Cost and Management Assignment Example | Topics and Well Written Essays - 2000 words

Cost and Management - Assignment Example ant, or a management accountant must â€Å"perform their professional duties in accordance with relevant laws, regulations, and technical standards (1996, 23).† Lis proposal clearly violates laws, regulations and technical standards by incorporating her personal assets in order to increase the companys assets, as well as making her employee shoulder temporarily a part of the expenses in order to increase the companys income. Aside from violating the standard of competence, Lis proposal also violates the standard of integrity, which according to Horngren, Bamber & Stratton, accountant should â€Å"refrain from engaging in any activity that would prejudice their ability to carry out their duties ethically [and to] refrain from engaging in or supporting any activity that would discredit the profession (1996, 23).† The philosophy behind accounting is to come up with reports that will show the performance of the company to people with vested interests to the company, such as the government, for the taxes, and the companys investors such as shareholders and creditors. With accounting, fair and accurate information is desired to be produced for the purpose of objectivity, another ethical standard for accounting. Only with objective information will people such as investors and creditors will put their trust on the company, investing on the company for the hope of gaining some return through competent management in the process. This will be violated with Lis proposal, as well. A. Using the Weighted Average method, prepare a production cost report (following the 4 steps outlined in the text) for the Strings department for October. Round to 4 decimal places for unit costs and to the nearest dollar in the production cost report. C. Assume that in order to remain competitive, the company undertook a major cost-cutting program during February. Would the effects of this cost-cutting program tend to show up more under the weighted average or under the FIFO method? Explain your

The Invisible Man Essay Example | Topics and Well Written Essays - 500 words

The Invisible Man - Essay Example Bledsoe, a Black just like him, who he trusted fooled him, giving him falls hopes to which he has dedicated his life: â€Å"To Whom It May Concern: Keep This Nigger-Boy Running (33). Yet it is in his disillusionment that he begins to confront the lies he naively accepted, driving him to search and carve for his own name. He then worked against the system, he once believed. But again, he is betrayed. He begins to understand the opposing social forces that drive him to invisibility. So he receded from all these, living underground in a â€Å"hole in the basement† (7). He begins then to understand what is meant for an invisible man, like him, become visible. Yet with all these conflicting experiences, he is not still sure how to fathom his grandfather’s parting words to his father: â€Å"Live with your head in the lion’s mouth. I want you to overcome ‘em with yeses, undermine ‘em with grins, agree ‘em to death...† (14). Does it mean, remain invisible to become visible? Or does it mean to become what you are (become visible) whatever it takes? There are many possibilities.