SREERAM COACHING POINT COST Management Test Questions & Suggested Solutions by L. Muralidharan‚ FCA.‚ Grad. CWA.‚ COST MANAGEMENT - TEST QUESTIONS & SOLUTIONS Question: 1 Bharata Ltd is considering proposals for design changes in one of a range of soft toys. The proposals are as follows: (a) Eliminate some of the decorative stitching from the toy. (b) Use plastic eyes instead of glass eyes in the toys (two eyes per toy). (c) Change the filling material used. It is proposed that scrap fabric
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Ateneo Graduate School of Business MBA Standard Financial Accounting TEAM DAVAO Group Members: Martha Herrera‚ Katrina Ortega‚ Chris Almeda‚ Gil Fernandez Presentation for Case 4-1 CASE PC Depot was a small retail store for personal computers and hand-held calculators‚ selling several national brands in each product line. The store was opened in early September by Barbara Thompson‚ a young woman previously employed in direct computer sales for a national firm specializing in business computers
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Startup Revolutionizes Apparel Shopping‚ Reduces Returns with Virtual Fitting Room Customer: Styku Website: www.styku.com Customer Size: 9 employees Country or Region: United States Industry: Professional services— Software engineering "Utilizing multiple Kinect for Windows depth sensors‚ we were able to create a full body scan in only one second.” Raj Sareen‚ Chief Executive Officer‚ Styku Styku is out to solve the problem of finding clothes that fit. It Customer Profile Styku
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Download Services Introduction In computer networks‚ the term “download” means to receive data (to your local system) from an external‚ remote system. Examples of such systems include FTP server and e-mail servers. It is implied that the data that is to be downloaded is going to be stored permanently. In many cases‚ users of download services use tools which are dedicated to the task of downloading‚ known as download managers. Download managers have various features‚ including the ability to
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Checklist for this Subject Test 1. Answer Books: No 2. Standard MC Answer Sheets: No 3. Calculator: Yes 4. Paper Dictionary: No 5. Open Book: No --------------------------------------- QUESTIONS START FROM HERE ------------------------------------- Question 1 (a) What Grace suggested doesn’t seem to be ethical. First of all the transfer of her personal property to the Company will simply overstate the Company’s asset. Secondly‚ when the expenses were hidden off
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Direct materials cost per unit ($750‚000 ÷ 10‚000) $ 75.00 Conversion cost per unit ($798‚000 ÷ 10‚000) 79.80 Assembly Department cost per unit $154.80 2a. Solution Exhibit 17-16A calculates the equivalent units of direct materials and conversion costs in the Assembly Department of Nihon‚ Inc. in February 2009. Solution Exhibit 17-16B computes equivalent unit costs. 2b. Direct materials cost per unit $ 75 Conversion cost per unit 84 Assembly Department cost per unit $159
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The American Revolutionary war began in-part because of economic struggles England faced after securing safety for it’s colonies during the Seven Years War. England needed to increase their taxation on the colonists after the war to pay off its war debts. Prior to these taxes‚ the colonies were wholly content while under the wing of the British Empire. Not only because the protection the British provided‚ but also because of their deep reverence for the Motherland. Colonists were angered by with
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decisions making‚ and control. An information system need not be a computerized system‚ but the use of computer in information systems can improve the efficiency of information collection‚ processing‚ storing‚ transformation and distribution. An accounting information system (AIS) is the information subsystem within an organisation that accumulates information from the entity’s various subsystems and communicates it to the organisation’s information processing subsystem. The information processing
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M10EFA: Auditing and Assurance Seminar 4: Tests of Control and Audit Sampling Tests of Controls Game Solutions is a computer games company which has its Head Office located in Glasgow‚ where all administrative processes are conducted. However‚ all other functions are sited at four other locations in the UK in order to ensure optimum cost efficiency of the research and production functions in terms of staff‚ facilities‚ travel among others. All locations are networked together with a server placed
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27. a 3. a 8. d 13. b 18. d 23. c 28. c 4. c 9. a 14. d 19. b 24. d 29. c 5. d 10. b 15. a 20. a 25. c 30. d Multiple Choice Questions - Computational 1. (b) Direct Materials P47‚000 Direct Labor 28‚000 Factory Overhead: Depreciation – Factory equipment P1‚000 Factory rent 2‚000 Factory insurance 500 Materials handling 1‚500 5‚000 Manufacturing cost P80‚000 2. (a) Decrease in finished goods
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