Colorado Technical University Accounting Questionnaire

Colorado Technical University Accounting Questionnaire
Description
Part A 300 – 400 words
You have learned that the internal control framework for most U.S. companies is the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control — Integrated Framework, which was issued in 1992.
Using the Library and other research tools, complete the following:
Identify the Treadway Commission and discuss its origin, history, and purpose.
List the 5 components of internal control as defined by COSO.
Discuss at least 2–3 elements that are included in each component as it relates to Bovar Company.
Part B – 1 page document.
The general manager at the Overall Manufacturing Company has submitted the following information for a specific line of heat exchangers with the recommendation to discontinue the round style heat exchanger because of its continued net operating income losses.
Overall Manufacturing Company
Heat Exchangers
Total
Round
Rectangular
Octagonal
Sales
$1,000,000
$140,000
$500,000
$360,000
Less variable expenses
$410,000
$60,000
$200,000
$150,000
Contribution margin
$590,000
$80,000
$300,000
$210,000
Less fixed expenses:
Advertising
$216,000
$41,000
$110,000
$65,000
Depreciation
$95,000
$20,000
$40,000
$35,000
Line supervisors’ salaries
$19,000
$6,000
$7,000
$6,000
General factory overhead*
$200,000
$28,000
$100,000
$72,000
Total fixed expenses
$530,000
$95,000
$257,000
$178,000
Net operating income (loss)
$60,000
$(15,000)
$43,000
$32,000
*A common fixed cost that is allocated on the basis of sales dollars
Analyze the above information to determine if the round heat exchanger should be discontinued. The special equipment that is used to produce the round heat exchanger has no resale value. If the round heat exchanger is discontinued, the two line supervisors who are assigned to the model would be discharged. Overall Manufacturing Company has no other use for the capacity that is now being used to produce the round heat exchanger.
Include the following in your analysis:
Should the production and sale of the round heat exchanger be discontinued? Show your analysis to support your answer.
How might this same information be presented to make it more useful to management in assessing the long-run profitability of its various product lines?
What policy change would you recommend to management?

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
1
You can contact our live agent via WhatsApp! Via + 1 3234125597

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 30% with the discount code GIFT