Discussion topic 1

You are a new manager at a company that has always used work order costing, and your fellow managers are reluctant to switch to any other method. Based on an article you find in the KU library, justify to your coworkers why switching to activity-based costing would improve the company's decision-making power.

Discussion topic 2

This week we are introduced to cost management and the various factors that drive costs. Let's say you are a production manager and the company controller tells you that a new policy will require you to track down any damaged or discarded materials. Why do you suppose the controller wants a written record of spoiled material? What Benefits Can I Get From Tracking Impairment Rate By Job? Be sure to provide examples.

Discussion Topic 3 - Ethics

Discuss how the IMA Code of Ethics affects the ethical behavior of accountants. Which of the four standards found in the Code do you think is the most difficult to meet and why?