COGS College Essays Samples For Students

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Executive summary

In understanding cost and pricing dynamics in relation to profitability, at least four issues face the cost accountant in tracing product or service costs, the value of which will be used as an essential input in pricing decisions. These are complexity, accuracy, ease of estimation, and time. Joint cost allocation is an example of a complex cost tracing due to inevitable data gaps. Sunk costs exemplify a type of cost the accountants normally consider as marginal and, therefore, may be ignored in the cost trace. Opportunity costs also possess a unique characteristic in its “potentiality” by nature, although quantifiable based on ...

Summary

This particular section sheds light on the measures used to assess the quality of financial reporting. The framework looks at a company's risk and success factors. The quality of the analysis depends on the inputs put into it. In addition, the quality of the measures used to assess financial reporting varies between companies, and can also be different for a single company for a period of time. Measures that are based on inventory suit retail businesses, measures that are based on depreciation suit capital intensive companies, and measures that are based on off balance sheet reporting are best suited to financial institutions. ...

Financial Analysis: Nike Inc.

General Information:
1) Corporation:

Nike Inc.

2) Home City:

Oregon, United States of America

3) Current Fiscal Year End:
4) Primary Products/Services:
Nike Inc, was founded in 1971 and today, the company is the most valuable brand in the sports industry. Nike Inc. is engaged in the primary activities relating to design, devlopment and marketing of athletic shoes and apparels.
5) High-Low Selling Prices:
6) Describe Stock Price Trend: The stock price had been in the decreasing trend since beginning of 2nd quarter, however, post the beginning of 3rd quarter, a constant walk is seen in the stock prices.
7) Describe ...

As the manager of a multinational car manufacturer, one’s task would be to ensure maximum efficiency of those below them in the assigned departments under one’s jurisdiction. In order to do this, it is necessary to ensure that all employees under the manager’s care are utilizing their skills, making use of their knowledge and training their fullest potential. A corporation is only as strong as its workers, like cogs in a machine, and it is the manager’s job to keep the proverbial machine running efficiently. The issue one runs into more often than not is what can a manager ...

Introduction:

The paper discusses the financial trends in Meiji Holdings and General Mills Inc during the year 2012 and 2013. The trends will be covered for the following items:
- Revenue
- Cost of Goods Sold
- A/C Receivables
- A/C Payables

Trends in Revenue:

Analysis:
Referring to the above data and graphs, we can infer that during 2013, the revenue figures of both the companies increased significantly. However, increase in revenue figures was more profound in Meiji Holdings, which during a year, was able to increase its revenue by 9.62%. On the other hand, during 2013, General Mills ...