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completed three finance questions all are on the attachment
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1. Neither ABC nor TQM are new concepts in managerial accounting, and they are both theoretically
sound. Yet there are companies that have not embraced them. Is TQM really feasible? Why or
why not?
Apa style
300 words
Two references scholarly (no website references)
2.
Selection of the appropriate cost driver
Bullions Enterprises, Inc. (BEI), makes gold, silver, and bronze medals used to recognize outstanding athletic performance in regional and national sporting events. The per-unit direct costs
of producing the medals follow.
Direct materials
labor
Gold
$300
120
Silver
$130
120
bronze
$35
120
During 2012, BEI made 1,200 units of each type of medal for a total of 3,600 (1,200 3 3) medals.
All medals are created through the same production process, and they are packaged and shipped
in identical containers. Indirect overhead costs amounted to $324,000. BEI currently uses the
number of units as the cost driver for the allocation of overhead cost. As a result, BEI allocated
$90 ($324,000 4 3,600 units) of overhead cost to each medal produced.
3.
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