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Introduction and Building Blocks of Managerial Accounting

Exercises:

P1-27A, page 39: ERP cost-benefit analysis

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E2-21A, page 86: Classify and calculate a manufacturer’s costs

E2-25A, page 88: Compute direct materials used and cost of goods manufactured

E2-31B, page 90: Classify costs along the value chain for a manufacturer

Essay Question/Considering Ethics:

1. Review the IMA Statement of Ethical Professional Practice. Does business interaction in the global market conflict with these ethical standards? Consider outsourcing, sustainability, and social responsibility. Is it possible to remain competitive in a global market and remain true to these ethical standards? Please formulate aN essay exploring this issue. Research and site the business practices of at least two companies that function on at least two continents.

Suzie Mercy

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