Introduction and Building Blocks of Managerial Accounting

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