Category: Accounting homework help

Solve the attached problems using Excel, but  you will also see problems that can be solved without. 

 
Option 1
Your team has been assigned to design and launch of a new product or service. This could be an external product for sale or an internal service to support other departments. As you prepare for your first team meeting, you know that identifying and classifying costs will be an essential part of the project.
Briefly explain what the new offering is (NOTE: this can be hypothetical or based on your current role at your company; you should not share any proprietary information)
Identify and describe one fixed cost and one variable cost in your department, and explain whether they are controllable or non-controllable.
Identify whether these costs are traceable to direct materials, direct labor, or overhead.
– OR –
Option 2
Consider your current organization, describe how costing is used or could be used to better understand the financial breakdown of products and/or services delivered. Would this information support you in your current role and/or aspired-to role? Have you seen instances where costing is not used effectively or could be better leveraged?

 For decades, museums, government agencies, and archeologists have reclaimed Native Americans’ remains. This culture has partially rendered native people and their culture extinct and overlooked the cultural and religious value of these remains. Ownership of native remains yields great controversy regarding who should be the rightful owner of these remains. On the one hand, Native Americans have a right to reclaim native remains. On the other hand, there is a need to study the origins of the first Americans. Native American tribes hold that native remains constitute valuable cultural symbols, and museums and scientists argue that the remains should be used for public display and objects of study. Congress passed the Native American Graves Protection and Repatriation Act (NAGPRA) in 1990 to enable Native American tribes to reclaim burial remains (Mountain, 2017). Although the law has led to the repatriation of thousands of remains to their respective Native American tribes, culturally unidentifiable native remains are still possessed and owned by museums. This paper argues that rightful ownership of native American remains belongs to the Native American tribes because they inhabited the areas where native remains were found, even if the objects are not culturally identifiable to modern-day tribes.