PART 1 CHPT. 18
Post comments and reflections related to chapter 18 here. Also, post 3 questions related to the chapter. One of the questions needs to include a journal entry and/or computation. You may also comment on the chapter opener or the ethics question in the back of each chapter.
To receive full credit, you need to post comments (2 short paragraphs or more) AND 3 questions per chapter. After you have posted your initial comments, you need to respond to one student. I WILL SEND STUDENT RESPONSE AFTER RESPONSE, I WILL ALSO PROVIDE THE WHOLE CHAPTER 18 BOOK
PART 2 CHPT. 19
BTN 19-3 Assume that your company sells portable housing to both general contractors and the government. It sells jobs to contractors on a bid basis. A contractor asks for three bids from different manufacturers. The combination of low bid and high quality wins the job. However, jobs sold to the government are bid on a cost-plus basis. This means price is determined by adding all costs plus a profit based on cost at a specified percent, such as 10%. You observe that the amount of overhead applied to government jobs is higher than that applied to contract jobs. These allocations concern you.
-Write a half-page memo to your company’s chief financial officer outlining your concerns with overhead allocation.
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