ETHICAL ISSUES, ABSORPTION COSTING, PERFORMANCE MEASUREMENT
Ruth Swazey, division controller and certified management accountant, was upset by a recent memo she received from the division manager, Paul Chesser. Ruth was scheduled to present the division’s financial performance at headquarters in one week. In the memo, Paul had given Ruth some instructions for this upcoming report. In particular, she had been told to emphasize the significant improvement in the division’s profits over last year. Ruth, however, didn’t believe that there was any real underlying improvement in the division’s performance and was reluctant to say otherwise. She knew that the increase in profits was because of Paul’s conscious decision to produce for inventory. In an earlier meeting, Paul had convinced his plant managers to produce more than they knew they could sell. By doing so, more of the fixed factory overhead could be moved into inventory with the extra units produced. He argued that by deferring some of this period’s fixed costs, reported profits would jump. He pointed out two significant benefits. First, by increasing profits, the division could exceed the minimum level needed so that all the managers would qualify for the annual bonus. Second, by meeting the budgeted profit level, the division would be better able to compete for much-needed capital. Ruth had objected but had been overruled. The most persuasive counterargument was that the increase in inventory could be liquidated in the coming year as the economy improved. However, Ruth considered this event unlikely. Based on past experience, she believed that it would take at least two years of improved market demand before the productive capacity of the division was exceeded.
please write me a formal report about Flow Modeling I – Pressure Pipe Flow , and fallow the instruction in the assignment for formal report . i will upload 3 attachement...Jul 01 2020
On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $298,000. The machine is expected to last five years and have a salvage value of $49,000. Compute d...Apr 11 2020
If the world price of textiles is higher than Vietnam's domestic price of textiles without trade, then Vietnam A. should import textiles.B. has a comparative advantage in...May 31 2018
On January 1, 2009, Mayberry Company bought a patent for $10,000. Its estimated useful life is ten years. Record the amortization for the first two years.43) If a coal de...Dec 07 2019
I want you to write me scholarship essay between 490 to 500 words maximum.I want to study PhD Renewable Energy in United Kingdom with the help of Commonwealth shared scho...Mar 22 2020
On January 1, 2017, the board of directors of Papermaker Inc. issued 8-year, 4% bonds with a par value of $800,000 to finance equipment purchases.Jul 15 2020
What does D stands for in D-flip flop? (a)Direct (b)Don’t care (c)Double (d)Delay (e)Data.Jan 06 2018
Many economists suggest that absent legal mechanisms of discrimination, the wage paid to men and women will converge becauseA)if employers can hire men and women at the s...Jan 09 2020
PDR-271737 Understanding Cultural Dimensions Write a 2 page analysis of the impact of cultural dimensions on HRM practices in a country other than the United States. Comp...May 14 2020
Patty Schemelenberg, a 45-year-old woman, wishes to accumulate $300,000 over the next 15 years to supplement the retirement programs that are being funded by the federal ...Apr 18 2020
Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.