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Answer the questions below in essay format.

Your essay must include an introduction, body, and conclusion,and address all relevant parts of each question. Your responseshould a minimum of 300 words in length. Make sure to cite anyreferences you use. Proper citation format for a reference includesthe name of the author(s), the title of the work, the date of thepublication, and the page number.

Cost Classifications

Answer each of the following within your essay.

Define direct costs and indirect costs.

Explain why managers consider direct costs to be more accuratethan indirect costs.

Name at least two factors that affect a cost's classification asdirect or indirect.

Define variable and fixed costs, and provide at least twoexamples of each.

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Trinidad Tremblay
Trinidad TremblayLv2
28 Sep 2019

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Essay

Answer the questions below in essay format.

Your essay must include an introduction, body, and conclusion,and address all relevant parts of each question. Your responseshould be a minimum of 300 words in length. Make sure to cite anyreferences you use. Proper citation format for a reference includesthe name of the author(s), the title of the work, the date of thepublication, and the page number.

Managerial vs. Financial Accounting

Define how managerial accounting differs from financialaccounting. Be sure to address the diverse users of managerial andof financial accounting and how each would use accountinginformation. Additionally, explain how the Sarbanes-Oxley Act (SOX)affects management accountants specifically and answer thisquestion: In your opinion, is SOX enough to deter unethicalaccounting practices internally? Be specific.

Answer the questions below in essay format.

Your essay must include an introduction, body, and conclusion,and address all relevant parts of each question. Your responseshould be a minimum of 300 words in length. Make sure to cite anyreferences you use. Proper citation format for a reference includesthe name of the author(s), the title of the work, the date of thepublication, and the page number.

Process Costing

Explain the accounting differences in process costing versusjob-order costing and answer the following questions:

How are manufacturing costs accounted for in processcosting?

How are labor and overhead costs applied in a process costingsystem?

Why is the cost per equivalent unit determined separately fordirect materials and for conversion costs?

What is the reason for determining the cost per equivalentunit?

What is the most important purpose of the cost of productionreport?

Are there different ways of determining the cost of completedand transferred out units, and the cost of ending work in processinventory?

Additionally, provide an example of a product environment mostsuitable to employ a process-costing system.

Can somebody help me with my accounting project, here are theinstructions:

Complete the Critical Thinking Problem A6-74 "Cost Behavior inReal Companies"Note: You must choose a publicly traded company foryour analysis. You may not use Pearson or any other publishingcompany for this analysis.

Your essay must include a cover page, introduction, body,conclusion, and a reference page. Be sure to address all relevantparts of each question. Your response should be a minimum of 700words in length (not including the cover page and the referencepage). Cite all references you use. Note: You must use at leastthree references. Proper citation format for a reference includesthe name of the author(s), the title of the work, the date of thepublication, and the page number.

A6-74
Cost Behavior in Real Companies
Choose a company with which you are familiar that manufactures aproduct or provides a service. In this activity, you will be makingreasonable estimates of the costs and activities associated withthis company; companies do not typically publish internal cost orprocess information.

Basic Discussion Questions
1. Describe the company you selected and the products or servicesit provides.
2. List ten costs that this company would incur. Include costs froma variety of departments within the company, including humanresources, sales, accounting, production (if a manufacturer),service (if a service company), and others. Make sure that you haveat least one cost from each of the following categories: fixed,variable, and mixed.
3. Classify each of the costs you listed as either fixed, variable,or mixed. Justify why you classified each cost as you did.
4. Describe a potential cost driver for each of the variable andmixed costs you listed. Explain why each cost driver would beappropriate for its associated cost.
5. Discuss how easy or difficult it was for you to decide whethereach cost was fixed, variable, or mixed. Describe techniques acompany could use to determine whether a cost is fixed, variable,or mixed.

Thank you very much!!!

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