Textbook case: Managerial Accounting for Managers‚ 2nd edition Noreen‚ Brewer and Garrison (McGraw-Hill/Irwin‚ 2008). Case 4-33 Cost Structure; Target profit and Break-Even Analysis Contribution Income Statement for all three scenarios: 15% commission 20% commission Own sales force Sales $16‚000‚000 $16‚000‚000 $16‚000‚000 Variable manuf. cost $7‚200‚000 $7‚200‚000 $7‚200‚000 Commissions $2‚400‚000 $3‚200‚000 $1‚200‚000 -Tot. variable cost ($9‚600‚000)
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-]How Managerial Accounting Adds Value to the Organization (See related pages) | | | Managers need information for all of the managerial activities described in the preceding section. That information comes from a variety of sources‚ including economists‚ financial experts‚ marketing and production personnel‚ and the organization’s managerial accounting system.Objectives of Managerial Accounting Activity List and describe five objectives of managerial accounting activity. | Managerial accountants
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Kehinde Wiley was born in 1977 in Los Angeles‚ California. His father is Yoruba from Nigeria‚ and his mother is African-American. His mother supported his love for art since a early age and enrolled him in art after school art classes. When Kehinde was 12 he spent a little time in at an art school in Russia. Kehinde did not grow up with his father‚ at the age of 20 he traveled to Nigeria to explore his roots and meet him. Kehinde earned his BFA from the San Francisco Art Institute in 1999 and his
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Susan “Genie” Wiley‚ otherwise known as the “Feral Child” was born April 18th‚ 1957. She was a child of abuse‚ isolation‚ and neglect by the people who surrounded her during her very sheltered life. The environment that Genie was subjected to was a lonely one. For most of her life she was limited to one bedroom in the household and was affixed to a chamber pot that allowed for little movement‚ essentially complete isolation. Her caregivers—or lack of was her father and mother who she lived with along
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Introduction to Project Manager 2 Responsibilities of A Project Manager 3 Chapter-2: Project Manager & Arguments 4-6 As A Project Manager 4 Priorities Make Things Happen 5 Common ordered lists 6-8 Things Happen When One Say No 9 Keeping It Real 10 Know the Critical Path 11 Be Relentless 12 Be Savvy 13 Chapter-3: IS Manager & Answering 14-16
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This artwork is created by Kehinde Wiley and the name of this artwork is called “Fishermen at Sea (Jean-Frantz Laguerre and Andielo Pierre)‚ 2017.” This painting is part of his “In Search of The Miraculous” exhibition. Wiley is essentially known for his naturalistic style of African-Americans. His art is extremely contemporary which mostly references classical works from great painters and incorporates “street models” which he takes pictures of and uses them to creatively recreate pieces in his own
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Chapter 6 Cost-Volume-Profit Relationships Solutions to Questions 6-1 The contribution margin (CM) ratio is the ratio of the total contribution margin to total sales revenue. It can be used in a variety of ways. For example‚ the change in total contribution margin from a given change in total sales revenue can be estimated by multiplying the change in total sales revenue by the CM ratio. If fixed costs do not change‚ then a dollar increase in contribution margin will result in a dollar
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Adjusting Entries Step 5 of the accounting process involves the preparation of adjusting entries. Adjusting entries are made to update the accounts and bring them to their correct balances. The preparation of adjusting entries is an application of the accrual concept of accounting and the matching principle. The accrual concept states that revenues (or income) are recognized when earned regardless of when collected and expenses are recognized when incurred regardless of when paid. The matching
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The Human Resource Management Concentration is designed to prepare students for a career in the HR field. Graduates of the program will possess the basic‚ technical‚ theoretical and application skills required for HR positions in industry‚ government and nonprofit organizations. What is Human Resource Management? • HRM includes all management decisions and practices that directly impact or influence the people who work for an organization. • HRM recognizes that employees enable an organization
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Kasean Wiley 10/6/2014 Prof. Ring Nike Presentation Thesis : Nike brand is a well known house hold name because the companies founders were able to “on” a logo paired with celebrity sponsorship and representation. Intro: In 1972‚ the “swoosh” logo was designed for $35 and in 2012‚ Nikes net worth is $13.1 billion‚ according to the richest.org and the most valued sports brand in the world today with $15 billion‚ according to Forbes
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