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Follow the directions in the document. Managerial Accounting Discussion Topic #3 DO NOT POST EARLIER THAN 1 WEEK BEFORE DUE DATE Step 1: Post a

Follow the directions in the document. image text in transcribed

Managerial Accounting Discussion Topic #3 DO NOT POST EARLIER THAN 1 WEEK BEFORE DUE DATE Step 1: Post a comment to the following on the MAL discussion board in your assigned group. Due Date: 4/2 (Tuesday) The topic will take some time, but should be an enjoyable and informative experience. Go to: http://manufacturing.stanford.edu/ and read the cover page and then click on "How Everyday Things Are Made". 1. Listen to the introduction by Dr. Mark Martin 2. Go through the "Test your knowledge" video 3. Select 1 or more areas (e.g. Transportation, Candy, Packing it up, What you wear, Playtime (tab 2) or Materials (tab 2) and watch how a product is made or a process. While you are watching, think about the accounting implications of capturing, monitoring, allocating and recording costs. Determine if this is a process or job cost operation. Distinguish between product vs. period costs. 4. Post in here a brief summary of the product or process you viewed; explain what you learned and relate the tour to information you learned in Chapters 3, 4 & 5. DO NOT SELECT JELLY BELLY AS YOUR PRODUCT OR TOUR. If appropriate, include personal experience in your response. Your posting is worth up to 12 points. No late postings are given credit

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