounting for Decision Makers_1 doc

Pearson Education Management Accounting for Decision Makers_1 doc

... 14 What is management accounting? How useful is management accounting information? Providing a service But is it material? 15 16 17 18 Weighing up the costs and benefits Management accounting ... Welcome to the world of management accounting! In this introductory chapter, we examine the role of management accounting within a business To understand the context for managemen...
Ngày tải lên : 20/06/2014, 20:20
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Pearson Education Management Accounting for Decision Makers_2 ppt

Pearson Education Management Accounting for Decision Makers_2 ppt

... additional management accounting information Figure 1.6 Relationship between cost and the value of providing additional management accounting information The benefits of management accounting information ... What is management accounting? l All accounting must be useful for decision making and this requires a clear under- standing of for whom and for what purpose the...
Ngày tải lên : 20/06/2014, 20:20
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Pearson Education Management Accounting for Decision Makers_3 potx

Pearson Education Management Accounting for Decision Makers_3 potx

... Survey of Management Accounting, Ernst and Young, 2003 Using contribution to make decisions – marginal analysis If we cast our minds back to Chapter 2, where we discussed relevant costs for decision ... contracts such that if they not work for any reason, they are not paid The baskets are sold to a wholesaler for £14 each What is the BEP for basket making for the business? Solu...
Ngày tải lên : 20/06/2014, 20:20
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Pearson Education Management Accounting for Decision Makers_4 pptx

Pearson Education Management Accounting for Decision Makers_4 pptx

... 1, the only point in providing management accounting information is to help managers make more informed decisions There are broadly four areas where managers use information concerning the full ... output decisions Having full cost information can help managers to make decisions on the price to be charged to customers for the business’s products or services Linked to the pricing decisio...
Ngày tải lên : 20/06/2014, 20:20
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Pearson Education Management Accounting for Decision Makers_5 pptx

Pearson Education Management Accounting for Decision Makers_5 pptx

... budgeted overheads for next year, analysed between the two cost centres This should be in the form of three columns: one for the total figure for each type of overhead and one column each for the two ... theoretical aspects of the subject before going on to look at some more practical issues, particularly the role of management accounting information in pricing decisions M05_ATRI...
Ngày tải lên : 20/06/2014, 20:20
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Pearson Education Management Accounting for Decision Makers_6 ppt

Pearson Education Management Accounting for Decision Makers_6 ppt

... that current management performance is compared with some yardstick What is wrong with comparing actual performance with past performance, or the performance of others, in an effort to exercise ... by central management before being submitted to the Board for approval Updated forecasts for the year are prepared at least quarterly The Board is provided with details of actual performanc...
Ngày tải lên : 20/06/2014, 20:20
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Pearson Education Management Accounting for Decision Makers_7 pdf

Pearson Education Management Accounting for Decision Makers_7 pdf

... Young, S M., Management Accounting, 5th edn, Prentice Hall, 2007, chapter 11 Drury, C., Management and Cost Accounting, 7th edn, Cengage Learning, 2007, chapter 15 Hilton, R., Managerial Accounting, ... Page 218 ACCOUNTING FOR CONTROL Budgeting for control In Chapter 6, we saw that budgets provide a useful basis for exercising control over a business Control involves making eve...
Ngày tải lên : 20/06/2014, 20:20
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Pearson Education Management Accounting for Decision Makers_10 ppt

Pearson Education Management Accounting for Decision Makers_10 ppt

... and fair view of financial performance and position This practice is referred to as ‘creative accounting and has been a major problem for accounting rule makers and for society generally Real World ... release information that may damage their competitive position Nevertheless, there are sources of information that can be used We shall now consider some of these and, given the manageme...
Ngày tải lên : 20/06/2014, 20:20
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