suggested plan for writing article critique report assignment 2 acc00106 contemporar 1250980

Suggested Plan for Writing Article Critique Report Assignment 2 – ACC00106 Contemporary Issues in Accounting

Executive Summary (1/2 separate page placed before Table of Contents)

Provide an executive summary with 5 features – brief overview of the purpose of the report and an effective summary of report content

Table of Contents

1.0 Introduction (10% of word length=100-120 words)

Introduce contemporary issue in accounting as important influences in business; outline main points to be developed; give a statement telling the reader what your report will cover (thesis statement)

2. 3. 4. 5. 6.

Issue/Theme (approx. 190-200 wds)

  • What is the issue/theme?
  • Describe/define characteristics
  • Why is this issue/theme important or significant today?
  • What is the support from other ACC unit materials for this issue?
  • Other examples from sources?

Use references!

  • How do the articles agree?
  • Explain key similarities
  • How does the issue compare to other ACC unit materials?
  • Reasons why this issue/theme is important and/or effective in contemporary accounting?

Use references!

  • How do the articles disagree?
  • Explain the disagreement(s)
  • How does the issue compare to other ACC unit materials?
  • Reasons why there is disagreement on this issue/theme in contemporary accounting?

Use references!

Coverage Disparities

  • Where is there coverage disparity in the articles?
  • Explain the coverage disparity
  • How does the issue compare to other ACC unit materials?
  • Reasons why there is coverage disparity?

Use references!

  • What is the significance of this issue?
  • Why is it important in contemporary accounting?
  • Credibility and accuracy of sources?
  • Evaluate worth of articles to decision-makers
  • Does change need to happen?
  • Why or why not?
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7.0 Conclusion – approximately 10% of word length = 100-120 words (or less) to sum up key points from each section including issue, agreements, disagreements, coverage disparity and significance / worth of articles to decision-makers


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decision on accepting additional business country jeans co has an annual plant capac 1304598

Decision on Accepting Additional Business Country Jeans Co. has an annual plant capacity of 64,400 units, and current production is 43,700 units. Monthly fixed costs are $39,500, and variable costs are $25 per unit. The present selling price is $38 per unit. On February 2, 2014, the company received an offer from Miller Company for 16,600 units of the product at $27 each. Miller Company will market the units in a foreign country under its own brand name. The additional business is not expected to affect the domestic selling price or quantity of sales of Country Jeans Co. A.Prepare a differential analysis on whether to reject (Alternative 1) or accept (Alternative 2) the Miller b. Having unused capacity available is Select relevant irrelevant Correct 1 of Item 2 to this decision. The differential revenue is Select more less Correct 2 of Item 2 than the differential cost. Thus, accepting this additional business will result in a net Select gain loss Correct 3 of Item 2. c. What is the minimum price per unit that would produce a positive contribution margin? Round your answer to two decimal places. $ _______________


five years ago highland inc issued a corporate bond with an annual coupon of 7 000 p 957303

Five years ago, Highland, Inc. issued a corporate bond with an annual coupon of $7,000, paid at the rate of $3,500 every six months, and a maturity of 25 years. The par (face) value of the bond is $1,000,000. Recently, however, the company has run into some financial difficulty and has restructured its obligations. Today’s coupon payment has already been paid, but the remaining coupon payments will be postponed until maturity. The postponed payments will accrue interest at an annual rate of 7.5% per year and will be paid as a lump sum amount at maturity along with the face value. The discount rate on the renegotiated bonds, now considered much riskier, has gone from 7.0% prior to the renegotiations to 14.5% per annum with the announcement of the restructuring. What is the price at which the new renegotiated bond should be selling today? Recall that the compounding interval is 6 months and the YTM, like all interest rates, is reported on an annualized basis.

break even analysis 1273939

Break-Even Analysis and Standard Direct Material Cost per Unit


updraft systems inc makes paragliders for sale through specialty sporting goods stor 1040484

Updraft Systems, Inc., makes paragliders for sale through specialty sporting goods stores. The company has a standard paraglider model, but also makes custom-designed paragliders. Management has designed an activity-based costing system with the following activity cost pools and activity rates: Activity Cost Pool Activity Rate Supporting manufacturing $18 per direct labor-hour Order processing $184 per order Custom designing $255 per custom design Customer service $426 per customer ————————————– Management would like an analysis of the profitability of a particular customer, Eagle Wings, which has ordered the following products over the last 12 months: Standard Model : Custom Design Number of gliders 13 : 3 Number of orders 2 : 3 Number of custom designs 0 : 3 Direct labor-hours per glider 29.50 : 32 Selling price per glider $1,725 : $2,350 Direct materials cost per glider $478 : $576 ————————————– The company’s direct labor rate is $18 per hour. Using the company’s activity-based costing system, compute the customer margin of Eagle Wings.

given the returns and probabilities for the three possible states listed here calcul 957408

Given the returns and probabilities for the three possible states listed here, calculate the covariance between the returns of Stock A and Stock B. For convenience, assume that the expected returns of Stock A and Stock B are 0.11 and 0.19, respectively. (Round your answer to 4 decimal places. For example .1244)
















in 2016 the zsg company entered into a construction contract at the projectac cs beg 758422

In 2016 The ZSG Company entered into a construction contract. At the projectAc€?cs beginning the company estimated that it will take 3 years to complete and will cost $4,315,200 to complete. The contract price is $6,472,800 which will be paid to The ZSG Company by the purchaser over the course of the construction.

The following information was accumulated during the construction period:

Costs to date

Estimated costs to complete

Progress billings to date

Cash collected to date
















Instructions, using EXCEL:

1. Compute the estimated gross profit that should be recognized in each year of the construction period using the percentage of completion method.

2. Compute the estimated gross profit that should be recognized in each year of the construction period using the completed contract method.

a business received an offer from an exporter for 24 006 units of product at 18 00 p 832366

A business received an offer from an exporter for 24,006 units of product at $18.00 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available:

Domestic unit sales price $23.00
Unit manufacturing costs:
Variable $9
Fixed $6

Determine the differential revenue from the acceptance of the offer.

Select the correct answer.


  • Ans is a $216,054

    Offered Units 24,006.00
    Offered Price 18.00
    Variable cost of producing offered Products 9.00
    Contribution per unit of Offer(SP-VC) 9.00
    Total contrbiution or revenue from offer(9*24,006) 216,054.00
    Note: We have not considered Fixed cost while evaluating proposal as fixed cost will reamin same. It wont be affected by Offer

e13 12 sales warranty accrual method on august 1 2007 pereira corporation has ready 1312064

E13-12 Sales Warranty Accrual Method On August 1, 2007 Pereira Corporation has ready for sale 2,000 Wiglow instru- ments. During the next 5 months, 1,600 Wiglows are sold at $460 each with a one-year warranty. Pereira estimates that the warranty cost on each Wiglow will probably average $10 per unit. In this period, Pereira incurred warranty costs of $9,200. Costs for 2008 were $7,000.


1.      Prepare the journal entries for the preceding transactions, using the sales warranty accrual method.

2.      Show how the items would be reported on the December 31, 2007 balance sheet.



all transactions affecting the cash account of park company for the month of january 1230777

    1. All transactions affecting the cash account of Park Company for the month of January 19X5 are presented below:













Received cash from Alden Company for the balance due on thei r account, $1,600, less 2 percent discount.

Received payment from Walk Company on account, $1,550.

Paid rent for the mont h, $650, Check #165. Purchased supplies for cash, $614, Check #166. Cash sales for the first half of the month, $5,280. Paid biweekly salaries, $1,600, Check #167.

Received $406 in settlement of a $400 note receivable plus interest. Received payment from J. Cork of $500, less 1 percent discount.

Paid B. Sim mons $686 i n settlement of our $700 invoice, Check #168. Paid $450 on account to L. Hann, Check #169.

Paid H. Hiram $800, less 2 percent, on account, Check #170. Paid biweekly salaries, $1,680, Check #171.

Record the above transactions in both the cash receipts and the cash disbursements jou rna ls.

Cash Receipts Journal CR- I


Account Cr.


Cash Dr.

Sales Disc.


Sales Income Cr.

Acct. Rec. Cr.

Sundry Cr.

Cash Disbursements Journal CD- I


Check No.

Account Dr.


Cash Cr.

Pur. Disc.


Acct. Pay.


Sundry Dr.