Management Accounting: Costs and Budgeting

4. The paper must logically develop the thesis in a way that leads to the conclusion, and that development must be supported by facts, fully

views of costs and the labor hours this can help create an appropriate budget and validate that the

This memo highlights segmented reporting and the variable approach to preparing income statements. Segmental reporting is necessary since there is a need to understand the cost data for each section. Proper cost allocation is critical to preparing the income statements, while it is also easier to identify the costs that are common and not attributable to any specific segment. Typically, the management analyzes the cost behavior by making the assumption that the total costs change occur because of change in level of a single activity (Slideshare, n.d.). The variable costing

Examine and comment on this claim with reference to the topic you have investigated? (15)

task to identify various elements of the research.The search for the rival explanations and the explanation of the negative cases help in this.These has to be done with the data in mind and the technical analysis is one of the most important factors in the determination of the credibility of the researcher(Leininger et al., 1985).

The use of opposing sources was also well integrated into the overall argument, and the overall paper is objective. However, some of the arguments are not fully clear as they are not surmised and repeated.

Are appropriate conclusions presented by the researchers? Are the data over-interpreted, under-interpreted, or appropriately reported in the discussion and conclusion sections?

Another expense results with budget expectations is capital purchases. Capital purchases are those that cost an organization more than $5,000. Such purchases include radiology equipment, lab equipment, computer systems. Unexpected expenses occur when equipment failure occurs and a need for new or repaired equipment arises or when unexpected volumes of patients require additional capital purchases of equipment to be made. “Working capital management is the role of the manager, in ensuring that there is adequate cash on hand to meet the organization’s needs and minimizing the cost of those resources” (Finkler et al., 2007, p. 360). Variances occur when multiple unexpected costs arise and that reserved cash is expended and needs to assume short-term loans or take away from other departments is necessary. This type of unexpected spending may be categorized as an unfavorable variance. Unfavorable variances are “variances in which more is spent than the budgeted amount” (Finkler et al., 2007, p. 501).

Rothschild, J. M., Lee, T. H., Bae, T., and others. "Survey of Physicians' Experience Using a Handheld Drug Reference Guide." (Presented at AMIA 2000 Annual Symposium). American Medical Informatics Association, Los Angeles, California, March 2000.

-Maintained 100% on-hand accountability of 6,668 principal end item held on the MAL and 18 consolidated memorandum receipts valued in excess of $68 million.

This assessment is about the requirements to undertake budgeting and forecasting the finances of an organization. After reviewing the case study I have prepared a budget statement.

Both reviewers agreed that great information was combined to support the problem. However, they both believed that more information was needed for a stronger argument. Expert reviewer three offered some useful articles that could better support the problem. Expert one and two responded near the beginning of the dissertation process and Expert three responded near the end of the process which may have impacted his response because of an improved presentation. Expert three agreed that the information offered was accurate information. He also agree that scholarship such as Harper and Quaye provided a great amount of information pertaining the to the topic area.

Company operates in the Industrial Sector – Services, and Industry – Regional Airlines. According to the Standard Industrial Classification System (SIC), company belongs to the industry group 451: Air

Would factory security and assembly activities be best classified at an appliance manufacturing plant as unit-level, batch-level, product-level, or organization-sustaining?

Erin should notify Smart Worx of the postponement as it is consistent with ethical principles of integrity and professional competence. As Erin is complying with these codes of ethics, she has nothing to lose or suffer as she followed the guidelines of the code and therefore cannot be