Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Managerial Accounting Expert

Accounting professional requires at least two skill sets. The first is to be technically competent. Knowing how to capture, manage, and report information is a essential skill. Second, ability to assess manager and employee actions and biases for accounting analysis is another skill. For ex, knowing how the person is compensated helps anticipate information biases.

Background: Suppose that your company sells portable housing to both general contractors and the government. It sells jobs to contractors on the bid basis. Contractor asks for three bids from different manufacturers. Combination of low bid and high quality wins the job. Though, jobs sold to government are bid on a cost-plus basis. This means price is determined by adding all costs plus a profit based on cost at a specified percent, such as 10%. You observe that amount of overhead allocated to government jobs is higher than that allocated to contract jobs. These allocations concern you.

Required:

1. Who are the stakeholders?

2. What are the ethical issues?

3. What is your recommendation to financial officer of your company?

Managerial Accounting, Accounting

  • Category:- Managerial Accounting
  • Reference No.:- M92887
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question? 


Related Questions in Managerial Accounting

Analysis last year pjs ice cream parlors inc reported an

Analysis Last year, PJ's Ice Cream Parlors, Inc. reported an ROE = 12.0%. The firm's debt ratio was 40%, sales were $25 million, and the capital intensity ratio was .75 times. What is the net income for PJ's last year? ( ...

Tri-county cable services inc is organized with three

Tri-County Cable Services, Inc., is organized with three segments: Metro, Suburban, and Outlying. Data for these segments for the year just ended follow. Metro Suburban Outlying Service revenue $ 1,050,000 $ 850,000 $ 45 ...

Managerial accounting assignment task specification-group

Managerial Accounting Assignment Task Specification- Group Report: "Measuring Performance and Management Control Systems" - A review of control systems reported in 2016 annual reports in Australian Public Companies. Subj ...

Assignmentyou are a manager of table top limited a

Assignment You are a manager of Table Top Limited, a manufacturer of small tables . You have been instructed to prepare a budget for the next year's operations with the following forecast: The sales volume is forecast to ...

Decision making under uncertaintyproblem descriptionmangers

Decision Making Under Uncertainty Problem Description Mangers deal with a number of decisions about processes, capacity, location, inventory, etc. The process of making a decision is complicated because of the uncertaint ...

Assignemnt decision making with managerial accountingdue to

Assignemnt: Decision Making with Managerial Accounting 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 ...

Managerial accountingvenus brewery is a craft brewery that

Managerial Accounting Venus Brewery is a craft brewery that produces a special light beer for ladies. The beer are processed sequentially in two departments (Department X and Department Y) before the final products are t ...

Accounting1 from the e-activity assess the advantages and

Accounting 1. From the e-Activity, assess the advantages and disadvantages of the continued use of the traditional relational database and then decide if businesses should be moving toward relational databases in the clo ...

Accounting paperwrite a 1000 - 1250 word paper on the

Accounting Paper Write a 1,000 - 1250 word paper on the following topic: Describe the role of managerial accounting in contemporary business. Provide one specific, real-life example of how managerial accounting helps man ...

Suppose a firm has had the following historic sales

Suppose a firm has had the following historic sales figures: 2009: 1,450,000 2010: $ 1,710,000 2011 : $ 1,600,000 2012: $ 2,000,000 2013: $ 1,850,000 What would be the forecast for next year's sales using regression to e ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen