Category: Accounting

  • “Completing Pearson Accounting Exam: Assembling Cash Flows from Operating Activities”

    – Login into my Pearson and finish this accounting exam
    -15 questions on assembling cash flows from operating activities
    -3 questions are already done

  • Title: My Shopping Experience at a Commissioned Sales Retailer Last weekend, I visited a local furniture store, Raymour & Flanigan, to purchase a new sofa for my living room. As soon as I entered the store, I

    Think about the last time you visited a local retailer, preferably one that has commissioned salespeople. For example, an electronics store (PC Richards), furniture store (Raymour & Flanigan), or department store (Bloomingdale’s) and discuss your shopping experience.
    In your opinion, how effective was the salesperson. What did they do to try to build a relationship with you? What sales techniques did they use? Did they discuss FAB with you?
    Submit your response in approx. a 1 page document. Be sure to spell check & proof read.

  • “Cost Optimization and Social Responsibility: A Balancing Act in Decision-Making”

    examine how social responsibility influences decision-making and cost optimization.
    1) Prepare Power Points Presentation on any topic of your Course Cost Accounting demonstration that how this is helping in achieving the social responsibility.
    The project must be presented in the PPT template
    please
    Link social responsibility to the tenth chapter that I attached

  • Title: Designing an Effective Process Costing System for Identifying Resource and Logistics Costs of a Manufactured Product Introduction: Process costing is a widely used method in manufacturing industries to determine the cost of a product by assigning costs to each stage of

    Process costing is an effective method to identify resource and logistics costs.
    Please respond to the following:
    Discuss the specific steps you would take to design a process costing system that effectively identifies resource and logistics costs of a manufactured product.

  • “Analyzing the Cournot Duopoly Game and its Nash Equilibrium”

    https://mru.org/courses/great-economists-classical-economics-and-its-forerunners/cournot
    Preparation
    The following video is about many of Cournot’s contributions. Pay attention to the demonstration here of the Cournot Duopoly as a Nash equilibrium. The video nicely illustrates this complicated model with pictures—no math! This is exactly the game we play in this week’s discussion.
    CournotLinks to an external site..
    Your instructor may also post additional resources to help further explain concepts related to this week’s discussion.
    Context
    In our Managerial Economics textbook, we consider a sequential-move game in which an entrant is considering entering an industry in competition with an incumbent firm (see Figure 15-1). There are several possibilities of how this sequential game will be played. We want to use the Froeb rule of “look ahead and reason back.”
    Post a Response
    For your discussion post, use Figure 15-1 from the textbook as your starting point to address the following:
    Play and analyze the game. Can, and how does, the entrant succeed? Is the incumbent ever in control of this game? What is the Nash equilibrium?
    You may wish to review the old game known as Duopoly, as well as Antoine-Augustin Cournot, to help inform your post.

  • Title: Blackboard Assignment Submission Guidelines

    The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
    Assignments submitted through email will not be accepted.
    Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
    Students must mention question number clearly in their answer.
    Late submission will NOT be accepted.
    Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
    Submissions without this cover page will NOT be accepted.

  • Cost Accounting Assignment

    The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
    Assignments submitted through email will not be accepted.
    Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
    Students must mention question number clearly in their answer.
    Late submission will NOT be accepted.
    Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
    All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.
    Submissions without this cover page will NOT be accepted.
    Assignment Question(s): (Marks 15)
    Q1. What is the process of identifying activities in an organisation and assigning costs under the Activity Based Costing (ABC) system? Elucidate. You will need to include the right numerical examples to support your answer. (2 Marks) (Chapter 7, Week 7)
    Answer:
    Q2. PPLC Company has two support departments, SD1 and SD2, and two operating departments, OD1 and OD2. The company decided to use the direct method and allocate variable SD1 dept. costs based on the number of transactions and fixed SD1 dept. costs based on the number of employees. SD2 dept. variable costs will be allocated based on the number of service requests, and fixed costs will be allocated based on the number of computers. The following information is provided: (4 Marks) (Chapter 8, Week 10)
    Support Departments
    Operating Departments
    SD1
    SD2
    OD1
    OD2
    Total Department variable costs
    18,000
    19,000
    51,000
    35,000
    Total department fixed costs
    20,000
    24,000
    56,000
    30,000
    Number of transactions
    30
    40
    200
    100
    Number of employees
    14
    18
    35
    30
    Number of service requests
    28
    18
    35
    25
    Number of computers
    15
    20
    24
    28
    You are required to allocate variable and fixed costs using direct method. Answer:
    Q3. What are an organization’s “outsourcing decisions” and “constrained resource decisions?” Provide a suitable numerical example of these decisions and explain how quantitative and qualitative considerations support a company’s decision-making process. (2 Marks) (Chapter 4, Week 9)
    Note: Your answer must include suitable numerical examples. You are required to assume values of your own, and they should not be copied from any sources. Answer:
    Q4. VBN plastic industry makes three plastic toys: T1, T2, and T3. The joint costs of the three products in 2017 were SAR 120,000. The total number of units for each product and the selling price per unit is given below:(3 Marks) (Chapter 9, Week 11)
    Product
    Units
    Selling Price per unit
    T1
    45,000
    SAR 15
    T2
    26,000
    SAR 14
    T3
    18,000
    SAR 10
    You are required to allocate the joint costs to each product using the physical volume method and sales value at the split-off method.
    Answer:
    Q5. MN&M Corporation is preparing a budget for 2018. The company provides you with the following details which will help you to prepare the budget: (4 Marks) (Chapter 10, Week 12) Budgeted selling price per unit = SAR 500 per unit
    Total fixed costs = SAR 150,000
    Variable costs = SAR 100 per unit
    Required:
    You are required to prepare a flexible budget for 1,000, 1,100, 1,200 and 1,300 units.
    Answer:

  • Title: The Impact of Lean Accounting on Organizational Culture and Financial Reporting Standards: A Comprehensive Literature Review

    Hello, thank you for your help thus far.
    I would like you to further extend the depth of the paper you wrote. I would like an additional 10 sources to be added to the literature review. Additionally, instead of just added completely new arguments/ paragraphs, you can also simply extend the arguements you have already made with more in depth examples and additional references. For example, you have written the following:
    “The influence of culture as a barrier to lean implementation is further analyzed by Bakke and Johansen (2019), who argue that employees and managers may be unwilling to think and act based on the requirements of lean practices. For example, they may be reluctant to think of organizational processes in terms of reducing waste and customer value. ” Here you given an example of how they are reluctant, but you can extend it by finding out “why” they are reluctant (and use an additional source or the same source to drive the point home).
    Another example is here:
    “. Additionally, Nguyen and Ngo (2023) indicate that further barriers to lean implementation include the costs. Technologies to support the application of lean principles in organizations are costly, which hinders the effective implementation of lean practices.” Here you could given a rough ball number from the paper you are referencing to show how expensive it is maybe.
    With the added word count, you can make the introduction and conclusion more detailed perhaps. And maybe go further into the relevance of this research, and why companies should care about improving accounting practices.
    Also could you perhaps make more reference to the financial reporting standards of IFRS when talking about the effect of lean accounting on this standard. what are the principles that IFRS requires companys to follow or what are the qualitative and essential characteristics of the information reported to comply to this accounting standard and does lean accounting make it easier to comply or harder? These characteristics are listed in the IFRS reference you used in the paper.
    If anything is confusing or you need more guidance please tell me.
    Since having to be in hospital, you have been such a great help. Thank you again.
    I put the sources in the order portal as 30 but you just need to add 10 additional ones to the 20 you already have in the paper.

  • “Forecasting Parker Hannifin Corporation Financial Statements: Utilizing 10K and Annual Reports”

    I need help forecasting Parker Hannifin Corporation financial statements based on their 10k and annual reports.