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What could a Logitech staff accountant have done if he/she knew that the CFO and controller failed to write down the discontinued Revue parts inventory?

In the fourth quarter of 2010, Logitech International released the Revue, a TV set-top box designed to integrate cable/satellite TV with internet content. The Revue Google search bar would be able to find any desired content from any provider and project that content to the TV screen. The Revue was manufactured by contract manufacturers, not […]

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If the AMD Ryzen 16-Core CPU saves $1,000 per computer manufactured, how would computer manufacturers’ variances be impacted?

AMD is rumored to be releasing a new 16-core, 32 thread CPU, that would be significantly more powerful than its competitors – and it would be about $1,000 less expensive than the closest Intel CPU. This AMD chip is named “AMD Ryzen” and it has six more cores than Intel’s current primary desktop CPU – […]

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How would process costing work for gummy bears to be produced at the new US Haribo manufacturing plant?

Haribo has manufactured gummy bears, since 1920. Those bears are currently made in 16 plants around the world. Starting in 2020, those gummy bears will also be made in the US when Haribo opens a new plant in Wisconsin. Worldwide, about 100 million gummy bears are made by Haribo per day. The ingredients in gummy […]

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Introductory managerial accounting Jeopardy game for end-of-semester review

A few days ago, I shared a Jeopardy-style PowerPoint file that can be used for an end-of-semester review in introductory financial accounting classes. In this post, I am sharing a Jeopardy-style game that covers basic topics within an introductory managerial accounting course. This PowerPoint file contains a Jeopardy-style game suitable for use in an introductory […]

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Would job costing or process costing be used by the manufacturer of the dye used to turn the Chicago River green for St. Patrick’s Day?

Since 1962, members of the Plumbers Local have been dyeing the Chicago River green in honor of St. Patrick’s Day. Similar river dyeing occurs in Tampa, Austin, and elsewhere. In 1961, the mayor of Chicago wanted to find out where raw sewage was being dumped into the Chicago River. He directed that a special green […]

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What costs are relevant when determining how many pizzas a month Zume Pizza must sell to break even?

Zume Pizza uses a combination of robots, artificial intelligence (AI), and GPS in its food trucks to deliver pizzas to customers’ houses just as the pizza is finished baking. Pizzas are actually prepared and baked in the Zume pizza truck by an employee assisted by robots.  Zume Pizza started operations in April 2016 and is currently […]

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How might Target use data analytics to help make decisions?

In a recent visit in early February to a Target (NYSE: TGT) store in northeast Ohio, snow shovels were on display next to swimming suits, offering an interesting juxtaposition. [The average temperature in northeast Ohio in February is about 31° Fahrenheit, accompanied by an average monthly snowfall of about 15.”] An article in the Wall […]

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How do the sale of its Craftsman brand, a loan from a hedge fund, and the sale of real estate impact Sears’ statement of cash flows?

In January 2017, Sears Holding Corporation (NASDAQ: SHLD) sold its Craftsman brand for $900 million to Black & Decker, the manufacturer of power tools and accessories. That same month, a hedge fund affiliated with the CEO of Sears loaned Sears $500 million. Sears also has plans to sell about $1 billion of real estate assets […]

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What information is relevant when deciding whether to laser tattoo fruits and vegetables instead of using paper or plastic stickers?

Every piece of fruit and vegetables sold in U.S. grocery stores has a small sticker on it. These stickers include food type, origin, and whether it was grown organically. Laser Food is a company based in Spain that makes laser marking machines. These Laser Mark machines tattoo every piece of fruit and vegetable with identifying […]

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Would Wilson Sporting Goods use job costing or process costing for its footballs?

Footballs for the National Football League (NFL) are made by the Wilson Sporting Goods Company. Wilson makes about 700,000 footballs for NFL games each year, including the Super Bowl. The footballs are made at a Wilson factory in Ada, Ohio. Every Super Bowl football has been made at this small factory. The equipment used to […]

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