Cost Accounting

Cost Accounting: A Managerial Emphasis, Fourth Canadian Edition Author: Horngren et al This substantive is reproduced with the permission of Pearson teaching method Canada. Chapter Gildan Active eroding is a multinational company that produces casual wear offshore and distributes to retailers such as GAP, Hudsons Bay Company, and hoar Navy. The companys managers require excellent information to specify what quantities of 11 Decision Making and Relevant Information material to purchase, where to correct the products, and whether to expand or close manufacturing facilities. Learning Objectives after(prenominal) analyse this chapter, you should be able to 1. suck a five-step rank in the closing process 2. Distinguish relevant cost and revenues from irrelevant costs and revenues in any decision situation 3. Understand the difference between quantitative factors and soft factors in decisions 4. Identify two potential problems in relevant-cost analysis 5. appoint the opportunity cost concept; explain why it is intentiond in decision making 6. Describe the key concept in choosing which among binary products to produce when there are capacity constraints 7. dissertate the key publishing managers must consider when adding or displace customers and segments 8.

Explain why the parole value of equipment is irrelevant in equipment replacement decisions 9. Explain how conflicts foot arise between the decision model employmentd by a manager and the exercise model used to evaluate the manager orking with managers to make decisions is unmat ched of the main functions of the managemen! t accountant and an important thrust of this book. The use of accounting information for decision making has been a consistent theme in earlier chapters. In this chapter, we focus on particular proposition and common decisions such as judge or rejecting a one-time-only special order, insourcing or outsourcing products or services, and regenerate or keeping equipment. We place special...If you exigency to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay