In this pack of ACCT 212 Final Exam you will find the next information: 1. (TCO 3) At the end of the period it is necessary to close all temporary accounts. (1) Explain why this process is required (10 points) and (2) provide an example of the closing of an expense account‚ Supplies Expense in the form of a journal entry. 2. (TCO 2) As required to complete Course Project 1‚ one must follow the cycle that includes 10 steps to complete the accounting cycle. (1) Explain how to construct
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ACCT 346 Final Exam CLICK TO DOWNLOAD ANSWERS Page 1 1. (TCO 1) A difference between actual costs and planned costs 2. (TCO 1) Which of the following is not likely to be a fixed cost? 3. (TCO 2) Which of the following is not a manufacturing cost? 4. (TCO 2) A job-order costing system is likely used by a 5. (TCO 3) Equivalent units are calculated by 6. (TCO 3) The Freedom Corporation’s painting department had a beginning inventory of 580 units‚ which had direct material costs of $22‚715
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Case 9-30 1. a. Sales budget: April May June Quarter Budgeted unit sales ..... 65‚000 100‚000 50‚000 215‚000 Selling price per unit .... × $10 × $10 × $10 × $10 Total sales ................... $650‚000 $1‚000‚000 $500‚000 $2‚150‚000 b. Schedule of expected cash collections: February sales (10%)... $ 26‚000 $ 26‚000 March sales (70%‚ 10%) ............. 280‚000 $ 40‚000 320‚000 April sales (20%‚ 70%‚ 10%) .... 130‚000 455‚000 $ 65‚000 650‚000 May sales (20%‚ 70%)
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Executive summary: Whale fishing‚ also known as whaling‚ is a traditional fishing activity which existing thousands of years in the world. Fisherman fishing whales‚ sell of whale meat and oil to make money. With the development of modern fishing technology‚ industrial fishing gradually replaces a large number of private fishing activities‚ which made whaling easier and more efficient. Greenpeace International’s data showed “Commercial whaling during the last century decimated most of the world’s
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Ronice M. Bruce Week 3_Course Project A - CASE STUDY ACCT 505- Prof Main January 26‚ 2013 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 factor (percentage of seats filled) 70% Average full passenger fare $160 Average variable cost per passenger $70 Fixed operating cost per month $3‚150‚000 a. What is the break-even point in passengers and revenues
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How to conduct an efficient and effective internal audit ACCT 601 ACCOUNTING CAPESTONE Tina Johnson Table of Contents I. Executive Summary II. Introduction III. Review of Literature IV. Analysis V. Recommendations VI. Summary and Conclusions VII. References I Executive Summary There were numerous data sources‚ majority web publishing‚ which consist of articles directly from accounting journals and article written by other Accounting professional
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PRINCIPLES OF STATISTICS Final Project You are required to complete a final project. Please consult the Course Calendar for the due date. PROJECT DESCRIPTION Statistics is about more than calculations. It is about turning data into information and using this information to understand the population. A statistician will be asked to help solve real-world problems by designing a study‚ collecting data‚ analyzing the data‚ and writing up the results. As a final project‚ you will be asked to
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COMM 1001 Final Project Description For this course you will be completing a 2-part final project. The first part is a Personal Skills Inventory Worksheet that you will complete. The second part is an essay about your communication skills‚ your strengths and weaknesses and how you plan to improve on them in the future. The weekly readings and assignments from this term can help you to identify information you can use to complete your Personal Skills Inventory Worksheet as well as identify specific
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Running Head: Information Technology Final Project 1 Final Project GeekGuru‚ Inc. Research Report Sumaa Faizy Thomas Edison State College GeekGuru‚ Inc. Research Faizy 2 GeekGuru‚ Inc. is a new company that was established in 2012 specializing in mobile applications and consulting services. GeekGuru‚ Inc. provides remote services for trouble shooting and training clients to effectively use Windows and Apple products. The company
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MAR-301: INTRODUCTION TO MARKETING Final Project—Marketing Plan DESCRIPTION Introduction to Marketing requires you to submit at the end of the semester a Final Project in the form of a marketing plan for Blue Mountain Spring Water‚ Inc. You will complete your work on the plan incrementally in steps throughout the semester. See the Course Calendar for due dates for each step and for submitting the Final Project to your mentor. When working on your marketing plan‚ use the Three Year Marketing
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