Course: Accounting for Decision Making problem discussion(The subject is in the attachment) Requirements: APA format List each heading to you know when the criteria are met in APA Format with 2

  1. This week you were introduced to managerial accounting and cost methods.  Discuss the differences between fixed, mixed and variable costs and provide examples.  Why is it important for managers to understand these costs?

2. Everyone with an address receives paper coupons and advertisements.  Do you use them?  Have you ever considered what it costs a retailer to put items on sale?   Provide an example of CVP and do the "what if" they sold more at a lower price or "what if" they raise the price, how many sales will they lose if any?

3.Explain job order costing and process costing.  What types of businesses use job order costing?  What types of businesses use job order costing?  Provide examples of each one.

4. Discuss traditional costing and why a better approach is/was needed.  Activity based costing (ABC) is the solution since it will enhance the accuracy and effectiveness of costing products by applying overhead costs where they belong.  Explain how is this helpful to managers?  

5. Discuss differential analysis and provide an example.

6. Discuss flexible budgets and provide an example.  Be sure to explain what they are and when they are used.

7. Discuss standard costs and when it is efficient to use standard costs?

8. Define decentralized organizations and tell how they work and how they measure the performance of those charged with management.