1. You are a new manager at a company that has always used job order costing, and...
Question:
1. You are a new manager at a company that has always used job order costing, and your fellow managers are reluctant to switch to any other method. Find an article and justify to your coworkers why changing to activity based costing would improve the company's decision making ability. Note your source please
2. Suppose you are a production manager and you are told by the company's controller that a new policy will require that you track any spoiled or scrap material. Why do you suppose the controller wants a written record of spoiled material? What benefits can come from tracking the spoilage rate per job? Be sure to provide examples.
3. Discuss how the IMA's (Institute of Management Accountants) Code of Ethics affects the ethical behavior of accountants. Which of the four standards found in the Code do you think is the hardest to comply with and why?
Excellence in Business Communication
ISBN: 978-0136103769
9th edition
Authors: John V. Thill, Courtland L. Bovee