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ACC310 W5 Cost Accounting Final Paper pREMIER health billing, a third party medical insurance company. Virtual operations, employees work in a remote environment, operations, healthcare
ACC310 W5 Cost Accounting Final Paper pREMIER health billing, a third party medical insurance company. Virtual operations, employees work in a remote environment, operations, healthcare industry and overall competitive market. Explain at least three ways the company can use managerial accounting concepts to improve strategic planning and operational control. Assess the role of costing and cost allocation, including your recommendation for the most appropriate costing method (i.e., job-order costing, process costing, or activity-based costing). Describe the variable costs and fixed costs for existing products or services, including how those costs affect the breakeven points and target profit levels. Explain the role of the master budget (including the sales forecast, production or purchases budget, overhead budget, and selling and administrative expense budget) and variance analysis (including the identification of cost drivers that may affect material and labor variances). Develop a balanced scorecard with at least two recommended measures in each of the four perspectives: financial, customer, internal business processes, and learning and growth
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