This work comprises ACC 201 Week 3 Assignment GAAP Ethics Business - Accounting Read ATC 6-5 of Chapter 6 and answer part a. Additionally‚ given what you have learned about financial accounting so far‚ think of as many ways that you could “adjust” the financial records to make your company look better yet still follow GAAP and ethical guidelines. (Hint: think of the choices that can be used in the various accounting methods you have learned: i.e.‚ inventory valuation methods.) When
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Question 1: 1. Activity-cost-driver rate for packing: ‚950hours)) = 157.89/ hr 2. ABC system for sugar cookie A. Estimated overhead cost per 1000 cookies Oven costs: ‚)) x 1 = $110.53 Packing costs: 157.89 x 0.5 = $78.95 ? Total overhead costs: $189.48 B. Estimated operating profit for cookies Selling price: $0.75 x 1‚000 = $750 Less Direct material costs: $0.15 x 1000 = ($150)
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This pack of ACC 201 consists: Week 1 Chapter 1 and 2 Practice Exercises.doc Week 1 Memo to Blair.doc Week 2 Assignment FASB Paper.doc Week 2 Chapter 3 Problems.doc Week 2 Chapter 4 Problems.doc Week 2 Chapter 4 Problems.doc Week 2 DQ1 Fraud.doc Week 2 DQ2 Debit Credit.doc Week 3 Assignment GAAP Ethics.doc Week 3 Chapter 5 Problems.doc Week 3 Chapter 6 Problems.doc Week 3 DQ1 Credit Sales and Collections
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CLICK TO DOWNLOAD ACC 201 Principles of Financial Accounting Week 1 Chapter 1 and 2 Practice Exercises: 1-2‚ 1-4‚ 1-9‚ 1-12‚ 1-18‚ 2-1‚ 2-3‚ 2-19‚ 2-22‚ 2-25. Memo to Blair Complete the writing assignment‚ ATC 1-4 from Chapter 1 and submit to your instructor. Week 2 Discussion 1: Fraud Discuss in general the ethical issues when employees are tempted to defraud their employer or when companies defraud the public. What sort of situations can lead to this behavior? What are the costs of
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ALL ABOUT YOU ACTIVITY BYP19-7 Many of you will someday own your own business. One rapidly growing opportunity is no-frills workout centers. Such centers attract customers who want to take advantage of state-of-the-art fitness equipment but do not need the other amenities of full-service health clubs. One way to own your own fitness business is to buy a franchise. Snap Fitness is a Minnesota-based business that offers franchise opportunities. For a very low monthly fee ($26‚ without an annual contract)
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Affect only income statement accounts Affect only balance sheet accounts Affect both income statement and balance sheet accounts Affect only cash flow statement accounts Affect only equity accounts 5. A post-closing trial balance reports: (Points : 1) All ledger accounts with balances‚ none of which can be temporary accounts All ledger accounts with balances‚ none of which can be permanent accounts All ledger accounts with
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Job Design Job design may be referred as a way in which an entire job or a set of tasks is organized. Job design helps in determining the tasks and the way they are completed. It considers the factors that influence the work and arrange the job contents and tasks so that the job becomes less risky to the employee’s life. The administrative areas involved in it are job rotation‚ job enlargement‚ task/machine pacing‚ work breaks and working hours (Gupta‚ 2007). A soundly designed job encourages a
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What happens to the difference between ATC and AVC as a firm’s output expands. Explain. The difference narrows. ATC is the sum of AVC and AFC.. Since AFC declines steadily as output rises‚ the difference between ATC and AVC must narrow steadily. How would you distinguish between the short run and the long run? In the short run there are fixed costs; in the long run there are no fixed costs. What are economies of scale? Please give an example. What are diseconomies of scale? Please give
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Financial Management (50 marks) Paper 4: Taxation Part I: Income-tax (50 marks) Part II: Service Tax (25 marks) and VAT (25 marks) The level of knowledge expected of students in the above subjects is ‘working knowledge’. ACCOUNTING TECHNICIAN COURSE (ATC) OR GROUP I OF INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC) Syllabus Paper 1: Accounting (One paper – three hours – 100 marks) Level of Knowledge: Working Knowledge Objectives: (a) (b) (c) (d) To lay a foundation for the preparation and presentation
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ACCT 201 Case Study: APPLE Inc. [pic] Based on Apples 10K for YE 9/25/2010 April 10‚ 2011 Constantino Anezinos 1) With our 10k final case study project we will be looking at the 10k financial filing of Apple Inc. Based on the 10k we read; we will apply the concepts learned in this class to form a thorough analysis of the financial statement. In a manner that will show we comprehend the ideas taught in this class. As referenced from Wikipedia;
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