Case Study – ABC in a Virtual Corporation
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Read the case study posted to the week four projects thread and write a paper between 1,000 and 1,700 words addressing the following questions:
1. You are a recent MBA graduate and were hired by the company as a business consultant. Your objective is to identify areas for improvement. Present three business recommendations to management and state how this will impact the company’s financial statements.
2. Why did the company’s management think it was necessary to install an ABC system? Do you agree with their reasoning? Explain your answer.
3. Identify several cost driver recommendations to the company and state how this will influence cost accounting results and business decision capabilities.
4. Is a job order cost system or a process order cost system a viable option for the company. Why or why not?
Format your paper consistent with APA guidelines and submit your paper