{"id":47158,"date":"2022-03-30T21:17:28","date_gmt":"2022-03-30T21:17:28","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/ma610-stand-alone-project-case-study-in-managerial-accounting\/"},"modified":"2022-03-30T21:17:28","modified_gmt":"2022-03-30T21:17:28","slug":"ma610-stand-alone-project-case-study-in-managerial-accounting","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/ma610-stand-alone-project-case-study-in-managerial-accounting\/","title":{"rendered":"Ma610 stand-alone project case study in managerial accounting"},"content":{"rendered":"<div>\n<p>\u00a0\u00a0<\/p>\n<h4>Instructions\u00a0<\/h4>\n<p><strong>Stand-Alone Project: Case Study in Managerial Accounting (250 points)<\/strong><\/p>\n<p>You should <em><strong>begin working on the Stand-Alone Project early in the course<\/strong><\/em>. Each assignment provides a benchmark for completing the Stand-Alone Project in a timely manner while working through the course. You will find this information in the \u201cStand-Alone Project Benchmark\u201d section of each assignment.<\/p>\n<p>Your Stand-Alone Project responses should be both grammatically and mechanically correct and formatted in the same fashion as the project itself. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your response and document them in a bibliography using APA style.<\/p>\n<p>Each assignment in this course focuses on a different concept in managerial accounting. These concepts apply whether a firm is involved in manufacturing, merchandising, or service, as well as non-profit organizations. The purpose of this project is to help you understand the use and application of the concepts covered in the course. You are being asked to study an actual firm and to report on its use of the concepts covered in this course. (250 points) (A 20-page response is required.)<\/p>\n<p>\u00a0\u00a0<\/p>\n<p>Part A<\/p>\n<p>Select a firm that is publicly \u00a0\u00a0traded. This ensures you can access the needed data and information from \u00a0\u00a0published financial disclosures and articles found in various business \u00a0\u00a0journals such as <em>Strategic Finance, Management Accounting Quarterly, etc<\/em>.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Note: For large firms, you may want \u00a0\u00a0to study only a segment of the firm. If so, ensure that you break down \u00a0\u00a0company data for the segment chosen.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Provide the following background \u00a0\u00a0information on the firm you selected. (25 points)<\/p>\n<p>\u00a0<\/p>\n<p>1.<\/p>\n<p>Firm Name<\/p>\n<p>\u00a0<\/p>\n<p>2.<\/p>\n<p>Description of the Industry in Which \u00a0\u00a0the Firm Operates<\/p>\n<p>\u00a0<\/p>\n<p>3.<\/p>\n<p>Type of Business or Segment of the \u00a0\u00a0Firm (manufacturing, merchandising, service, or non-profit organization)<\/p>\n<p>\u00a0<\/p>\n<p>4.<\/p>\n<p>General Description of the Firm\u2019s \u00a0\u00a0Operations, Organization, Products, and Markets<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Note: The rest of the report will \u00a0\u00a0deal with the concepts covered in this course. Following are concepts that \u00a0\u00a0should be discussed in your report. Although some discussion relating to each \u00a0\u00a0concept is expected, please feel free to place a greater emphasis on topics \u00a0\u00a0of special interest to you. You may also want to place an emphasis on an area \u00a0\u00a0of weakness that may result in corrective action by the firm.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Conversely, for your benefit, you \u00a0\u00a0may want to explore in depth a topic in which the firm has a real strength. \u00a0\u00a0Your study may find areas in which the firm needs improvement. A \u201cno\u201d answer \u00a0\u00a0for many of the questions would indicate a weakness in the firm\u2019s systems. In \u00a0\u00a0those instances, you should make recommendations. Provide complete details of \u00a0\u00a0the recommendations that you make, including why the recommendation is being \u00a0\u00a0made and the benefits to be gained. Each of the following components of your \u00a0\u00a0report requires a minimum of two (2) pages. This allows flexibility for you \u00a0\u00a0to emphasize your areas of specific interest.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Part B<\/p>\n<p>Cost Behavior and \u00a0\u00a0Cost-Volume-Profit (CVP) (Lesson #1): Assess your firm\u2019s use of these tools. \u00a0\u00a0(45 points)<\/p>\n<p>\u00a0<\/p>\n<p>1.<\/p>\n<p>Does the firm break down their \u00a0\u00a0costs by behavior?<\/p>\n<p>\u00a0<\/p>\n<p>2.<\/p>\n<p>Do they determine their break-even \u00a0\u00a0point?<\/p>\n<p>\u00a0<\/p>\n<p>3.<\/p>\n<p>Do they use these concepts in the \u00a0\u00a0decision-making process? Do you have any recommendations to make?<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Part C<\/p>\n<p>ABC, Job Order, and Process Costing \u00a0\u00a0and Cost Allocations (Lesson #2): Describe the cost system used by your firm. \u00a0\u00a0(45 points)<\/p>\n<p>\u00a0<\/p>\n<p>1.<\/p>\n<p>If your firm is not using ABC \u00a0\u00a0costing, do you think that it is a good candidate to do so? Why or why not?<\/p>\n<p>\u00a0<\/p>\n<p>2.<\/p>\n<p>Do you have any recommendations to \u00a0\u00a0make?<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Part D<\/p>\n<p>Budgeting and Variance Analysis \u00a0\u00a0(Lesson #4): Describe the budgeting process used by your firm. (45 points)<\/p>\n<p>\u00a0<\/p>\n<p>1.<\/p>\n<p>Does the process follow the \u00a0\u00a0responsibility concept?<\/p>\n<p>\u00a0<\/p>\n<p>2.<\/p>\n<p>Can you ascertain how employees \u00a0\u00a0view the process?<\/p>\n<p>\u00a0<\/p>\n<p>3.<\/p>\n<p>Is a flexible budget concept used? \u00a0\u00a0Do you have any recommendations to make?<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Part E<\/p>\n<p>Cost, Profit, and Investment Center \u00a0\u00a0(Lesson #5) (45 points)<\/p>\n<p>\u00a0<\/p>\n<p>1.<\/p>\n<p>Is decision making centralized or \u00a0\u00a0decentralized?<\/p>\n<p>\u00a0<\/p>\n<p>2.<\/p>\n<p>How is performance evaluated?<\/p>\n<p>\u00a0<\/p>\n<p>3.<\/p>\n<p>Does the firm follow the \u00a0\u00a0decision-making and evaluation concepts covered in this course?<\/p>\n<p>\u00a0<\/p>\n<p>4.<\/p>\n<p>Does the firm use a balanced scorecard?<\/p>\n<p>\u00a0<\/p>\n<p>5.<\/p>\n<p>Do you have any recommendations to \u00a0\u00a0make?<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Part F<\/p>\n<p>Decision-Making Policies (Lesson \u00a0\u00a0#6): You were given a number of examples showing how relevant financial \u00a0\u00a0information was used in decision making. Review the firm\u2019s policies regarding \u00a0\u00a0these decisions. (45 points)<\/p>\n<p>\u00a0<\/p>\n<p>1.<\/p>\n<p>Does it follow the concepts covered \u00a0\u00a0in this course?<\/p>\n<p>\u00a0<\/p>\n<p>2.<\/p>\n<p>Do you have any recommendations to \u00a0\u00a0make?<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0\u00a0 Instructions\u00a0 Stand-Alone Project: Case Study in Managerial Accounting (250 points) You should begin working on the Stand-Alone Project early in the course. Each assignment provides a benchmark for completing the Stand-Alone Project in a timely manner while working through the course. You will find this information in the \u201cStand-Alone Project Benchmark\u201d section of each [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-47158","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/47158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=47158"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/47158\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=47158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=47158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=47158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}