University of California Irvine Managerial Accounting Exercises

Category: Business & Finance

Description

Assignment # 1

1. Explain the job order costing income statement and provide a hypothetical example of a job order costing income statement in a manufacturing enterprise.

a. Provide in-text citations and explain your example in detail.

2. Explain the activity-based costing income statement and provide a hypothetical example of

activity-based costing income statement in a manufacturing enterprise.

a. Provide in-text citations and explain your example in detail.

Assignment #2

● Prepare income statements in both job order costing and activity-based costing formats for a hypothetical case.

● Your example should include at least three (3) activities and at least two (2) products.

● If you do both correctly the operating income in both statements should be identical.

● Explain the initial assumptions and the calculations in detail.

● Provide in-text citations.

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