Explain the difference between a product cost and a period cost.

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Accounting Questions a). Explain the difference between a product cost and a period cost. Why is manufacturing overhead considered an indirect cost of a unit of product? b) What is an under-applied ov

Accounting Questions

a).

Explain the difference between a product cost and a period cost.

Why is manufacturing overhead considered an indirect cost of a unit of product?

b) What is an under-applied overhead?

Provide two reasons why overhead might be under applied in a given period.

1. Inadequate management of overhead costs may lead to unexpectedly high overhead expenses.

2. Some of the overhead costs are fixed, and if the actual amount of the allocation base for the period is less than what was estimated at the start, the overhead will not be used as much as it should be.

c). The production manager of a company is arguing that a 10% decrease in the selling price of a product will have the same impact on profit as a 10% increase in the variable expenses. Do you agree? Why or why not?

Kenworth Motors Retreat

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Kenworth Motors Retreat How would you design the upcoming retreat? Include at a minimum, the following elements: Ideas proposed during the initial client meeting, whether or not they should be include

Kenworth Motors Retreat

How would you design the upcoming retreat? Include at a minimum, the following elements:

Ideas proposed during the initial client meeting, whether or not they should be included and an explanation for your choice.

Objectives for small group activities, and how each group would be determined

Where and how to fit in the current strategic plan to the retreat schedule

Case 2: Starbucks Overseas

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Case 2: Starbucks Overseas What were the key reasons for Starbucks success in China? Localization Effective positioning and the generation of new demand What were the critical reasons fo

Case 2: Starbucks Overseas

What were the key reasons for Starbucks success in China?

Localization

Effective positioning and the generation of new demand

What were the critical reasons for Starbucks failure in Australia?

Not Understanding the culture of Australian Customers

The Great Recession

Do you think Starbucks should continue its expansion plans in Australia?

Using insights from the cases, what are your suggestions to Starbucks?  How could they best ensure success in Nairobi market?

Identify the ethical implications of classifying costs correctly and following the appropriate rules of the accrual process.

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Purpose: The purpose of this assignment is to allow you to identify the ethical implications of classifying costs correctly and following the appropriate rules of the accrual process. Parameters: Fo

Purpose: The purpose of this assignment is to allow you to identify the ethical implications of classifying costs correctly and following the appropriate rules of the accrual process.

Parameters: For this assignment, you will write a 3-4 page paper, not including the Title and Reference pages. The paper must include at least 2 references, including the Bible. Your paper should follow current APA format. You should compose your paper in a professional format, including complete, coherent sentences.

Prompt: After reviewing the Reading & Study materials for the week, identify the ethical implications of classifying costs correctly and following the appropriate rules of the accrual process. The paper must also include a discussion on how your personal faith should guide your ethical behavior in your career.