the information provide overhead is calculated at the beginning of the year from an annual overhead budget of $1‚600‚000 divided by the total estimated non-partner hours of 8‚000 and apply 10% to calculate the variable costs. As calculated in Exhibit 2‚ we have determined that variable costs equal $800. Thus if Primus accepts the contract‚ they will earn an incremental profit of $69‚000. Conclusion Before accepting or rejecting the job with Northwood Industries‚ Primus has to first consider a
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To: Dr. Grace From: Ana Barrientos Date: September 16th‚ 2014 Subject: Tanglewood Planning Tanglewood’s structure has evolved into a structure that is similar to other retail stores organizational hierarchy. However‚ this appearance is deceptive because all employees at all levels of the organization are involved and encouraged to make suggestions regarding operations. This has allowed the company to retain its workforce of committed and qualified individuals. It is an important matter to accurately
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Internal controls at Lacey shop floor‚ regarding charging working hours to production/tooling works * Analytical techniques: huge increase in USSC fixed assets (molds & dies) According to ISA 500‚ the following generalizations about the reliability can be presented: * “Audit evidence is more reliable when it is obtained from independent sources outside the entity.” * “Audit evidence that is generated internally is more reliable when the related controls imposed by the entity are effective
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The Devil in Vienna’s Relevance to History My historical fiction novel is The Devil in Vienna by Doris Orgel. This book is about two young girls during the pre-holocaust era. One girl‚ Lieselotte is a Nazi while Inge is a Jew. The book represents Nazi-Jew relationships in the times leading up to the Holocaust and World War Two. The book The Devil in Vienna is very accurate historically to the pre-Holocaust era. The author of The Devil in Vienna is Doris Orgel. She was born in Vienna on February
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Title versus Possession - *V.Divya Scheme:- In the constantly changing society‚ the emergence of law has led to such a situation where the title of the property is coming in conflict with the possession. This modification in law is to protect the person in possession from being subjugated by the owner of the property (i.e.‚ title holder) by providing certain rights as well as duties imposed on both the title holder as well as the person in possession. In my project‚ I will
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EXCELSIOR UNIVERSITY JOSEPH S. SPERANZA MODULE 1 ASSIGNMENT 1 “GAAP VERSUS IFRS” ACC211/ FINANCIAL ACCOUNTING MRS. SMITH 13 JAN 13 The United States Generally Accepted Accounting Principles (U.S. GAAP) and the International Financial Reporting Standards (IFRS) are both effective ways to report financially account for one’s business assets but they have several differences. in this paper I will attempt to outline a few of the more significant differences and allow you to make up your mind
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BB0001 - Q.2 Explain the marketing concepts with its relevance in today’s marketing environment. Answer: Marketing Concepts : Studies reveal that different organisations have different perceptions of marketing. And these differing perceptions have led to the formation of different concepts of marketing such as 1. The Exchange Concept 2. The Production Concept 3. The Product Concept 4. The Selling Concept 5. The Marketing Concept 6. The Societal Marketing Concept. 1. The Exchange Concept
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This document of ECON 545 Week 7 Discussion Question 2 Forecasting contains: Let’s discuss one of the most important areas of economics‚ namely the use of leading economic indicators to forecast the future direction of the macroeconomy. What websites are helping you gain a better understanding of where the economy is heading in the next 12 months? Business - General Business Let’s discuss one of the most important areas of economics‚ namely the use of leading economic indicators to forecast
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Gabriele Jahn‚ Matthias Schramm and Achim Spiller The Reliability of Certification: Quality Labels as a Consumer Policy Tool ABSTRACT. Given the large number of certification systems in the food industry‚ it is surprising that there are only a few research approaches to the economics of certification. Certification schemes are used to ensure marketing claims for unobservable quality attributes. Under asymmetric information‚ process-oriented quality characteristics such as organic farming‚ animal welfare
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Please explain the Frye Standard. The Frye test is where in order to be admitted as evidence at trial‚ the questioned procedure‚ technique‚ or principles must be “generally accepted “ by a meaningful segment of the relevant scientific community. 2. When did this standard come into effect and why? In rejecting the scientific validity of the polygraph (lie detector) test in 1923 the Frye test came into effect. 3. Please explain when a forensic expert witness would have to attend a Daubert hearing
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