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New! Crossword and word search puzzles to review financial statement analysis

Below are links to a crossword puzzle to review financial statement analysis concepts in financial accounting – and links to a word search puzzle to review the same concepts. I figured many of us are heading into the financial statement analysis chapter right now, so I thought I would share these puzzles I created for […]

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How does shifting the sales mix at Ford Motor Company to more F-150 trucks affect Ford’s break even sales volume?

Ford Motor Company (FORD) sales jumped 31.5 % during June 2022 in the United States as compared to the prior month. Sales of Ford’s F-series trucks and the Explorer, Expedition, and Navigator SUV models drove the sales growth. According to a Bloomberg article (link) earlier this year, the F-150 Series product line is Ford’s most […]

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What impact do higher fuel costs and other changes have on American Airline’s break even point?

American Airlines Group (AAL), the world’s biggest airline, posted a loss in the first quarter of 2022, but expects to return to profitability as early as the second quarter of 2022. Despite the large profit, airlines have been experiencing a large increase in the cost of oil. The price of oil has risen during 2022; […]

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Did Subway franchisees profit from the $10 for two footlong subs during the pandemic?

Subway, the fast-food restaurant franchise, came out with a promotion offering two footlong subs for $10 during the early days of the Covid-19 pandemic as a way to drive traffic to its restaurants. Franchise owners were not happy with the promotion, claiming they lost money on every sub sold. Assume that the costs related to […]

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Crossword puzzle to review job costing in managerial accounting

Below are links to a crossword puzzle to review job costing in managerial accounting. Both links are to the same puzzle, but one has a solution enabled and the other does not. Job costing crossword puzzle: Share this link with your students to have them work on the puzzle without access to the solution. Job […]

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Would job costing or process costing be used for gummy bears produced at the US Haribo manufacturing plant?

Haribo has manufactured gummy bears since 1920. Those bears are currently made in 16 plants around the world. Starting in late 2022 or early 2023, those gummy bears will also be made in the US when Haribo finishes construction on its new plant in Pleasant Prairie, Wisconsin. Worldwide, about 100 million gummy bears are made […]

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Free webinar: “Low Man on the Totem Pole – How I Became a White-Collar Criminal”

The Akron chapter of the Institute of Management Accountants (IMA) is sponsoring a webinar on white-collar crime – “Low Man on the Totem Pole – How I Became a White-Collar Criminal.” The webinar is on Wednesday, October 19, 2022, from 6:30 – 8 pm Eastern. Registration is at this link. I cannot emphasize enough what […]

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What quality costs will the J.M. Smucker Company incur from its recall of Jif peanut butter?

The J.M. Smucker Company (Smuckers) issued a voluntary recall in 2022 for several Jif peanut butter products manufactured in its Lexington, Kentucky, manufacturing facility.  Jif peanut butter products were potentially linked to a multistate outbreak of Salmonella. Salmonella is an organism that cause serious and sometimes fatal infections in people.  This recall potentially covers millions […]

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Would sweetFrog use job costing or process costing in calculating the cost of a customer’s cup of frozen yogurt and toppings?

sweetFrog is a frozen yogurt restaurant franchise with over 300 locations in the United States and several more international locations. Customers select the flavor of frozen yogurt they want and fill their cup from the self-serve machine with the desired amount of the frozen yogurt. Next the customer will proceed to the toppings bar, where […]

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What product costs and period costs go into making Dunkin’ donuts?

The first Dunkin’ restaurant opened in 1948 in Quincy, Massachusetts, and is still in operation today. The recipe for Dunkin’ donuts has been a secret for 65 years.  To see how Dunkin’ donuts are made, see the video at https://www.youtube.com/watch?v=EwTRmfWUxlw (0:43 min.). The Dunkin’ donuts at a restaurant are not usually made at that location. […]

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