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Marshall - ACC 216 - Class Notes - Week 4

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School: Marshall University
Department: Accounting
Course: Principles of Accounting
Professor: STAFF
Term: Fall 2018
Tags: financial, statement, Accounting, and 216
Name: Accounting 216 Notes Week 1-4
Description: These notes are covering the beginning of accounting 216.
Uploaded: 01/15/2019
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School: Marshall University
Department: Accounting
Course: Principles of Accounting
Professor: STAFF
Term: Fall 2018
Tags: financial, statement, Accounting, and 216
Name: Accounting 216 Notes Week 1-4
Description: These notes are covering the beginning of accounting 216.
Uploaded: 01/15/2019

Unformatted text preview: ACC 214 1:17:19 Skill sets - Strategic Mot stills Customer intamaay Strategy (Starbucks). Operational excellence (Walmart.).... Product Leadership (Apple)... Enterprise Risk Mat .. Strategic Process Risk - Measurement Business Process Risk Leadership Salls - Process mot ... Traclitional Production (Purn). forecast saus D Order concponents + Store Inventory D Produce goods t store iny. + mane Saules........ LEAN Production (Pull). customer Order + Production order to figure out Component + Order Components to produce goods t pull to customer Theon of constraints Step I find weakest link Step 2 let weak link set types Step 3 improve bear linc Step 4. Next weak link! Conn. Of content I conipetitive 2.Confedentiality 3 integrity. A credibility 3 aHW # US000 + 305000-110000 - 200000 Total 1505000 2000000 1245000 Selling Expense (150000+(49x(1505000/430))) ( 49% 3560) 171500 Admin Expense Clos.000 +(19x(isos000/430))) A LO SCOX 3500 i Direct material. 2 Selling direct Tank / manufacturing s manufacturing M Snim tngco Sotn.grvo Osen 14 U Admin - 10 AdminProduct Cost Manufacturer Cost Deriod Cost Non manufactur cost Direct Direct Materialabor Manufactur Cost Adm C087 con Pinu Co87 C084 Balana Sheet Materials Direct labor - o materials inventory Work in process inventory finished Goods inventory SOLD income state Sales Cocos