------------------------------------------------- Subject: Managerial Accounting Case 1 Seligram In the Seligram case‚ the existing cost accounting system measured two components of cost: direct labor and burden. All burden cost‚ which is the overhead‚ was grouped into a single cost pool and was calculated only by using a burden rate per direct labor dollar. This may cause problems since direct labor and overhead are not consumed by the products in the same proportion. Simply using the same burden
Premium Cost accounting Cost Costs
Problem #1‚ Chapter 20 1. Firm A has $10‚000 in assets entirely financed with equity. Firm B also has $10‚000 in assets‚ but these assets are financed by $5‚000 in debt (with a 10 percent rate of interest) and $5‚000 in equity. Both firms sell 10‚000 units of output at $2.50 per unit. The variable costs of production are $1‚ and fixed production costs are $12‚000. (To ease the calculation‚ assume no income tax.) a. What is the operating income (EBIT) for both firms? Units sold*price per unit
Premium Costs Variable cost Cost
Governmental Acct. Chapter 1 Homework 1-1) What justifies the different accounting & financial reporting practices of gvmt. & not-for-profit organizations as compared with business organizations? The fact that governments may have a monopoly on the services that they provide and the taxpayers must provide resources to them regardless of what they are‚ and efficiency is hard to measure as well as the quantity or quality of the services. 1-2) Describe the principal differences that distinguish
Premium Financial statements Income statement
stories of severe police brutality‚ it is clear that the efforts to stop this are not effective. Protecting people is a civil duty of all police officers‚ but is not always carried out. This use of excessive force by many police officers has become a problem over the past few years and should be stopped. Some people believe the police are trying their best to do what they can in order to protect others in our society. While this might be true‚ others believe police officers sometimes use excessive force
Premium Police Police brutality Police officer
Throughout this assessment‚ we are going to survey the different adjustments the current freshmen in AUP are going through. We’re going to survey what are the problems that they would face upon entering college and how they would pass through it and overcome those problems. Theoretical Framework As a guide in assessing the problems met by freshmen students in AUP‚ our study used the “Tinto’s Theory of Freshmen Development” (1987). According to Tinto’s theory‚ there are three stages in freshmen
Premium High school Future Middle school
ACCT 2410 QUIZ 1 Chapters 11 - 14 MASTER – V1 & V2 Name: __________________________ Student #:_________________ PLEASE PRINT When you are finished please hand in your quiz at the front and QUIETLY leave the room. Class will resume at 2:00//8:00 at which time we will review the solutions to the quiz and spend the balance of the time on a student directed review session. Materials allowed–normal writing materials and approved non–programmable calculators that do not
Premium Corporate finance Balance sheet Generally Accepted Accounting Principles
References: Brianna‚ S (2013). Retrieved August 30‚ 2013 from: Lambing Pegy A and Kuchl‚ Charles R. (2007). Entrepreneurship (4th Edition). Upper Saddle River‚ New Jersey: Prentice-Hall Retrieved September 1‚ 2013 Pamham‚ M.‚ J (2004) Viagra A Chronology‚ Viagra MD. Retrieved September 1‚ 2013 from: http://www.about=ed.com/viagra-history
Premium Erectile dysfunction Clinical trial
Assignment 1 Review of Accounting Ethics Strayer University Financial Accounting ACC 557 May 1‚ 2013 Assignment 1 Review of Accounting Ethics Imagine trusting your hard-earned money like your retirement savings to a financial adviser or Certified Public Accountants (CPA) only to lose it all in a fraudulent Ponzi scheme. In today’s world of business many organizations‚ financial planners and accountants are in the news due to the financial ethical breaches that have affected their customers
Premium Bernard Madoff Ponzi scheme
E1-1 Urlacher Company performs the following accounting tasks during the year. Communicates__Analyzing and interpreting information. Records__Classifying economic events. Communicates__Explaining uses‚ meaning‚ and limitations of data. Records__Keeping a systematic chronological diary of events. Records__Measuring events in dollars and cents. Communicates__Preparing accounting reports. Communicates__Reporting information in a standard format. Identifies Identifies_Selecting economic activities
Premium Management Business Finance
When asked what I do when I am at work I often have a problem just laying my finger on particular nursing things. When you say “I give out medicines‚ I start IVs‚ I make sure my patient’s are comfortable‚ etc.” It is almost like people are disappointed and confused why I am so tired when I get off work. People do not understand that I am a patient advocate‚ I hold hands that are scared‚ I have mastered keeping a baby asleep while I do an assessment‚ I take stress away from parents‚ I listen‚ I watch
Premium Nursing Nurse Florence Nightingale