Questions from General Accounting

Q: Describe the managerial accountant’s role in business planning, control, and

Describe the managerial accountant’s role in business planning, control, and decision making.

Q: How does inventory turnover provide information about a company’s short-term

How does inventory turnover provide information about a company’s short-term liquidity?

Q: For each ratio listed, identify whether the change in ratio value

For each ratio listed, identify whether the change in ratio value from 2014 to 2015 is usually regarded as favorable or unfavorable.

Q: The following information is available for Morgan Company and Parker Company,

The following information is available for Morgan Company and Parker Company, similar firms operating in the same industry. Write a half-page report comparing Morgan and Parker using the available inf...

Q: A review of the notes payable files discovers that three years ago

A review of the notes payable files discovers that three years ago the company reported the entire $1,000 cash payment (consisting of $800 principal and $200 interest) toward an installment note payab...

Q: Compute ending work in process inventory for a manufacturer with the following

Compute ending work in process inventory for a manufacturer with the following information.

Q: Prepare the 2015 schedule of cost of goods manufactured for Barton Company

Prepare the 2015 schedule of cost of goods manufactured for Barton Company using the following information.

Q: Compute cost of goods sold for 2015 using the following information.

Compute cost of goods sold for 2015 using the following information.

Q: Refer to the information in QS 19-11. During the

Refer to the information in QS 19-11. During the month, the jobs used direct labor as shown below. Jobs 1 and 3 are not finished by the end of March, and Job 2 is finished but not sold by the end of M...

Q: The Carlberg Company has two manufacturing departments, assembly and painting.

The Carlberg Company has two manufacturing departments, assembly and painting. The assembly department started 10,000 units during November. The following production activity unit and cost information...