HST Ltd manufactures French fries from Russet potatoes. These are sold to local restaurants. The company manufactures French fries using a single production line that runs eight hours per day. The potatoes are purchased and stored in suitable warehouses from which they are distributed on a first-in first-out (FFO) basis. The production of French fries involves a number of processes. They are: cleaning‚ sorting‚ peeling‚ manual inspection‚ cutting‚ machine inspection‚ blanching‚ drying‚ frying‚ draining
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TOPICS IN MANAGEMENT ACCOUNTING AMIS 4310 CASE QUESTIONS Seligram‚ Inc.: Electronic Testing Operations 1. What caused the existing system at ETO to fail? 2. Calculate the reported cost of the five components listed in Exhibit 6 using: a. The existing system. b. The system proposed by the accounting manager. c. The system proposed by the consultant. 3. Which system is preferable? Why? 4. Would you recommend any changes to the system you prefer? Why? 5. Would you
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30000 25000 21029.26 23517.08 18879.13 15295.40 27312.95 20000 18000 16000 14000 12000 10000 8000 10745.47 13874.10 15622.82 17071.06 19186.27 20000 15000 10000 5000 0 6000 4000 2000 2007 2008 2009 2010 2011 0 2007 2008 2009 2010 2011 1600 1400 1200 1000 800 600 400 200 0 2007 2008 2009 2010 1130.95 1042.40 1174.21 1270.37 1473.49 2011 16000.00 14266.73 15800.96 12000 10000 8110.41 9250.35 7448.31 6370.46 11511.99 14000.00 12000.00 10000.00 8000.00 6000
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distinguish the variable costs and fixed costs‚ we now can construct the contribution margin Income Statement for SDS at its March level‚ assuming 205 hours for Intercompany usage-Question 3 Income Statement Revenues: -Intracompany $82‚000 -Commercial 110‚400 Total Revenues 192‚400 Variable Expenses: -Power 1‚697 -Hourly Personnel 8‚147 Subtotal Variable Expenses 9‚844 Contribution Margin 182‚556 Fixed Expenses: -Rent 8‚000 -Custodial
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The Directors’ Report Fatwa and Sharia Supervisory Board’s Report The due Zakat on Shares Independent Auditors’ Report Consolidated Statement of Income Consolidated Statement of Comprehensive Income Consolidated Statement of Financial Position Consolidated Statement of Cash Flows Consolidated Statement of Changes in Equity Notes to the Consolidated Financial Statements Branches Network 9 10 11 12 15 16 19 21 22 23 24 25 26 27 28 68 Emirates Islamic Bank Annual Report 2009 7 k 9 Annual Report
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with the investor. Case 4 In order to maintain his company’s earnings growth‚ the CEO would like to direct a 40% owned investee company to declare a dividend greater than its normal yearly dividend. If the cost method were used‚ this income manipulation would work if no part of the dividend were treated as a liquidating dividend. It will not work if the equity method has to be used to account for the investment. Case 5 This case‚ adapted from the CICA‚ gives an illustration
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be the leading vulcanizing shop in Goa. it will provide quality service to its clientele to ensure its profitability and stability. Specific Objectives Use advance equipments to ensure the quality of services to its clienteles. Provide additional income opportunity. Create a more environment friendly business venture by supporting recycling of waste materials. Feasibility Criteria The proposed business is considered feasible due to the growing number of motor vehicle in the locality. The rising
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$ $ $ $ $ $ $ $ $ $ $ Power per revenue hour Op: hourly personnel per revenue hour = = $ $ 4.70 24 3. Create a contribution margin income statement for Salem Data Services. Assume that intracompany usage is 205 hours. Assume commercial usage is at the March level. Revenues Intracompany Commercial Total Revenues Less Variable Expenses Contribution Margin Fixed Expenses Rent $ $ $ $ $ $ 82‚000 =$400/hour * 205 hours 110‚400 =$800/hour * 138 hours 192‚400 9‚844 =$28.70 * (205
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any change in the partners or members or in their profit sharing ratio since the last date of the preceding year‚ the particulars of such change. | : | - do –- Note: In case of any change attach copy of partnership deed with the Income-tax return if required. | 8 | (a) | Nature of business or profession (if more than one business or profession is carried on during the previous year‚ nature of every business of profession). | : | · In respect of each class of business‚ it
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Introduction : This report will be analysing Wesfarmers financial statements provided in their 2010 annual report by: horizontal analysis‚ trend analysis‚ vertical analysis and ratio analysis. With the numerical data obtained and the conclusions drawn from them‚ a generalised discussion on the limitations of financial statement analysis and examining possible factors influencing the position of Wesfarmers shares in comparison to others; this report will enable people in the business world to make
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