Posted: March 23rd, 2023
Please identify a specific company that would rely on managerial accounting information and why this is the case. When identifying the company please list it’s full legal name, location, industry, and how managerial accounting would assist in analyzing a company’s financials.
This week we covered Chapter 1, Introduction to Managerial Accounting and Chapter 2, Job Order Costing. Managerial Accounting is used mostly in manufacturing companies which assemble it’s own inventory. Job Order costing is a method for firms which produce unique items such as high end homes or cars tailored to their owners.
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