Select a nearby company. Arrange an interview for your team with a managerial accountant, a controller, or

Question:

Select a nearby company. Arrange an interview for your team with a managerial accountant, a controller, or another accounting/finance officer of the company.

Requirements Before your team conducts the interview, research the company and answer the following questions: 

1. Is this a service, merchandising, or manufacturing company? What is its primary product or service? 

2. What are some possible fixed costs this company incurs? 

3. What are some possible variable costs this company incurs? 

4. Select one of the company’s products or services. Estimate the unit contribution margin for the product or service.

At the interview, ask the above questions and compare your team’s answers to the company’s answers. Then ask the following questions:

 5. How does the company determine the sales prices of products and services?

 6. What is the company’s cost structure? Does the company have relatively high or low fixed costs? 

7. What is the company’s sales mix? Has the sales mix changed recently? If so, what caused the change?

Your team should summarize your findings in a short paper. Provide any exhibits that enhance your explanations. Provide proper references and a works cited page.

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Horngrens Accounting The Managerial Chapters

ISBN: 9781292105871

11th Global Edition

Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura

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