Accounting Questions

Assignment 2 Discussion — CVP Analysis Review Decision Case 1 (Steve and Linda Hom) starting on page 984 of your text. In your initial post, answer the two case questions: 1. Compute the annual breakeven number of meals and sales revenue for the restaurant. 2. Compute the number of meals and the amount of sales revenue needed to earn operating income of $75,600 for the year. In addition, address the following in one to two paragraphs: 1. Identify and discuss several qualitative factors that should be considered in the decision process in addition to the quantitative data already computed in the case assignment. 2. What are the potential benefits of applying CVP analysis to business decision making? 3. Provide an example of another business scenario that could benefit from CVP analysis and explain how you would apply CVP analysis in the decision -making process. Assignment 3 Discussion — ABC Analysis Review the Decision Case 1 (Harris Systems) located on page 942 -943 in you textbook. Answer the four case questions in the R equirements section of the case. In addition, address the following in one to two paragraphs: o Compare and contrast ABC costing and traditional costing methods, giving examples. o In the assigned case, which system provides a more accurate picture of the cost incurred to produce the jobs? o Provide examples of manufacturers in your geographic area and explain which system would be best for them. Respond to each directive or question in 1 –2 paragraphs. Apply current APA standards for writing style to your work. Assignment 4 Discussion — Performance Reports and Budgeting Review Decision Case 1 (Donna Tse) located on page 1127in you textbook. Answer the case question in the Requirements section of the case. Your memo should be at least two paragraphs in length. Assignment 5 Responsibility Centers As we conclude our study of managerial accounting this week, reflect on the knowledge you have gained through the various assignments in this course and how these concepts can be applied to your current and future work situations. What do you think were the three most interesting managerial accounting concepts we covered over the past 5 weeks? What were the three most challenging concepts presented?

Explain your choices in a 2 -3 paragraph reflective essay and submit to the week 5 discussion area.