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Homework answers / question archive / Topic 1: Common-Sized Balance Sheets Please see the Common-Sized Balance Sheet for Target Corp

Topic 1: Common-Sized Balance Sheets Please see the Common-Sized Balance Sheet for Target Corp

Management

Topic 1: Common-Sized Balance Sheets

Please see the Common-Sized Balance Sheet for Target Corp.

Common-sized (i.e., information presented as percentages instead of monetary amounts) Balance Sheets for the 3 most recent years in the most recent annual report for your selected corporation.

How do common-sized Balance Sheets assist in the analysis of advanced cost/managerial accounting data to use in planning, budgeting, and forecasting? What conclusions do you draw from analyzing the three years of common-sized Balanced Sheets relative the corporations' planning, budgeting, and forecasting?

How could or should the content of this discussion topic assist professional accounting leaders and managers make ethical, efficient and effective decisions?.

1.1 I need ONE RESPONSE OF 3 PARAGRAH talking about Common-Sized Balance Sheet

Topic 2: Variance Analysis: Chapter 11 Mini-Case A11-61

Discuss Chapter 11 mini-case A11-61 from page 707 of the textbook.

How can applying advanced financial statement analytical methods such as variance analysis aid in decision analysis and in decision making?

I JUST NEED SOMETHING IN OVERALL 4 PARAGRAH DISCUSING ALL THE POINTS OF THE MINI CASES.

 2.1 AND I need one 3 paragraph response about this.

A11-61 Analyzing Variances and Potential Cause

Go to youTube.com and search for clips from the show Unwrapped on Food Network or How as made on the Discovery Channel. Watch a clip for a product you find interesting. Companies are not likely to disclose everything about their production process and other trade secrets. When you answer the following questions, you may have to make reasonable assumptions or guesses about the manufacturing process, materials, and labor.

Basis discussion Questions

1. Describe the product that is being produced. Briefly outline the production process.

2. What direct materials are used to make this product? In general, what has happened to the cost of these materials over the past year? To find information about the price of materials, you might try one of these sources (or a combination of these sources):

3. Given what you have discovered about the cost of materials for this product, were the price variances for each material likely to be favourable or unfavourable (answer separately for each individual material)?

4. In general, what has probably occurred to the cost of direct labor for this company? Again, to find clues about its labor costs, you might try one of the options listed in question 2. If you cannot find anything specific about this company, then discuss what has happened to the cost of labor in general over the past year.

5. Given what you have discovered about the cost of labor, was the labor rate variance likely to be favourable or unfavourable?

6. It is unlikely that the company has released information about its quantity (efficiency) variances. In general, though, what could cause this company’s material quantity variances to be favourable? What could cause these material quantity variances to be unfavourable?

7. In general, what could cause this company’s labor efficiency variances to be favourable? What could cause these labor efficiency variances to be unfavourable?

Case study. Week 5

Case Information:

Complete the Chapter 10 mini-case A10-57 regarding analyzing segmented financial information of an actual corporation on pages 648-649 of the textbook 5th edition. Use the most recent annual report or 10-K for a corpoation to analyze the reported segmented financial information. (you can use any corporation you want)

Analysis Requirements:

Based on your readings, literature, and research analyze the case and include answers to the questions, but do not include the questions. Use brief headings to communicate where you are addressing the questions. Have a cover page, introduction summarizing the content of your case analysis, a summary with conclusions, plus a reference list.

 

 

 

 

 

 

  

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