Ask Question, Ask an Expert


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.


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

Task question 1 1000 wordsmather and peison 2006 report

Task Question 1 (1000 words) Mather and Peison (2006) report that public debt contracts tend to have a lower average number of accounting based debt covenants as well as less binding debt covenants relative to private de ...

Assignment managerial accounting projectabstractyou are the

ASSIGNMENT: Managerial Accounting Project Abstract: You are the owner of your own company. Fast growth and the need to expand have made it necessary for you to seek financing from a local bank. However, you need to show ...

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 ...

You have been asked by the president of your company to

You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose truck for $60,000. The truck falls into the MACRS 3-year class, and it will be sold after three years for ...

Managerial accounting assignmentanswering the questions and

Managerial Accounting Assignment Answering the questions and compiling your answers into a word processing document. 1. The work in process inventory account of a manufacturing company shows a balance of $3,000 at the en ...

Managerial accounting-you have just been hired as a

Managerial Accounting- You have just been hired as a financial analyst for Lydex Company, a manufacturer of safety helmets. Your boss has asked you to perform a comprehensive analysis of the company's financial statement ...

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 ...

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 ...

Management accounting assignmentquestion 1 a how do fixed

Management Accounting Assignment Question 1: a. How do fixed costs in a business create a problem for job costing? b. Provide examples of wages that might be deemed to be (1) a direct cost and (2) an indirect costs. Ques ...

Accounting for managers- assignmentfinancial statement

Accounting for Managers- Assignment Financial Statement Analysis The following information relates to Harris Corporation. Account Current year Prior year Net sales (all credit) $520,125 $499,500 Cost of goods sold $375,9 ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

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