11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
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October 8th‚ 2013 Reading Response on a Career-Related Article The article I chose is called “Wanted: Young workers to do a new generation of jobs”. The reason I chose this article is because it relates to me because I am young and interested in work and the article mainly focuses on that. This article relates to Career Studies because with the advancement of future technology‚ more jobs will be created especially for teenagers and young adults. Career Studies focuses on jobs for me and employment
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There are many career options outside of the academic setting you can work in the hospital or health service setting and become a clinical psychologist or a psychiatrist and help diagnose and solve disorders ranging from short term problems such as difficulties with a bad childhood or more severe problems such as schizophrenia and hallucinations. Also there is work you can do in schools outside of academics such as a school psychiatrist or counselor and help assist and guide students achieve their
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REEDY AND ABEL CERTIFIED PUBLIC ACCOUNTANTS Mr. Conrad P. Saws‚ President Mt. Hood Furniture‚ Inc. 80 Fast Lane Portland‚ Oregon 97207 Dear Mr. Saws: We are pleased to confirm our understanding of the services we are to provide for Mt. Hood Furniture‚ Inc. for the year ending December 31‚ 20X3. We will audit the balance sheet of Mt. Hood Furniture‚ Inc of December 31‚ 20X3 and the statement income‚ cash flow‚ and retained earnings for the end of the year. Our objected is to audit and
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Accounting Career Essay Kawanza Carey Everest Online University Strategies for Success 221 Accounting Career Essay Most people think accounting is just crunching numbers all day; everyone uses some form of accounting. There is much more to accounting than just crunching numbers. There are many types of accountants‚ covering a wide range of the business world‚ becoming an accountant opens a wide range of career opportunities. I want to become an accountant because it’s something that I’m familiar
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opportunities in branching out and looking for a career path. In general I would say that it takes a great deal of self-motivation in choosing a lifestyle for ourselves with such little “big-world” experience‚ however‚ for those of us who chose to ask for assistance from our teachers and mentors‚ the task proved to be relatively easy. I had no clue which path I wanted to follow or where it would take me although I had toyed with several career choices ranging from a graphic designer to a lawyer
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Buffet. | Experience | Breithaupt Career Tech. | Dates of Employment: 9/2010-Current | Asst. Student Head Line CookResponsible for help insuring that all food was prepped and cook according to industry standards. * | | Breithaupt Career Tech.Buffet Server | 9/2010-Current | Responsible for insuring that my food station was clean and organized‚ also insuring that food was kept at proper serving temperature. * - | | Breithaupt Career tech. | 9/2010-Current | Dishwasher
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Overview Welcome to the study of cost accounting. This introductory chapter explains the intertwining roles of managers and management accountants in choosing an organization’s strategy‚ and in planning and controlling its operations. Unlike the remainder of the textbook‚ this chapter has no “number crunching.” Its main purpose is to emphasize the management accountant’s role in providing information for managers. Review Points organization. Cost accounting provides information
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Careers In Accounting Sheila Davis Professor Jacob Angima Accounting 100 November 27‚ 2014 Careers in Accounting A career option someone can pursue with an accounting education would be an Auditor. Auditors prepare and examines financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Auditors asses financial operations and work to help ensure the organizations run efficiently. http://www.bls.gov/ooh/business-and-financial /accountants-and
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WHAT ARE COSTS AND PROFITS? HUNGRY HELEN’S COOKIE FACTORY • Helen‚ the owner of the cookie factory‚ buys flour‚ sugar‚ flavorings‚ and other cookie ingredients. • She also buys the mixers and the ovens and hires workers to run the equipment. • She then sells the resulting cookies to consumers. 2 TOTAL REVENUE‚ TOTAL COST‚ AND PROFIT • The amount that Helen receives for the sale of its output (cookies) is its total revenue. • The amount that the firm pays to buy inputs (flour‚ sugar‚ workers
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