CASE STUDY;The debtors' conversion period is the time required to collect the outstanding amount from customers. A firm may acquire resources on credit and defer payments. Payables may thus arise. The payables deferral period is the length of time the firm is able to defer payments on purchase of resources. The difference between the payables deferral period and the sum of the inventory conversion period and receivable conversion period is referred to as the operating/cash conversion cycle. 1. Inventory conversion period. It is the sum of raw material conversion period, working in progress conversion period and finished goods conversion period. Raw material conversion period. It is the average time period taken to convert raw material into work in Process. Raw material conversion period = Raw material inventory / (Raw material consumption/ 360) Working in process conversion period. - It is the average time taken to complete the semifinished or work in process.

=

/

(

/ 360 ) Finished goods conversion period. - It is the time taken to sale the finished goods . Finished goods conversion period = Finished goods inventory/ (cost of sales/ 360) Debtors conversion period.

It is the time taken to convert the debtors to cash. It represents the average collection period.

QUESTIONS

1.what is the meaning and the interpretation of the Independence of observations in relation to autocorrelation

2.explain on the multiple regression concepts basing on necessity and order of applications

3.what basis role is played by Multi-collinearity in ensuring consistency is generated in managerial accounting transactions recording?

4. Explain some of the details supporting forecast errors and how they influence managerial accounting

5.what is the fate and end result for the Longer- term forecasting in managerial accounting?

6.what is your view on the meaning and relevance of the Learning curve theory as applied in the context of managerial accounting?

7.at the juncture of thecost-volume relationship, explain the necessity for the Evaluating item price in price analysis in the managerial accounting concepts

8.how does Evaluating direct costs in pricing new contractsinfluence the CVP analysis in managerial accounting?

9.what do you understand by the statement Evaluating direct costs in pricing contract changes?

10.explain on the order of events that result to Evaluating indirect costs in managerial accounting?