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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Chapter 8: Salts 1. Salts A salt is an ionic compound. The anion part comes from the acid while the cation part comes from a base. Example: KCl‚ KOH(aq) + HCl(aq) KCl(aq) + H2O(l) A salt is a compound formed when the hydrogen ion. H+ from an acid is replaced by a metal ion or an ammonium ion‚ NH4+. Salts Nitrate salts Carbonate salts Chloride salts Soluble All nitrate salts Potassium carbonate‚ K2CO3 Ammonium carbonate‚ (NH4)2CO3 Sodium carbonate‚ Na2CO3 All chloride salts Except Sulphate salts
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Chapter 4 Managing Marketing Information Marketing Information and customer insights Customer Insights- Fresh understanding of customers and the marketplace derived from marketing information that become the basis for creating customer value and relationship Customer themselves usually can’t tell you exactly what they need and why they buy. They don’t need more information‚ they need better information. Customer controlled- the idea is not to give customers everything they request‚ Rather it’s
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September 24‚ 2014 Retirement Planning Notes Chapter 4: Qualified Pension Plans Terms to understand: Plan sponsor- the company who decides what type of plan they want to have and the rules they want to have Plan document- outlines the rules of the plan‚ if a rule isn’t in the plan document‚ they cannot do it! Custodian- where the assets are actually held in the plan Benefit of the plan- the goal of the plan Actuary- someone who’s profession it is to work with these plans and determine
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Shayna Purcell Professors Karla Williams and Scott Gilbreth Source Selection and Administration of Service Contracts CON 280 18-043 6 July 2015 Government-Furnished Property (GFP) As a Contract Administrator my job actually deals with government-furnished property often. The definition as used by the FAR is “property in the possession of‚ or directly acquired by‚ the Government and subsequently furnished to the contractor for performance of a contract. Government-furnished property includes
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A Guide to MySQL Chapter 4 Premiere S3 Written Assignment 1. List the part number‚ description‚ and price for all parts SELECT PART_NUM‚ DESCRIPTION‚PRICE FROM premiere.part; PART_NUM DESCRIPTION PRICE AT94 Iron 24.95 BV06 Home Gym 794.95 CD52 Microwave Oven 165.00 DL71 Cordless Drill 129.95 DR93 Gas Range 495.00 DW11 Washer 399.99 FD21 Stand Mixer 159.95 KL62 Dryer 349.95 KT03 Dishwasher 595.00 KV29 Treadmill 1390.00 2. List all rows and columns for
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during May was: A) $50‚000. B) $40‚000. C) $53‚000. D) $42‚400. 2. The cost of the work in process inventory in the Forming Department at the end of May was: A) $7‚600. B) $10‚000. C) $2‚500. D) $4‚000. Use the following to answer questions 3-4: The following data relate to the Blending Department of Tru-Color Paint Company for a recent month: Number Percent Complete of Units Conversion Costs Beginning work in process inventory 9‚000 60% Units started into production 45‚000 - Units completed
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social situations. Arguing is part of most conversations so being able to prove a point and convince others of ideas is a skill categorizes successful and unsuccessful people. I: “There are a great many ways to respond to others’ ideas‚ but this chapter concentrates on the three most common and recognizable ways: agreeing‚ disagreeing‚ or some combination of both”(56). The authors are expressing the different ways people can argue and idea. They can agree with the situation and add their own
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Ch. 8: Comprehensive Questions: Analytical procedures ( 8-15 and 8-16) Ch. 10: Comprehensive Questions: Components of internal control (10-31 and 10-32) Ch. 11: Comprehensive Questions: Assessing control risk (11-21) 8-15 | (Analytical procedures) In audit planning the audit of Construction Industry Resources‚ Inc.‚ a building supply company. You have completed analytic procedures relevant to purchases and inventory. The results of these procedures are included in Figure 8
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In this document ACC 561 Assignment Week 4 Costing Methods Paper there is a review of the following parts: Strategy ABC Installation Cost System Conclusion Business - Accounting Resource: Accounting Read BYP17-5‚ titled Communication Activity‚ in the Ch. 17 “Broadening Your Perspective” section of Accounting . Write a paper of no more than 700 words addressing the following questions: · What strategies did the management of Super Bakery‚ Inc. use? · Why did Super
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