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

Managerial accounting assignment questionwidget airlines is

Managerial Accounting Assignment Question Widget Airlines is a leading business in travelling industry and has experienced turbulent times during the past 10 years due to stiff competition and as a result of global slowd ...

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 ...

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 ...

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 ...

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 ...

Managerial accounting budgeting project- springthe

Managerial Accounting Budgeting Project- Spring The following is a Comprehensive Budgeting Problem. You and your team need to prepare a partial Master Budget and then continue on to analyze your data. This is an Excel ba ...

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 ...

Exploring potential research topicsdo the following to

Exploring Potential Research Topics Do the following to complete this assignment: • Based on your business experience and the information accumulated in this class, identify three possible research topics related to the ...

Question wmtb is an independent television station run by a

Question: WMTB is an independent television station run by a major state university. The station's broadcast hours vary during the year depending on whether the university is in session. The station's production crew and ...

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 ...

  • 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