CHAPTER 9 INVENTORY COSTING AND CAPACITY ANALYSIS 9-1 No. Differences in operating income between variable costing and absorption costing are due to accounting for fixed manufacturing costs. Under variable costing only variable manufacturing costs are included as inventoriable costs. Under absorption costing both variable and fixed manufacturing costs are included as inventoriable costs. Fixed marketing and distribution costs are not accounted for differently under variable costing and absorption
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CHAPTER 1 MANAGERIAL ACCOUNTING‚ TYPES AND ETHICS. 1) Managerial Accounting: Firms internal accounting system and designed to support the information needs of managers in order to make decisions. Not bound by GAAP. a) Managerial accounting has 3 objectives: i) To provide information for planning organization actions ii) To provide information for controlling organization actions. iii) To provide information for making effective decisions. b) Reports that help mangers that are nonfinancial are:
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Study guide for Lecture Exam II Bio 202 (Heart‚ BV’s and Respiratory system) 1. The pulmonary circuit is supplied by which ‘side” of the heart? The systemic circuit? The right atrium 2. What is the functional difference between desmosomes and gap junctions? Desmosomes prevent adjacent cells from separating during contraction and gap junctions allow ions to pass from cell to cell transmitting current across the entire heart 3. What are the different effects of the PNS and SNS on heart rate?
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order to secure a loan from UIC bank. 2. The UIC bank will be concerned with their assets and liabilities which are mentioned in the balance sheet in order to calculate ROI‚ROA and the calculate debt to equity to ratio . 3. Calculating the ratio bank will be able to determine the interest rate on the loan. 4. A positive amount reported on the balance sheet determines the goodwill of the company which allows the bank to process loan on good faith terms. 2. SHOULD THE INTELLECTUAL ABILITIES BE
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Ch. 7 Pr. 1 For a population containing N=902 individuals‚ what code number would you assign for; a. The first person on the list= 001 b. The fortieth person on the list= 040 c. The last person on the list= 902 Ch. 7 Pr. 13 What additional information would you want to know about the survey before you accepted the results of the study? -Why was the study conducted? –What was the margin of error? –What was the sample size? -What sampling design was used? –What was the response rate
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Chapter 4 Homework: Correlation and Prediction Your answers should be typed. Please attach your hand written calculations on a separate sheet(s). 14. Predicted VO2 = 30 +1 × (X)‚ where X is the time in minutes to complete a 1.5-mile run and the SEE is 5 ml/kg/min. VO2= 30+1(8) VO2=38 If John runs the 1.5-mile run in 8 minutes‚ what is his predicted VO2? 22‚ Define the terms positive correlation and negative correlation. What is the difference? Give an example of each. Positive
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Chapter 1 – Introduction to Financial Accounting Learning Objectives: After studying Chapter 1‚ you should be able to * Discuss the different classifications of financial transactions * Define an equity investor and a debt investor and understand the difference * Discuss the role of the Securities and Exchange Commission * Name the Big Four accounting firms and define the term “independent auditor” * Define corporate governance * Discuss GAAP and IFRS and the concept of
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Homework email for the entire course of GE 184 Homework Assignments—To be turned in Unit 2 Writing Assignment 2: Read pages 21 and 22 in the Problem Solving book about paradigm shifts. Write a paragraph explaining what a paradigm shift is and why it is important for both individuals and businesses to stay informed about new discoveries. Exercise 2.2: Dive into Decimals Going for Gold The following chart summarizes the scores in
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Chapter 2: Aid for investment -What is the financing gap? Gap between required investment and domestic saving -Explain the Harold-Domar approach and its failings? GDP growth will be proportional to the share of investment spending in GDP. Its failings are that this model applied more to the short-run business cycle in rich countries. Also‚ he was writing in the aftermath of the Great Depression‚ thus taking high unemployment as given. -True or False. There is no relationship between aid and
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basic) 141‚000 are expected to remain unchanged next month. Property tax on building 194‚000 Calculate unit cost and total cost if 21‚000 units Total Fixed Costs 1‚542‚000 are produced next month. Total Cost for 21‚000 units 6‚335‚600 2/ The Dollar Store’s cost structure is dominated by variable costs with a contribution margin ratio of 0.45 and fixed costs of $119‚700. Every cost structure of a competitor‚ One-Mart‚ is dominated by fixed costs . with a higher contribution
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