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Assignment 8 Signature Assignment: The Role of a...

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Assignment 8 Signature Assignment: The Role of a Managerial Accountant During this course, you studied and researched the cost of goods manufactured schedule, cost accumulation systems, Just-in-Time manufacturing, standard costs, target costing, absorption costing and variable costing. Use the case scenario provided in the Main Task below to assess how you may apply these concepts to the role of a managerial accountant. Activity Resources Review: Hilton, R. W. (2011)., all previously assigned chapters as necessary Vance, T. W. (2010). Main Task: Define the Role of the Managerial Accountant Scenario: A manufacturer of containers in Georgia, ACME Enterprises, has an opportunity to build a state-of-the art plant in China. A Chinese partner will provide 40% of the funding in exchange for a 40% ownership in the project if ACME will install a world class cost accounting system. Currently, ACME uses an antiquated normal costing system based on the job order method. Overhead costs are assigned to jobs based on one plant-wide rate that uses direct labor hours as the cost driver to assign factory overhead costs to job orders. The CEO, Bob Bulldog, needs some advice about how to structure the business a recommendation on how to implement a world-class managerial accounting and reporting system. Prepare a paper to address Mr. Bulldog?s concerns, providing specific examples to illustrate and justify your ideas. Support your paper with a minimum of seven (7) scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included. Length: 12-15 pages not including title and reference pages and any supporting documentation such as Excel spreadsheets Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy. Submit your document in the Course Work area below the Activity screen. Save your signature assignment in your e-Portfolio. Also save a copy of your signature assignment to your e-Portfolio which is located on your Student Portal under the My NCU Information area. The e-Portfolio is your personal storage place for artifacts or learning products you produce in this and future Northcentral courses. Collecting your learning products allows you to see your progress as an academic student throughout your Northcentral University career. Learning Outcomes: 5, 6, 7 Assignment Outcomes Design target costing systems. Evaluate income statements under absorption and variable costing. Evaluate the skills needed as a managerial accountant within a business setting. Course Work

 

Paper#7934 | Written in 18-Jul-2015

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