To: From: Subject: Case S2-1 assignment Date: Memo I watched How It’s Made and chose to tell you about artificial limbs. Job order costing is appropriate to use since artificial limbs are specially made for certain people of all different shapes‚ sizes and colors so each limb is unique. This company would need a cost system because there are many different steps needed to create the limb. A manager would need to decide how much each individual person who spent time making the limb would
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Chapter 2 Discussion Questions 1. What is the meaning of cost behavior and how does the variable cost behave differently than fixed cost (per unit & total)? Cost behavior is the change of cost relative to change in some extent of activity. The total fixed cost remains constant regardless of change in the volume of activity. However‚ the fixed cost per unit is inversely related to the change in the volume of activity. As the change in the volume of activity increases‚ the fixed cost per unit
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Individual Assignment 30% (40 marks) Question Spears Limited is engaged in manufacturing of special component (KWQ 12) be used in for calculators. As a step towards reducing uncertainty over the finance needs of the new business‚ the finance manager has asked you to prepare a cash budget for Spears Ltd for the nine (9) months period from 1 January 2014 till 30 September 2014. You have collected some raw data from the concerned department heads and tabulated them as follows: a)
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5 PROBLEM 28. Y‚ an S corporation formed at the beginning of the year‚ has the following information in its first year: Gross Income from services $100‚000 Net short-term capital loss (2‚200) Salary paid to F (10‚000) Medical insurance premium for F (300) Other operating expenses (54‚000) Cash distributions to F 5‚000 F‚ a 50 percent owner of Y‚ is single and has no other tax information. F’s A.G.I. is a. $21‚900 b. $26‚750 c. $26‚900 d. $35‚700 e. Some other amount‚ which is $_________
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accounting standards accounting standards Introduction to Accounting Standards Accounting is the art of recording transactions in the best manner possible. Accounting Standards are the policy documents issued by recognized expert accountancy bodies relating to various aspects of measurement‚ treatment and disclosure of accounting transactions and events. Every country has its own standards. Accounting Standards in India are issued by the Institute of Chartered Accountants of India (ICAI)
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Practicing Accountants and the Academia By Abubakar Salisu B. Sc‚ M.Sc‚ MBA‚ ACA‚ AMNIM Lecturer‚ Department of Accounting‚ Ahmadu Bello University‚ Zaria. ABSTRACT The Nigerian environment of accountancy profession has found it difficult to bring together accountants in the academics and in practice for the advancement of the profession. Whereas the accountants in practice are viewed as the real professional accountants; accountants in the academics are mostly considered as the providers
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Wells Wood 1A English Honors 3 November 30‚ 2017 The Crucible “Arthur Miller.” Biography.com‚ A&E Networks Television‚ 22 Mar. 2017 www.biogrophy.com/people/Arthur-Miller-9408335 The author of this article‚ Arthur Miller who was born in Harlem‚ New York. During the year 1915‚ Arthur attended the University of Michigan. Arthur Miller moved back east to write plays such as “Death Of A Salesman” and “The Crucible”. In 1949 Arthur Miller won the Pulitzer prize and a few Tony awards. He married the
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Megan Jones English III AP DC Cy Woods Mr. Barckholtz December 2‚ 2012 Arthur Miller Research Essay Arthur Miller was an American playwright who wrote plays such as “The Crucible” and “Death of a Salesman” because he thought theatre could change the world. He wrote his works based on friends‚ his own life‚ and family. People believed he was a man of integrity and a hero because of the ways he portrayed himself. He was born in 1915 in Harlem‚ New York and raised in a very wealthy
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Accounting Theory There is always a reason behind each and every action of a human being. A man does not anything without any sound reason. Regarding Finance‚ or financial matters‚ a man is always extra cautious and so‚ he never makes any financial transaction without any reason. As accounting deals with financial transactions‚ so every accounting work is also based on reasoning. Accounting Theories always try to explain with reason‚ the logic underlying a particular practice. Generally Accepted
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King Arthur: A Beloved Hero Heroes to fairytales‚ stories‚ or novels serve as the literary ‘cherry on top’ of an enticing plot. The word “hero” comes from the Greek “heroes” literally meaning “protector” or “defender”. The story of a small character that later develops into a strong-willed hero doing the greater good for society is what warms the hearts of many readers‚ and the journey itself keeps those readers attracted. One could say heroes practice the
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