All intructions are in the files. only questions 5-8 . All intructions are in t

All intructions are in the files.
only questions 5-8 .
All intructions are in the files.
only questions 5-8 .
You
Nov 7, 7:29 PM
These are the requirements for your individual report on the “Two Wheels Company” case.
Brief introduction describing the case
Answers to questions 5 through 8.
Add a short paragraph following each of your answers explaining why the question is relevant to the management of Two Wheels Company.
Here are some suggestions based on the most recent document you emailed me. In question 5, you are correct about absorption (versus direct) costing, but what about job versus process costing? Your answer to question 6 needs expansion and elaboration. In questions 7 and 8, you should consider variable overhead costs and any variable sales/administrative expenses; I’ll leave it to you to determine where such costs belong in questions 7 and 8.
Your report will count for 100% of your project grade.
You
Nov 8, 9:27 PM
I can offer you some suggestions. In question 5, absorption accounting is not an alternative to job or process costing. Either absorption or direct costing can be used in either job or project costing. Which is the choice of costing system relevant to management decision-making?
Your answers to questions 7 and 8 are incorrect. The underlying concepts are (1) Manufacturing versus non-manufacturing costs, (2) fixed versus variable costs, and (3) treatment of mixed costs when doing a contribution margin income statement.