fffffffffffffffffCOURSE SYLLABUS Spring 2013 Frank Stearns Riverside Community College Spring 2013 MANAGERIAL ACCOUNTING - 1B COURSE SYLLABUS MANAGERIAL ACCOUNTING - 1B Table of Contents General Information 3 1.1 Contact Information and Communications 3 1.2 Course Description 3 1.3 Learning Outcomes 3 Identification of Course/Reading Materials 3 2.1 Text and Materials 3 2.2 Internet Access 4 2.4 Web-CT / Open Campus 5 2.5 Log on Instructions 5 Course Requirements
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Chapter 5: Cost Behavior: Analysis and Use As we shall see in later chapters‚ the ability to predict how costs respond to changes in activity is critical for making decisions‚ controlling operations‚ and evaluating performance. Three major classifications of costs were discussed in this chapter—variable‚ fixed‚ and mixed. Mixed costs consist of variable and fixed elements and can be expressed in equation form as Y = a + bX‚ where X is the activity‚ Y is the cost‚ a is the fixed cost element‚ and
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Assigment No.1 1.“Enlightenment means taking full responsibility for your life.” Enlightenment means learning. Responsibility means the ability to act or decide on one’s own‚ without supervision. To go over‚ the main point with the statement above tells us that “Learning every aspect of your life is achieved by deciding things on your own.” A self-growth directed person is a person who knows how to choose between two things and solve problems or situations based on his own understanding. A self-growth
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Accounting 3 & 4 Exercises Set # 1 Lee E. 1. Fred has owned and operated a sole proprietorship for several years. On January 1‚ he decides to terminate this business and become a partner in the firm Sears and Roebucks. Fred’s investment in the partnership consists of P12‚000 in cash‚ and the following assets of the proprietorship: accounts receivable P14‚000 less allowance for doubtful accounts of P2‚000‚ and equipment P20‚000 less accumulated depreciation of P4‚000. It is agreed that the allowance
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Manager’s Basic Tools Used for Making Financial Decisions Willie A. McCall Principles of Finance – Writing Assignment 1 Professor Eleanor Cook 30 January 2011 Manager’s Basic Tools Used for Making Financial Decisions Explain why market prices are useful to a financial manager. A competitive market is one which a good can be bought and sold at the same price. We can use prices from competitive markets to determine the cash value of a good. Whenever a good trades in a competitive market
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PERCEPTION AND INDIVIDUAL DECISION MAKING. An employee does an unsatisfactory job on an assigned project. Explain the attribution process that this person’s manager will use to form judgments about this employee’s job performance. Abstract Individuals behave in a given manner based not on the way their external environment actually is but‚ rather‚ on what they see or believe it to be. An organization may spend millions of dollars to create a pleasant work environment for its employees. However
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OPPORTUNITY COST AND RELEVANT COST: A TOOL FOR EFFECTIVE BUSINESS DECISION MAKING BY IWUCHUKWU UCHENNA IWUAKU O9AA08549 ACCOUNTING 300L LECTURER: MRS OBIGBEMI INTRODUCTION The role of opportunity cost and relevant cost cannot be overemphasized in the making effective decision making. They work hand in hand in making sure that the company makes the best economic decision‚ they are both used in making managerial decisions at every level of planning and decision making. To buttress my point I would
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COMMUNITY COLLEGE BIRMINGHAM EDEXCEL LEVEL 7 BTEC PROFESSIONAL HIGHER NATIONAL IN BUSINESS UNIT TITLE: UNIT 13 COURSE TITLE: MANAGING FINANCIAL PRINCIPLES AND TECHNIQUES NAME OF CANDIDATE: DATE ASSIGNMENT IS DUE: 20th November 2012 TUTOR: S. M. Azeem Please‚ ensure you sign the statement of authentication and follow the notes given at the end of the assignment PREAMBLE
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Cost Accounting‚ 14e‚ Global Edition (Horngren/Datar/Rajan) Chapter 12 Pricing Decisions and Cost Management Objective 12.1 1) Companies should only produce and sell units as long as: A) there is customer demand for the product B) the competition allows it C) the revenue from an additional unit exceeds the cost of producing it D) there is a generous supply of low-cost direct materials Answer: C Diff: 2 Terms: target price Objective: 1 AACSB: Ethical reasoning 2) Too high a price may: A)
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Financial Accounting‚ Valix and Peralata Problem 8-22 West Co. started its business on January 1‚ 2007. After considering the collection experience of other companies in the industry‚ West established an ADA at 5% of credit sales. Outstanding A/R for the end of 2007 totalled 115‚000‚ while the ADA had a credit balance of 12‚500 after recording bad debt expense for December and writing off 2‚500 worth of uncollectible accounts. Further analysis of the company’s accounts showed that merchandise
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