Inventory Costs 

Using your text and at least one scholarly source according to APA requirements, respond to the following:  Inventory continues to be a challenge for healthcare managers. Using the FIFO and LIFO methods of inventory, analyze the accounting implications of each method.  . You must respond to at least two of your classmates’ posts to receive full credit.

 

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Question 1.Regulations and Rules in the Accounting Practice:There are basic accounting rules that all organizations must follow.  The purpose of these rules is to make sure that sound accounting principles are being followed.  There are private entity rules and governmental entity rules.  Which of the following acronym would best describe these regulations and rules? 

Question 2.Determining which type of organization to form can take some time to figure it out and can be based on your preferences.  Why do many health organizations choose the corporate structure?

Question 3.Which type of organization divides equity by percentage of ownership?

Question 4.The Discount on Notes Payable account

Question 5.Assume that Robert Conrad, a nurse, worked 45 hours last week. He is paid $28 per hour, with hours in excess of 40 being compensated at one and one half times the regular rate. Income tax withholdings amounted to $270; his medical insurance deduction was $30. The Social Security tax rate is 6% on the first $55,000 earned per employee, and Medicare is 1.5% on the first $130,000. Cumulative gross pay before considering the preceding data totaled $54,202. What is Conrad’s take-home pay? 

Question 6.London Corporation paid $1,000 of accounts payable with cash on the last day of the month. The company had a current ratio of 4 before the disbursement. As a result of this payment, the current ratio will 

 

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The final assignment for the course is a Final Paper on two cases. The Final Paper should demonstrate understanding of the reading as well as the implications of new knowledge. The paper should be at least 10 pages in length and integrate readings, scholarly references, and course discussions into work and life experiences. It may include an explanation and examples from previous experiences as well as implications for future applications. 
Read the case study at the end of Chapter 12 and the case study at the end of Chapter 13, and thoroughly answer all the following questions. Supplement your answers with scholarly research using the Ashford Online Library. Each case study should be addressed in at least 5 pages, resulting in a combined Final Paper of at least 10 pages. 

1. Create a master production schedule for the breadmaker in the case that considers production levels, demand for the product, and the best business strategy for the situation presented.
2. Evaluate the advantages and disadvantages of Jack’s approach, considering how master scheduling can improve the process, and considering the organizational changes needed to increase the efficiency and effectiveness of the process.
3. Examine the impact of refusing a customer’s order because of lack of supply of the product vs. accepting the order and failing to deliver.
4. Describe the impact on average inventory levels and production if Realco produces 20,000 breadmakers every week, rather than 40,000 every other week.
   Chapter 13 Case Study: Supply-Chain Challenges in Post-Earthquake Japan 
5. Explain the advantages and disadvantages of the supply chain used in the Japanese auto industry before the March 11 earthquake and tsunami.
6. Evaluate whether or not Toyota’s plan for a “foolproof” supply chain is consistent with the Lean production philosophy.
7. Provide a recommendation and plan that you believe would be the best supply chain strategy for Toyota. 
8. Examine the impact Toyota’s plan will have on the way it handles relationship management in its supply chain.

The Final Paper Construction:

• Must be at least 10 double-spaced pages in length (not including the title and reference pages) and formatted according to APA style as outlined in the Ashford Writing Center. 
• Must include a title page with the following: 
  • Title of paper 
  • Student’s name 
  • Course name and number 
  • Instructor’s name 
  • Date submitted 
• Must begin with an introductory paragraph that tells the reader what will be covered in the paper. 
• Must address the topic of the paper with critical thought. 
• Must end with a conclusion that tells the reader what was learned from reading the paper. 
• Must use at least five professional resources, including a minimum of two from Ashford Online Library in addition to the text. 
• Must document all sources in APA style, as outlined in the Ashford Writing Center. 
• Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

 

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Pros and Cons of Outsourcing
Read the articles, “Trickle of Jobs Returning to U.S. Shores Could Soon Become a Torrent” and “The Benefits of Outsourcing Finance and Accounting.”  Based on the content presented, discuss some of the pros and cons of outsourcing.  Do you think many organizations are experiencing an increase or decrease in their levels of outsourcing?  Why? Respond to at least two of your classmates’ posts.

 

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