Accounting 311 Company Project Part 1 – Company Survey 1. Industry of company surveyed: General Electric 2. Type of Managerial Accounting Used: Job Order Process Costing Other: Explain 3. List 3-5 of the most significant direct Materials from a cost basis: Chemicals spare parts Filter Membrane Rental Trails and Trucks 4. List 3-5 of the most significant direct Labor elements from a cost basis {list skill level – e.g. journeyman mechanic‚ apprentice painter
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Case study II – Internal control Managerial Accounting and Finance – ACCT 504 Keller Graduate School of Management May 2013 Session Date of June 11‚ 2013 Table of Contents Introduction 1 Internal control rules and regulations requirements before going public 1 THE BAD – Things that the company does poorly 2 Recommendations to the President 4 Conclusion 6 Bibliography 7 Case study II – Internal control Introduction Internal control refers to methods‚ techniques and measures
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Question 1 4 out of 4 points | | | Federal funds must be used only for activities that are within the scope of the grant would be a(n)Answer | | | | | Selected Answer: | allowable activity | Correct Answer: | allowable activity | | | | | Question 2 0 out of 4 points | | | In reporting the results of a performance audit‚ it is appropriate for the auditors toAnswer | | | | | | | Correct Answer: | all of the above. | | | | | Question 3 4
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Intermediate Accounting Accounting Cycle Project You have been engaged to perform accounting services for Herman and Sons’ Law Offices. Your responsibilities include maintaining all accounting records and preparing annual financial statements. Herman and Sons’ opened on January 1‚ 2015. During the year‚ the firm had the following transactions: 1. January 2: The owners invested $200‚000 into the business and acquired 25‚000 shares of capital stock in return. 2. January 15: Herman and Sons’ took
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A Acct 505 Case Study 1 Springfield express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: |Number of seats per passenger train car | |90 | |Average load factory (percentage of seats filled) |70% | |Average full passenger fare | | |$160 | |Average variable cost per passenger
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1. Dorra Corporation manufactures lawnmowers in five work stations. Dorra’s weekly demand is 5‚000 mowers but Dorra can only produce 4‚200. According to the theory of constraints‚ to increase production output Dorra would benefit the most by concentrating improvement efforts on the: A. first work station. B. last work station. C. largest work station. D. slowest work station. 2. Managerial accounting is applicable to A. service entities. B. manufacturing entities. C. not-for-profit entities. D
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How Does Shakespeare Use Language to Create Prospero’s character in Act 1 Scene 2? The Tempest is one of Shakespeare’s most famous plays. It was written in 1610 and it is also his last play. One of the main characters in the ‘Tempest’ is Prospero‚ an old wizard. The play opens with a mighty Tempest strikes the ship when Alonso the King of Naples‚ Ferdinand the prince of Naples‚ Sebastian Alonso’s brother and the current duke of Milan‚ Prospero’s brother Antonio along with Trinculo who
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Chapter 9: E9-6‚ E9-11‚ P9-1A‚ P9-5A E9-6 SY Telc has recently started the manufacture of RecRobo‚ a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a mobile phone. The cost structure to manufacture 20‚000 RecRobo’s is as follows. | Cost | Direct materials ($40 per robot) | $ 800‚000 | Direct labor ($30 per robot) | 600‚000 | Variable overhead ($6 per robot) | 120‚000 | Allocated fixed overhead ($25 per robot) | 500
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ACCT 346 Student Name Use the information provided below to prepare the Cost of Good Manufactured Schedule:Bravo had the following costs as of Green shaded cells. Table C Materials used in baking bread Bakers wages Rent for Executive Offices Sales Commissions Utilities used in the factory Advertising costs Delivery truck costs Depreciation on bake ovens Interest on bank loan Beginning Inventory Materials Beginning Work in Process Ending Inventory Materials Inventory Purchases
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Student View Student ID Class Cumulative GPA Residence Visa AH540792 as of 09/04/2012 at 23:49 Weppler‚ Brandie D01676675 Graduate 0.00 Domestic Level Campus Degree Program Concentration College Previous Degree Graduate Online Master of Acct and Finan Mgmt Acctg & Fin Mgmt MAFM_US Certified Public Accountant Keller Graduate School of Mgmt *Estimated Degree Progress* Requirements 9% The Degree Progress Bar is not a percentage of credits completed. The Degree Progress Bar is an indication
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