ACC 202 WORSKSHOP ONE REAL WORLD ACCOUNTING HANDOUT FOR 1.3 DROPBOX
Download Real World Accounting Handout for 1.3 Dropbox Review the questions below. As you watch the video Real World Accounting: Joe Crogan, take notes and answer the following questions for Dropbox submission:
Question 1. Why did they want to develop a job costing system? 2.
What does Joe call the marketing costs?
3.
What are the two types of labor costs that Joe identifies?
4. With what does Joe compare his cost data? 5. What are the three other costs besides labor that Joe identifies? 6. What is the easiest waste cost to identify? 7. What does Joe recommend that an accountant do to understand the numbers? 8. How does Joe’s recommendation relate to the Hewlett Packard philosophy of “management by wandering around”?