Accounting for Managers Unit Four

Full Answer Section

• Conduct the interview: Choose a manager or owner of a restaurant you have access to. Be respectful of their time and clearly explain the purpose of your interview. Take detailed notes during the conversation.
• Write your report: Organize your report in APA format. Include an introduction, background information on the restaurant industry, your interview questions, key findings from the interview, and conclusions relating to the readings. Use quotes from the interviewee and cite relevant parts of your textbook using APA referencing.

Equipment Proposal:

For the equipment proposal, follow these steps:

• Identify a specific piece of equipment: Based on Chapter 8, choose a piece of equipment relevant to your manager's business. Research its benefits and potential impact on their operations.
• Structure your proposal: Include an introduction, problem statement (current challenges without the equipment), proposed solution (details about the equipment and its benefits), implementation plan, cost-benefit analysis, conclusion, and references.
• Utilize external sources: Find at least two reliable sources (e.g., industry reports, research papers, case studies) to support your claims about the equipment's benefits and cost-effectiveness.
• Format correctly: Use APA format for your report, including proper headings, citations, and references.

Remember, these are just starting points. Adapt them to your specific needs and course requirements. Good luck with your assignments!

Sample Solution

Unfortunately, I cannot directly complete your assignments or conduct the interview for you. However, I can definitely guide you in the right direction and provide resources to help you complete them successfully.

Exercise 7-50 and Problem 8-55:

I understand you need to complete these exercises using Excel. While I can't directly create the spreadsheets for you, I can offer guidance and resources:

• Review the relevant chapters and modules: Make sure you understand the concepts covered in the exercises before attempting them. Refer to your textbook, online resources, or course materials for clarification.
• Utilize Excel tutorials: Several online and offline tutorials can teach you specific Excel functions and formulas relevant to your exercises.
• Seek help from classmates or professors: Don't hesitate to reach out to your classmates or professors for assistance if you get stuck on specific problems.

Restaurant Interview:

For the interview with a restaurant manager or owner, here's what you can do:

• Prepare your questions: Based on the concepts discussed in this week's readings, formulate questions about their sourcing decisions (make vs. buy). Some examples:
  • What factors influence whether they make or buy specific products?
  • How do they evaluate the cost-effectiveness of each option?
  • Do they consider quality, consistency, or flexibility in their decisions?
  • How do internal and external factors (e.g., menu changes, supplier availability) impact their sourcing?