Chapter 4 Key Terms Angela Fuca Undoing - actions designed to make amends to cancel out inappropriate behavior! ! ! ! ! ! ! Active Listening - received massage is paraphrased back to the sender to verify the correct message was decoded! Time Focus - defines the period of time that is important and to which an individuals actions are directed or orientated! Bias - slant toward a particular belief! Body Language - nonverbal communication that includes unconscious body movements‚
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Instructor Assignment # 1. 1. Alex Miller‚ Inc.‚ sells car batteries to service stations for an average of $30 each. The variable cost of each battery is $20 and monthly fixed manufacturing costs total $10‚000. Other monthly fixed costs of the company total $8‚000. Required: a. What is the breakeven point in batteries? b. What is the margin of safety‚ assuming sales total $60‚000?
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Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month. Materials Price Variance measures the difference between what is paid for a given quantity of materials and what should have been paid according to the standard. (Actual Quantity x Actual Price) – (Actual Quantity x Standard Price) or AQ (AP-SP) Materials Price Variance = 12‚000 plates x ($2.50 - $2.35) = $1‚800 Materials Quantity Variance measures the difference
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Week 1 - Checkpoint My favorite place is Starbucks. So I will choose that to be the company I will write about for this assignment. Starbucks Corporation has been able to grow revenues from $11.7B to $13.3B. Most impressively‚ the company has been able to reduce the percentage of sales devoted to selling‚ general and administrative costs from 37.08% to 35.38%. This was a driver that led to a bottom line growth from $1.2B to $1.4B. The pertinent statistics for this piece are as follows. During
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complete A+ tutorial here https://bitly.com/12B1oic This archive file of ACC 206 Week 1 DQ 2 shows the solutions to the following problems: Retained Earnings and the Income Effects on Retained Earnings and the Income Statement 1. Discuss cash dividends and stock dividends. 2. How is each recorded? 3. When each is issued‚ what is the affect on assets‚ liabilities and owner Business - Accounting ACC 206 Week 1 DQ2 Apple’s Cash Flow Go to http://finance.yahoo.com. Enter in “AAPL” and
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In this file you will find overview of the work ACC 349 Week 2 Discussion Questions Discuss Question 1 What is activity-based costing? What are some of the key elements of activity-based costing? How does this method differ from a more traditional costing method? Discuss Question 2 What are value-added processes? How do you determine if a process adds value? How does identification of value-added processes help a company run more efficiently and effectively? Business
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Chapter 4 and 5 Problems Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document‚ and submit it in the appropriate week using the Assignment Submission button. Chapter 4 Exercise 3 3. Cost flows and overhead application Cleveland Metals uses a job cost system and applies factory overhead to production at a predetermined
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Page #156 4-2 1. Analyzing transactions 2. Journalizing transactions 3. Posting the journal entries 4. Preparing the unadjusted trial balance 5. Journalizing and posting adjusting entries 6. Preparing the adjusted trial balance 7. Preparing the financial statements 8. Journalizing and posting closing entries 9. Preparing the post-closing trial balance Page #159 Exe. 4-4 Account Title Debit
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GASB Article Statement No. 49 Before diving directly into the article from the Governmental Accounting Standards Board (GASB) titled Governments to Report Liabilities Connected with Their Obligations to Clean Up Pollution (2006)‚ one must first take a step back and take time to read‚ comprehend‚ and take to heart exactly what this organization stands for. Taken directly from their main web page under the tab labeled Education‚ the first thing seen in big‚ bold‚ blue letters is‚ “Due Process: The
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Throughout this week I have learned a lot more about liabilities and how to identify the major types of current liabilities. I have learned previously about currently liability and this week really gave me a fresh reminder on the two key features: A company will the debt within one year or the operating cycle (for which ever is the longest)‚ also the company is responsible expects to pay the debt from existing current assets or though the creation of other current liabilities (as mentioned in Chapter
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