ACC 307: Cost Accounting Winter 2013 Practice Problems Chapter 8 Problem 1: Different management levels in Bates‚ Inc.‚ require varying degrees of managerial accounting information. Because of the need to comply with the managers’ requests‚ four different variances for manufacturing overhead are computed each month. The information for the September overhead expenditures is as follows: Budgeted output units 3‚200 units Budgeted fixed manufacturing overhead $20‚000 Budgeted
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Unit 201 – Manage own performance in a business environment Introduction This unit is about managing and being accountable for your own work. What key guidelines‚ procedures and codes of practice are relevant to your work? (1.1) Guidelines‚ procedures and codes of practice that relate to my work are very important as each of them gives me critical information on how to perform my job effectively and safely. Failing to follow these could potentially hurt myself‚ others or even more cause problems
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Jethiga Mathiyalagan UNIT 201 Child and young person development 1.1 Know the main stages of children and young person development A. Physical development B. Communication and intellectual development C. Social‚ emotional and behavioural development Birth to 3yrs old Control their muscles and movements Motor control develops from the head‚ moves down through the arms and the trunk and then to the legs and feet. A baby can turns its head from side to side when lying on the back or belly
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Module 1‚ Lesson 2 Guided Notes Essential Standards Addressed: 2.1.1 (partial); 2.1.5 (partial) ● Slide 2 : What is matter‚ and what are some examples of matter? Matter is anything that has mass and takes up space. Some examples of matter would be water‚ air‚ and nitrogen! ● Slide 3: What are the three states of matter that are important in Chemistry? What are the major characteristics of solids? The three states of matter that are important in chemistry are solid‚ liquid‚ and gas
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ACC 307: Cost Accounting Fall 2012 Practice Exam II I. TRUE / FALSE 1. A budget generally includes both financial and nonfinancial aspects of the plan. 2. The revenues budget should be based on the production budget. 3. A favorable variance should be ignored by management. 4. The direct manufacturing labor price variance is likely to be unfavorable if lower-skilled workers are put on a job. 5. For fixed overhead costs‚ the flexible-budget amount is always the same as the
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Definition of Gross Income‚ Taxable Income‚ and Net Income Gross income refers to all income but not excluding exempt income and subject to final income tax. Example of gross income include: salaries and wages‚ commission‚ sale of and other dealings in property‚ rents‚ dividends‚ and securities. Exclusion from gross income or those incomes that are exempted from tax include: life insurance proceeds paid to beneficiaries upon the death of the insured; compensation for injuries or sickness‚ retirement
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has to become more and more important because everyone needs to understand how his/her team connects to the big picture of what we’re trying to accomplish. And that how this value influence a lot on the employees work. 2) Using this list of corporate values and Exhibit 2-4 describe Zappos’ organizational culture. In which areas would you say that zappos’ culture is very high (or typical)?
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Biltrite Practice Case Module III: Control Testing – Sales Processing 1. The sampling plan in the design of controls does not provide tests about revenues and accounts receivables. The weakness that I could see is the fact that goods that were delivered to customers were not billed which result in bill of lading not being pre-numbered. Because of this‚ bills of lading do not count as an effective sampling unit. For a successful audit‚ auditors need to evaluate orders randomly and check to see
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perpendicular when graphed. 3x-2y=6 -2y = 6 - 3x y = 3x - 3 2 2x+3y=6 3y = 6 - 2x y = - 2x + 2 3 The two lines intercept and they are perpendicular when graphed. 2. Alice’s Restaurant has a total of 205 seats. The number of seats in the non-smoking section is 73 more than twice the number of seats in the smoking section. How many seats are in each section? x + y = 205 ; x = 2y + 73 2y + 73 + y = 205 x = 2(44) + 73 3y + 73 = 205 x = 88 + 73 = 161 3y = 132 y = 44
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Type A/B Personality test‚ and I also took Eysenck’s Test. Based on the results‚ I have come to the conclusion that the two aforementioned personality tests are fairly consistent with who I am. The first personality test I took came from Module 2: the Type A/B Personality Test. After answering the twenty questions‚ my score was 242 which scored high for Type A personality. I was not shocked when I read the results since I know that I can be uptight‚ worrisome‚ and orderly. For instance
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