Acc/310 Week 2 Managerial Accounting

The election to itemize is appropriate when total itemized deductions are less than the standard deduction based on the taxpayer’s filing status.

Accounting is commonly described as the language of business. It is very important for all business owners to have very good understanding of their finances. Having the knowledge of your business finance, you will know where the money is going. Every business owner should have a good understanding of finance. To have a good understanding business owners needs to understand basic accounting steeps, how does accounting play a role in their business, how to define a financial statement and how the omission of any of these steps would affect the success of a business. Once you have an understanding of accounting/finance and the how it plays

Lecture's include slides, working through concepts and problems on the whiteboard and interactive development of

If Marlene Herbert were to discontinue place mats, he would miss $270,000 that will go toward Mendel paper company fixed cost. The company currently has a plant overhead that is estimated at $420,000 for the quarter. In addition to the fixed plant overhead, the plant incurs fixed selling and administrative expenses per quarter of $118,000. This draws the company to a total fixed cost of $538,000. If Marlene Herbert were to discontinue the second highest contributor to the fixed cost, he would need to increase the volume of computer paper and lower material cost to help pull the contribution margin of the lowest product up to help support the lost of a whole product line.

7. Explain why the results in Requirement 1, Part D, and Requirement 6 differ. Be specific.

As the health care delivery system developed in the US, it emphasized specialization over primary care.

ACO, another 3 letter health care organization consisting of integrated groups of providers, comes along promising the elusive goal of reducing health care cost, improving population health, and bolstering custom satisfaction. Sounds like a perpetual remake of a 70s movie called HMO that went through several reiterations over the past decades which gave us PPO, PSO, IDS, and the different flavors of MCOs. ACO’s hype is credited to the Affordable Care Act as it sought to reduce health care costs is by encouraging doctors, hospitals and other health care providers to form networks that coordinate patient care and become eligible for bonuses when they deliver that care more efficiently. Bottom line, providers are promised to make more if they

(b) Calculate by how much the proposed addition will either increase or reduce operating income. Show all work.

History suggests that the overwhelming majority of human beings have had to choose between either tyranny or anarchy

Since I am not a citizen of United States, I have never voted before, I am not registered to vote, I did not vote in the primaries in March. I do not plan to vote in the general election this November because I do not have the right to vote in U.S.; however, some of my friends plan to vote in the general election. People around me are somehow divided between the Democrat Hillary Clinton and the Republican Donald Trump. If I could vote I would vote for the Democrat Hillary Clinton because she supports gun control, she wants to fight against systemic racism in education & employment, she inspires American women to fight for their rights, and because she is really qualified, she has served as secretary of state, senator

Describe and explain the ways in which assessment practice has the potential to impact students’ learning:

An accounting cycle is a process, or a series of activities, that consists of collecting an organization’s transactions at the end of a reporting period to prepare essential financial statements of a business (Fleury, 2015). The accounting cycle is a strict, methodical set of rules used to ensure the accuracy and conformity of financial statements (Investopedia, 2017). The steps involved with an accounting cycle, the roles each of the step facilitate, the impact of omission, and what financial statements are assembled from the accounting cycle data.

income is $26.03 for year 1. Similarly, the present value of the firm at time 1 is

a service department’s costs have been allocated, costs are not reallocated back to it under