Details of this Paper

Regression Project Question: Management Accounting...

Description

Solution


Question

Regression Project Question: Management Accounting Describe in a good level of detail a cost accounting system that would fit Barb?s needs well. Be sure to use your textbook as a reference in finding and describing several choices that need to be made. Explain why you made the choices you did. I have already completed 98% of the assignment but need help answering the above question. (See attached) BACKGROUND OF ASSIGNMENT: Barb has asked for your help in recommending a ?best practice? costing system. She thinks the current cost system, which is a job order system with overhead application based on direct materials cost, no longer is providing the information the company needs to know how to make bids or price completed orders. At your request, Barb?s has provided monthly information about costs and several potential cost drivers for the past three. Brief descriptions of the accounts are as follows. ?Overhead costs? is the total overhead cost in that month. ?Units sold? is the number of units sold that month. ?Labor hours? and ?machine hours? represent the number of each activity in that month. ?Materials? are the total raw material costs incurred in a given month. ?Modified? is the number of autos sold each month that were modified to meet US emissions and safety regulations. ?Veyron? is the number of Veyron replicas sold that month. ?Consultant charges? is the total amount paid to all consultants for sales that month. ?Truly custom? is the number of cars sold that month that are considered highly customized.,Hello! I only need help on the very last question D (highlighted in bold),Hello! I only need help on the very last question D (highlighted in bold) Thank you,Just to reiterate, I only need the below question answered. Thanks! Describe in a good level of detail a cost accounting system that would fit Barb?s needs well. Be sure to use your textbook as a reference in finding and describing several choices that need to be made. Explain why you made the choices you did.

 

Paper#4848 | Written in 18-Jul-2015

Price : $25
SiteLock