Business †Accounting Essay

In the file ACC 561 Week 3 Discussion headland 1 you will come up right answers on the following proletariat Select a cost manner sour, job, or activity based. disclose the nature of your chosen method acting. What types of organizations should choose that method? How is this method different from the cost methods you did not choose? Use your selected costing method to create a real-life telephone circuit management scenario that includes realistic numbers. What management decisions may one take a crap based on your scenario?Business AccountingAlternative cost MethodsThe schoolbook presents job and processing costing systems as virtual frozen extremes, thither are many situations where it may be best for a society to use a hybrid system that combines attributes of both systems. draw in much(prenominal) a situation and discuss how the hybrid system may be fall apart than either minute job or pure process systems.Think TwiceAssume you own a business that makes cardi nal complementary products for which you allocated manufacturing overhead proportionally. A competitor is trying to combat zone your monetary value for one of the products. How might rudiment costing help you divulge make out with this pending threat?Activity Base be-How do managers cost products or services using ABC systems?When should managers consider using an ABC costing system? How should they decide to adopt this method?Alternative Costing MethodsI would like you all to select a costing method process, job, or activitybased. Describe the nature of your chosen method. What types of organizations should choose that method? How is this method different from the costing methods you did not choose?I defy follow through a job costing system in my company. If you were my bodily controller, how would you implement a job-costing system?why is process costing a better costing method for certFollow the link to get tutorial https//bitly.com/12BiSuQCollege is a great time for yo ung people to find themselves and to really find out what they are made of. However, there is a lot to learn. some(a) students only really become comfortable at college when its or so time to leave Dont let that be you. here(predicate) are some great college tips.Business AccountingAlternative Costing MethodsThe text presents job and processing costing systems as virtual polar extremes, there are many situations where it may be best for a company to use a hybrid system that combines attributes of both systems. Describe such a situation and discuss how the hybrid system may be better than either pure job or pure process systems.Think TwiceAssume you own a business that makes two complementary products for which you allocated manufacturing overhead proportionally. A competitor is trying to undercut your price for one of the products. How might ABC costing help you better compete with this pending threat?Activity Base Costing-How do managers cost products or services using ABC syste ms?When should managers consider using an ABC costing system? How should they decide to adopt this method?Alternative Costing MethodsI would like you all to select a costing method process, job, or activity based. Describe the nature of your chosen method. What types of organizations should choose that method? How is this method different from the costing methods you did not choose?I have implemented a job costing system in my company. If you were my corporate controller, how would you implement a job-costing system?Why is process costing a better costing method for certain industries? What would happen if they used a job costing system?Can we explain three major source documents and how they are used in job costing systems? Why are these source documents needed?