SCOREKEEPING- which enables both internal and external parties to evaluate organizational performance and position.Attention Directing- helps manager to focus on operating problems, opportunities as well as inefficiencies. This is commonly associated with current planning and control and the analysis and investigation of recurring routine internal accounting reports to signal situation in which management action may required.Problem Solving- quantification of the relative merits of possible courses of action as well as recommendations as the best procedure. P.s. I have included the meaning of the three choices. 38ExercisesExercise 1 (Problem Solving, Scorekeeping, and Attention Directino)performing - problem solving, scorekeeping, or attention directing.vice president.2. Interpreting differences between actual results and budgeted amounts on aperformance report for the Customer Warranty Department of GeneralElectric.3. Preparing a schedule of depreciation for forklift trucks in the ReceivingDepartment of a Hewlett-Packard plant in Scotland.4. Analyzing, for a Mitsubishi international, manufacturing manager, thedesirability of having some auto parts made in Korea.5. Interpreting why a Birmingham distribution center did not adhere to itsdelivery costs budget.6. Explaining a Xerox Shipping Department's performance report.7. Preparing, for the manager of production control of a U.S. steel plant, acost comparison of two compúterized manufacturing control systems.8. Preparing a scrap report for the Finishing Department of a Toyota partsplant.9. Preparing the budget for the Maintenance Department of Mount SinaiHospital.10. Analyzing, for a General Motors product designer, the impact on productcosts of some new headlight lamps.

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Accounting

Exercise 1 For each of the following activities, identify the main role the accountant is performing - problem solving, scorekeeping, or attention directing. 1. Preparing a monthly statement of Australian sales for the IBM marketing vice president. 2. Interpreting differences between actual results and budgeted amounts on . performance report for the Customer Warranty Department of General Electric. 3. Preparing a schedule of depreciation for forklift trucks in the Receivino Department of a Hewlett-Packard plant in Scotland. Mitrubishi international manufacturing manager, the

Exercise 1 For each of the following activities, identify the main role the accountant is performing - problem solving, scorekeeping, or attention directing. 1. Preparing a monthly statement of Australian sales for the IBM marketing vice president. 2. Interpreting differences between actual results and budgeted amounts on . performance report for the Customer Warranty Department of General Electric. 3. Preparing a schedule of depreciation for forklift trucks in the Receivino Department of a Hewlett-Packard plant in Scotland. Mitrubishi international manufacturing manager, the

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 30E: A company uses charging rates to allocate service department costs to the using departments. The...

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The role of management accounting in directing attention involves: Select one: O A. The recording of sales by each sales person O B. Establishing why sales targets were not achieved O C. Establishing the selling price of a service O D. The calculation of depreciation on office computers
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ANNOUNCING A NEW INFORMATION SYSTEM The AJAX Company is considering implementing a new accounting system, which will automate sales processing, cash receipts, accounts payable, and cash disbursement procedures. Roger Moore, AJAXs CIO sent an announcement letter to the AJAX community. In the letter, Moore said: I have contracted with Spartan Consulting Group to do the needs analysis, system selection, and design work. The programming and implementation will be performed in-house using existing IT department staff. The development process will be unobtrusive to user departments because Spartan knows what needs to be done. They will work independently, in the background, and will not disrupt departmental and internal audit work How with time-consuming interviews, surveys, and questionnaires. This promises to be an efficient process that will produce a system that will be appreciated by all users. Required Draft a memo from George Jones, Director of Internal Audits, in response to Moores letter.
Required information Sunrise Accounting provides basic tax services and "rent-a-controller" accounting services. Sunrise has identified three activity pools, the related costs per pool, the cost driver for each pool, and the expected use for each pool. Activity Transportation costs Electronic processing office support Transportation costs Electronic processing Office support Total Overhead Total Activity Cost $ $ 154,880 Mileage: $ 202,300 $ 158,700 Cost Driver 0 Processing hours Administrative hours Expected Tax Services Usage 8,800 miles 23,800 hours 4,830 hours Required: Using activity proportions, determine the amount of overhead assigned to Controller Services. Note: Do not round intermediate calculations. Expected Controller Services Usage 61,600 miles 35,700 hours 2,070 hours
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Required information Sunrise Accounting provides basic tax services and "rent-a-controller" accounting services. Sunrise has identified three activity pools, the related costs per pool, the cost driver for each pool, and the expected use for each pool. Activity Transportation costs Electronic processing office support Activity Transportation costs Electronic processing Office support Total overhead assigned Total Activity Cost Cost Driver $50,000 Mileage $ 75,000 Processing hours $ 20,000 Administrative hours. Required: Barry Gold, a tax client of Sunrise Accounting, requires 20 miles of transportation, 50 hours of processing time, and 3 hours of office support, determine the amount of overhead assigned to Barry Gold. Note: Round your intermediate calculations to 2 decimal places and your final answers to the nearest dollar amount. Allocated Overhead $ Expected Tax Services Usage 5,000 miles 20,000 hours 3,500 hours Expected Controller Services Usage 35,000 miles 30,000 hours 1,500…
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