typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] compaq [Type the company name] [Pick the date] Contents Concept of Cost Accounting……………………………………………………………………03 Introduction……………………………………………………………………………………..03 Traditional costing v/s activity based costing…………………………………………………..04 Need for an Activity Based Costing……………………………………………………………06 Stages in Activity Based Costing……………………………………………………………
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Historical cost accounting Advantages • Historical cost accounts are straightforward to produce • Historical cost accounts do not record gains until they are realized • Historical cost accounts are still used in most accounting systems Disadvantages • Historical cost accounts give no indication of current values of the assets of a business • Historical cost accounts do not record the opportunity costs of the use of older assets‚ particularly property which may be recorded at a value based
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decrease in productivity in the overall staff. At Chipotle‚ we must pride ourselves in being the fastest and most effective company around. In an effort to increase productivity and maintain 100% customer satisfaction‚ I suggest that all employees that were hired before April 10th‚ 2016‚ should undergo mandatory Productivity and Efficiency Reform Training. We understand that the orientation can be overwhelming and fast-paced for our newer employees. Chipotle wants to make sure that all of us attain the
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Chapter 1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements
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Prime Cost YES.....Conversion Cost NO. Prime Cost YES.....Conversion Cost YES. Prime Cost NO....Conversion Cost NO. Prime Cost NO.....Conversion Cost YES. | 2. (TCO A) The costs of staffing and operating the accounting department at Central Hospital would be considered by the Department of Surgery to be (Points : 6) | direct costs. sunk costs. incremental costs. None of the above | 3. (TCO A) The cost of lubricants
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155. 5 AP 157. 5 AP a159. 9 AP sg This question also appears in the Study Guide. st This question also appears in a self-test at the student companion website. a This question covers a topic in an appendix to the chapter. 25 - 2 Test Bank for Accounting Principles‚ Eighth Edition SUMMARY OF QUESTIONS BY STUDY OBJECTIVES AND BLOOM’S TAXONOMY
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following would not tend to make a manufacturer choose a perpetual inventory system? A. Management wants information about quantities of specific products. B. A low volume of sales transactions and a computerized accounting system. C. A high volume of sales transactions and a manual accounting system. D. Items in inventory with high per unit costs. 3-37. Which of the following factors would suggest the use of a perpetual inventory system? A. A small company. B. A high volume of many different
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CASE 4-33 ACCOUNTING | 15% Commission | 20% Commission | Own Sales Force @ 7.5% | Sales | $ 16‚000‚000 | 100% | $ 16‚000‚000 | 100% | $ 16‚000‚000 | 100% | Variable Expenses: | | | | | | | Manufacturing | $ 7‚200‚000 | | $ 7‚200‚000 | | $ 7‚200‚000 | | Commissions | $ 2‚400‚000 | | $ 3‚200‚000 | | $ 1‚200‚000 | | Total Variable Expenses | $ 9‚600‚000 | 60% | $ 10‚400‚000 | 65% | $ 8‚400‚000 | 52.5% | Contribution
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Contents Executive summary 2 Industry analysis………………………………………………………………………………………………………………………….3 Major external environmental factors 3 Money exchange………………………………………………………………………………………3 Economic situation……………………………………………………………………………………4 The politics……………………………………………………………………………………………4 Five forces…………………………………………………………………………………………………………………………...5 Main strategies…………………………………………………………………………………………………………………….6 Site visit and company report 7 Value chain 7 Research and development
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number one favorite place to go is the Chipotle Mexican Grill Restaurant. It is the best restaurant ever‚ no questions asked. This restaurant just makes me happy to even talk about it. The first time I went in to go eat‚ I instantly felt the great welcome and smelled the delicious Mexican food. I began to love Mexican cuisine when my family and I went to go visit Cancun‚ Mexico. I had gained about 10 pounds in one week‚ with that said the food was magic to me. Chipotle Restaurant is a really special place
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