Business Finance
ACC561 Phoenix Ending Inventory Production Costs Memo

ACC561

University of Phoenix

Question Description

Purpose of Assignment **NO PLAGIARISM**

The materials covered this week distinguish between the different costing methods and provides needed tools for decision making. This case study focuses on determining equivalent units in a production business setting.

Assignment Steps

Resources: Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Committee (SEC)

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Scenario: Davis Skaros has recently been promoted to production manager. He has just started to receive various managerial reports, including the production cost report you prepared. It showed his department had 2,000 equivalent units in ending inventory. His department has had a history of not keeping enough inventory on hand to meet demand. He has come to you, very angry, and wants to know why you credited him with only 2,000 units when he knows he had at least twice that many on hand.

Prepare a maximum 700-word informal memo and explain to Mr. Skaros why his production cost report showed only 2,000 equivalent units in ending inventory. Using a professional tone, explain to him clearly why your report is accurate.

Format the assignment consistent with APA guidelines.

Final Answer

Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work Good luck in your study and if you need any further help in your assignments, please let me know Can you please confirm if you have received the work? Once again, thanks for allowing me to help you R MESSAGE TO STUDYPOOL NO OUTLINE IS NEEDED AS IT IS A DISCUSSION COMPLETED 100% PLAG CHECK .. REPORT ATTACHED GRAMMAR CHECKED - USING GRAMMARLY CITATION AND REFERENCES ACCORDING TO INSTRUCTION

Running head: PRODUCTION COSTS MEMO
Topic: Production Costs Memo
Student name:
Instructor name:
Course name:
Date:

Production Costs Memo

2

To: David Skaros
From: Accounting Department
Date:
Subject: Ending Inventory
The source of misunderstanding in the department’s ending inventory quantity happened
because the quantity could get determined in one of two methods based on the information that’s
applied. The benefits of inventory management shed light on the problem that’s experienced
within the production department. An inventory management requires planning, proper storage,
and accountability of the purchases that the company makes. An inventory manage...

Robert__F (44904)
UT Austin

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