Urban Elite Cosmetics has used a traditional cost accounting system to apply qua

Urban Elite Cosmetics has used a traditional cost accounting system to apply quality-control costs uniformly to all products at a rate of 14.5 percent of direct-labor cost. Monthly direct-labor cost for Satin  Sheen makeup is $27,500. In an attempt to more equitably distribute quality-control costs, management  is considering activity-based costing. The monthly data shown in the following chart have been gathered  for Satin Sheen makeup.
Activity Cost Pool    Cost Driver        Pool Rates      Quantity of Driver
Satin Sheen 
material inspection .. Type of material . $11.50 per type  12 types 
In-process inspection … Number of units ….14 per unit . 17,500 units 
Product certification …… Per order ……. 77.00 per order .. 25 orders 
Calculate the monthly quality-control cost to be assigned to the Satin Sheen product line under  each of the following product-costing systems. (Round to the nearest dollar.) 
Traditional system, which assigns overhead on the basis of direct-labor cost. 
Activity-based costing.
Does the traditional product-costing system overcost or undercost the Satin Sheen product line  with respect to quality-control costs? By what amount?
Hilton, Ronald. Managerial Accounting: Creating Value in a Dynamic Business Environment (p. 203). McGraw-Hill Higher Education.
ISBN-13: 978-1260566390


Garrett Toy Company incurred the following costs in April to produce job number

Garrett Toy Company incurred the following costs in April to produce job number TB78, which consisted of 1,000 teddy bears that can walk, talk, and play cards. 
Direct Material:  4/1/20×0 Requisition number 101: 400 yards of fabric at $.80 per yard 
4/5/20×0 Requisition number 108: 500 cubic feet of stuffing at $.30 per cubic foot 
Direct Labor:  From employee time cards for 4/1/20×0 through 4/8/20×0: 500 hours at $12 per hour 
Manufacturing Overhead:  Applied on the basis of direct-labor hours at $2.00 per hour. 
Job number TB78 was completed on April 15. On April 30, 700 of the bears were shipped to a local toy store. 
Required: Prepare a job-cost record using the information given above. (Use Exhibit 3–3 as a guide.)
Hilton, Ronald. Managerial Accounting: Creating Value in a Dynamic Business Environment (p. 117). McGraw-Hill Higher Education.
ISBN-13: 978-1260566390


Your goal is to practice making connections between accounting principles from c

Your goal is to practice making connections between accounting principles from class to the accounting practices of real-life companies, based on the company’s most recent 10-K and/or annual report (referred to in the rest of this document as “last year”).
questions:
1) What were the company’s main sources of cash last year? Does the company generate enough cash, at an adequate speed, to sustain operations?
2) What methods does this company use to record inventory?(Xuan)
·      Perpetual vs. periodic
·      FIFO, LIFO
What are the tradeoffs this company faces in choosing this inventory method over others? Tie the tradeoffs back to the company’s products, business model, and industry.

Do the preliminary analysis. You can use Excel or Tableau. You do not have to cr

Do the preliminary analysis. You can use Excel or Tableau. You do not have to create the dashboard for this assignment. Complete the report.
1. Overall performance analytics:
a. How is HMC performing globally?
b. How are various HMC brands performing?
c. How are the various sales channels performing?
d. What are the most and least profitable models?
2. Financial analytics:
a. What is the current contribution margin (CM) per
model?
b. What is the average variable cost per model, and how
has that changed over time?
c. Which model has the most variability in variable costs?
d. What is the current CM per channel?
3. Operations analytics:
a. What model options are the top and bottom sellers?
b. How many days are the various models on the lot prior
to sale?
4. Forecast:
a. Sales Volume – Four quarters in advance (Hint: use
Trendline option in Excel or Forecast option in Tableau)
b. Contribution Margin – Four quarters in advance (Hint:
use Trendline option in Excel or Forecast option in
Tableau)
Once you have prepared the analysis, You should prepare a business report formatted as follows:
I. Title page
II. Executive summary
a. Clear and concise information about the problem the
report is analyzing
b. Main points, conclusions, and recommendations (use
bullets or numbered lists to highlight important points)
III. Introduction
IV. Main body
a. Follow the order of the questions in the assignment
b. A paragraph about the relevance of the findings can be
included in each section
c. Include a discussion of relevant descriptive statistics
V. Data tabulations/visualizations
a. These should support your findings in the main body
b. You may include these within the main body if you
prefer
VI. Recommendations
a. Based on your analysis, what should be HMC’s course
of action? Are there countries, brands, models, options,
and so on that the company should increase
or eliminate?
b. What are the potential implications of those actions?
Consider both financial and nonfinancial implications.
You should also submit a file with your analyses and
dashboards

Gary is the cafeteria manager at the Sunshine Community Hospital. He is reviewin

Gary is the cafeteria manager at the Sunshine Community Hospital. He is reviewing the sales and cost records for the months of June and July. His manager has provided him with food and labor cost control standards for the cafeteria so that Gary can accurately analyze this information.
Sunshine Community Hospital Public Cafeteria Cost Control Standards
Food cost percentage should be lower than 32 percent.
Labor cost percentage should be between 24 and 26 percent.

if you dont have knowledge in acct please dont accept my order SWOT analysis  f

if you dont have knowledge in acct please dont accept my order
SWOT analysis  for a company or government organization as below details (4 – 5 pages )  :
–    Introduction  : size of the company , investment , trading activities , it’s products , statistics analysis , their profits in the previous years , cost of the produced goods , contribution margin , margin of safety, degree of leverage . 
–   
–    Strengths : assets of the company , importance of its products to the citizen and country in general , motivation of the employees , how to achieve the maximum production capacity
1-    Weaknesses : Things are threaten the company , increasing the cost of products 
2-    opportunities : how to buy the raw materials by less cost, opening new warehouses , marketing planning   
3-    Threats : Things are threaten the company , increasing the cost of products , decreasing the selling price of it’s product 
4-    Cost accounting : profit planning , budgeting

Read journal article and answer these question: Why is an accurate costing syste

Read journal article and answer these question:
Why is an accurate costing system important?
Identify the activity drivers for overheads activity-cost pools in this study and explain the reasons for the selection.
What is your most important takeaway from the article?

Internal control essay (550 words) Case Study: Internal control is related to me

Internal control essay (550 words)
Case Study:
Internal control is related to methods and measure to safeguard assets, increase efficiency in operations, and ensure compliance among others. There are 5 main components of internal control and 5 principles of internal control
Required:
a)    Explain briefly with an example each of the internal control 5 components
*The explanation for each, refer to the e-book attached.
*The example for each can be from online source and prefer information based in United Arab Emirates.
•    The internal control:
1.    Control environment
2.    Risk assessment
3.    Control activities
4.    Information & communication
5.    Monitoring
b)    Explain with example the 5 main principles of internal control
*The explanation for each, refer to the e-book attached.
*The example for each can be from online source and prefer information based in United Arab Emirates.
•    The principles of internal control: (chose any five)
1.    Establish responsibilities.
2.    Maintain adequate records.
3.    Insure assets and bond key employees.
4.    Separate recordkeeping from custody of assets.
5.    Divide responsibility for related transactions.
6.    Apply technological controls.
7.    Perform regular and independent reviews.
Reference should be “Footnote” style & APA 

The paper should include:  •    An introduction to include purpose of paper and

The paper should include: 
•    An introduction to include purpose of paper and intro to the city, 
•    Graphs or charts in the body of the report to compare topics, data, statistics and anything else that you need to present to support your analysis of the data or to help the reader understand your point.  Do not just say it is there; give Examples of the way it is presented and the implications. 
•    Analysis that should be on two levels:  First, the quality of the reports in terms of meeting GASB 34 or GFOA (Government Finance Officers Association) award requirements including how “user friendly” it is in your opinion (support your opinion) and second, some analysis of the data such as where the money is spent, how healthy the current revenue stream, the reserves, how well inter-period equity issues are addressed, etc.
•    Review of the format, the presentation of the CAFR, which should include mention significant differences between Conclusion of your overall assessment of City of Poway CAFR and Budget. Reiterate the main points of your findings and analysis; what is needed, what was presented very well and anything you think they could improve.
Part 1 – Budget analysis
1.    In your paper, provide answers to the following questions using visual as well as text.  Provide the discussion and analysis as if you were presenting a report to Council:
a. What major concerns are addressed in the budget document?
b. What is the total city budget?  Breakout the budget for the enterprise funds versus the general fund. 
c. What sources of revenue are received by the city overall?
2.    Look at the General fund budget overall. Compare revenues and Expenditures budgeted. 
a. Determine which Department consumes the most general government resources (support your selection).  For that department, answer these questions: 
i. What are the department’s goals and purpose?  How does that match with what you would think the citizens Expect?
ii. Are there revenues specific to the department?
iii. What are the budgeted Expenditures?  Provide Examples from the budget.
iv. If a 15% decrease is to be made for this department you have chosen where would you cut the budget? Explain why and what you think the overall effect of this decrease would be on the department.
v. Anything else you think is significant about this department’s budget?
Part 2 – CAFR analysis
1.    Read the Transmittal Letter, MD&A and notes.  For additional reference, look for official reports or financial information such as reports to Council about the CAFR. 
2.    Provide an analysis of the CAFR using text and graphics as if you were presenting your analysis to someone to inform them about CAFRs in general and this city in particular. 
3.    Include in your analysis the answers to the following questions. Be sure to also conform to the guidelines for the paper overall presented in the first section of these instructions and support your opinions with references or Examples. 
a.    Has the city received an award for the CAFR?  If so, you don’t need to spend time analyzing conformity with GASB 34 requirements.
b.    What detail is available in the notes to the statements that would be useful to a reader (citizen, potential commercial operation, etc.).
c.    What is the financial situation for this government?  Support your comments with Examples from the CAFR.  Is there sufficient information to determine the financial health of the government?   
d.    Compare the information provided in the CAFR and the budget for this city including a review of the budget vs. actual statements in the CAFR. 
The objective of this activity is for you to be aware of what is happening in the real world that relates to governmental accounting and reporting–to make the study of accounting more meaningful, to bridge the gap between theory and practice.  It is also intended to provide an opportunity for you to practice applying what you have learned to a real-world example and to demonstrate your written communication.  It is important that this be your own writing; it is more important to use your own words. 

Principles of Financial Accounting essay (550 words) Case Study: Internal contro

Principles of Financial Accounting essay (550 words)
Case Study:
Internal control is related to methods and measure to safeguard assets, increase efficiency in operations, and ensure compliance among others. There are 5 main components of internal control and 5 principles of internal control
Required:
a)    Explain briefly with an example each of the internal control 5 components
*The explanation for each, refer to the e-book attached.
*The example for each can be from online source and prefer information based in United Arab Emirates.
•    The internal control:
1.    Control environment
2.    Risk assessment
3.    Control activities
4.    Information & communication
5.    Monitoring
b)    Explain with example the 5 main principles of internal control
*The explanation for each, refer to the e-book attached.
*The example for each can be from online source and prefer information based in United Arab Emirates.
•    The principles of internal control: (chose any five only)
1.    Establish responsibilities.
2.    Maintain adequate records.
3.    Insure assets and bond key employees.
4.    Separate recordkeeping from custody of assets.
5.    Divide responsibility for related transactions.
6.    Apply technological controls.
7.    Perform regular and independent reviews.
Reference should be “Footnote” style & APA