Management accounting should not fit the straitjacket of financial accounting. explain and give an example.
a. management accounting does not allow managers to charge interest on owners' capital to judge a division's performance, even though such a charge is required under gaap.
b. management accounting cannot include assets or liabilities with nicknames that are developed internally, which is allowed under gaap.
c. management accounting and financial accounting can use asset or liability measurement rules, such as present values or resale prices, whichever is more reasonable at the time.
d. management accounting does not have to comply with the same standards of financial accounting such as generally accepted accounting principles.

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

What is used by accountant to analyze transactions ?