finical analyze: only two to 3 pages
– Do jimmy king and brian rowe have a legal case against Lisa ballentien? why?
– how do you think the outcry from social media affected the potential for a franchise opportunity for the penguin ?
– if you were King and Rowe, what would you have done differently when establishing the restaurant? rebuilding the penguin brand?
– whose side are you on?
– As an entrepreneur, would you invest in a Penguin franchise?
Category: Managerial Accounting
I’ve just included the requirement of the self-assessment paper below for your reference. This paper follows APA format. Also, I included all information of every chapter about self-assessment that you can pick any answer, then you can find sources (e.g. website, article) to explain more or make clear for those chosen answers.
Process costing serves two related purposes. First, it measures the cost of goods manufactured on both a total and per-unit basis. This information is used in valuing inventories and in recording the cost of goods sold. But process costing also provides management with information about the per-unit cost of performing each step in the production process. This information is useful in evaluating the efficiency of production departments and often draws attention to potential cost savings.
Milton Manufacturing uses a process costing system. Products are processed successively by Department and Department Y and are then transferred to the finished goods warehouse. Shown below is cost information for Department Y during the month of May:
The assignment for this unit will consist of two parts, in a word document of 1-2 pages, addressing the following questions.
Briefly explain the operation of process costing, including the way the unit costs of finished goods are determined.
Discuss how managers will use the information obtained from process costing.
Managing activities across the value chain represents a comprehensive integrated approach to the traditional management functions of planning and control. Eliminating non-value-added activities from the chain is central to this strategic approach to cost management.
Smith Corporation is considering the implementation of a JIT inventory system. The company recently analyzed its cycle time to determine the average number of days spent in each activity of its production process. Use the summary of the analysis shown below to answer the included questions in a response of 2-3 pages:
