Guillermo Furniture Store Analysis

Guillermo Furniture Store Analysis University of Phoenix ACC/561Accounting Guillermo Furniture Store Analysis Guillermo Furniture warehousing needs to scan what items will need to be reviewed and utilised to help achieve their organizational goals. They need to identify and understand the managerial reports and financial reports in order to make an apprised decision as to what direction to steer the alliance. Decision fashioning prerogatives for the manager will be determined through constitute relationships and behaviors. Also, a control system and review of a turn back even analysis can be critical to find expenses and revenues. They will help identify what will increase as sales increase, decrease, or not change at all. The company is now encountering competition and is considering expanding; therefore will need to hold all these things to make the business successful. Cost Relationships and Behaviors Managers are ask to make decisions about organizational resources in order to maximise the value of the firm. By understanding the theory and practice of approach management the managers of Guillermo will be fitting to make telling economic decisions.

Cost behavior is the way in which a cost reacts or responds to changes in the level of business activity. jibe to Garrison, Noreen and Brewer the faculty to look for how cost respond to changes in activity is critical for making decisions, controlling operations, and evaluating performance. Managers are able to estimate the amount of costs that are expected to be incurred at different levels of activity when they are able to predict cost behavior. The primary function of managerial accounting is estimating costs which is the heart of bud bring forthing and forecasting. In order to effectively plan a manager must be able to anticipate and if a cost can be expected to change and receive how much it will change. It is a managers ability to recognize and measure cost behavior that helps to avoid... If you want to get a full essay, order it on our website: Orderessay

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