Tag Archives: managerial accounting;

New Resource: Form 10-K Exercises for Introductory Accounting Courses

I’m excited to share a new instructional resource that I’ve developed in collaboration with Dr. Melissa Larson from Brigham Young University: a collection of Form 10-K exercises for introductory accounting courses. These short assignments help students build comfort working with real company financials from SEC filings. We have created step-by-step tutorial videos for each exercise […]

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Want to include AI in your accounting course? 24 step-by-step tutorials and more…

AI is transforming how we work—and our students need to be ready to use AI in their future careers. As educators, we have a responsibility to help them understand how to use tools like ChatGPT responsibly and effectively. That means helping them see AI not as a shortcut or cheating aid, but as a tool […]

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Announcing “Accounting Explained,” a new podcast for introductory accounting featuring Professors Jill Mitchell and Wendy Tietz

Greetings! I am excited to announce that Professor Jill Mitchell and I have teamed up to create a series of podcasts for introductory financial accounting. Our podcast is called “Accounting Explained.” Accounting Explained podcast episodes will generally be short (eight to ten minutes) and are designed for students in introductory accounting. Additionally, the podcast is […]

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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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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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