Horngren’s Accounting
Assignment Details: I need help with 2 discussion posts.
Discussion post #1
Review Chapter 3 and 4 of Horngren’s Accounting: The Managerial Chapters (7th ed.) textbook.
In your posting, address the following points:
Explain the role of cost allocation in a process costing system.
Discuss how an operations manager may benefit from receiving a production cost report.
Elaborate on the four steps in preparing a cost production report.
Explain how the report could help the manager make key decisions for their department.
Make sure your response addressing the following questions is more than 200 words, and that you include an in-text citation or a brief quote from the reading material where appropriate. Cite your sources in APA Style with in-text citations and a reference list.
Reference
Miller-Nobles/Mattison. (2020). Horngren’s accounting: The managerial chapters (7th ed.). Pearson.
Discussion post #2-p
Select a real-world manufacturing company (it could be a previous or current employer or just a company that interests you). Pretend that management has hired you as a consultant to assist them with implementing an activity-based management and activity-based costing system.
In your posting, address the following points:
Identify at least three activities applicable to your selected company and an appropriate cost allocation base for each activity.
Explain to management some of the benefits they can expect from using an activity-based costing system.
Discuss why activity-based costing methods are more accurate.
Make sure your response addressing the following questions is more than 200 words, and that you include an in-text citation or a brief quote from the reading material where appropriate. Cite your sources in APA Style with in-text citations and a reference list.
Reference
Miller-Nobles/Mattison. (2020). Horngren’s accounting: The managerial chapters (7th ed.). Pearson.
Paper Format: APA
Answer preview to Horngren’s Accounting
APA
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