1) The cost of production for the mixing Department for the month of January 2010. (showing clearly the physical Units‚ Equivalent production Uniot and the cost assignment and cost analysis. 1 (a) Equivalent Flow of Production Physical units Direct Material Conversion Cost Work in Process‚ Beg. Jan. 1‚ 2010 - Started during the current period 5‚000.00 Total cost to be accopunted for 5‚000.00
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managers. Evaluate the services offered by these — or other — management-skills services to determine which one would best serve Bob’s needs. Offer recommendations. 5. Numerous articles suggest that company wellness plans cut firms’ healthcare costs. You’re intrigued‚ but not totally sold. Surely these plans must have disadvantages as well. You decide to investigate the advantages and disadvantages of wellness plans. It might help to get a sense of how rank-and-file employees feel about these
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father worked there for 29 years‚ and the author interviewed 22 former employees. His shop-floor view of this small company is a refreshing change from academic treatises on why America can’t compete. The discussions of spindles and numerical control can be tough going. But Holland compensates by conveying the excitement and innovation of the company’s early days and the disgust and cynicism accompanying its decline. Moreover‚ the fate of Burgmas- ter and its brethren is crucial to the U.S. industrial
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Week One - Management Theory What is management? Fayol- ADMIN- Forecast & plan‚ Organise‚ command‚ coordinate and control POCCC- Planning‚ organising‚ commanding‚ co-ordinating‚ controlling. Brech- Planning‚ control‚ co-ordination and motivation Drucker- MANAGEMENT BY OBJECTIVE- The systematic organisation of economic resources. Cole- Planning‚ Organising‚ motivating and controlling Weber- ADMIN- Well defined hierarchy of authority‚ system of rules covering rights and duties
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help you get familiar with the numbers. Pay particular attention to question 6. 1. The overhead allocation rate used in the 1987 model year strategy study at the Automotive Component & Fabrication Plant (ACF) was 435% of direct labor dollar cost. Calculate the overhead allocation rate using the 1987 model year budget. Calculate the overhead allocation rate for each of the model years 1988 through 1990. Are the changes since
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Difference between historical cost and fair value accounting In order to make the most profitable and rational decisions entity’s stakeholders have to evaluate organisation’s financial statements. Today’s world of rapidly changing prices has made it difficult to estimate what something is actually worth. Thus leading to debates at what price – historical costing price or market value – assets and liabilities should be reported. Therefore‚ before making any evaluations about reported transactions
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A.2:- There are many external environmental factors affecting the Indian retail industries. These external factors include demographic‚ cultural‚ social‚ legal and political‚ economic‚ natural‚ technological environment. These external factors have affected the decisions for organizing the retail industry. Demographic factors are those factors relating to personal characteristics such as age‚ gender‚ social class‚ level of education‚ family etc. These factors can affect the retail industry. Population
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(Accounting for Goodwill) Fred Moss‚ owner of Moss Interiors‚ is negotiating for the purchase of Zweifel Galleries. The balance sheet of Zweifel is given in an abbreviated form below. ZWEIFEL GALLERIES Balance Sheet as of December 31‚ 2014 Assets Liabilities and Stockholders’ Equity Cash $100‚000 Accounts payable $ 50‚000 Land 70‚000 Notes payable (long-term) 300‚000 Buildings (net) 200‚000 Total liabilities 350‚000 Equipment (net) 175‚000 Common stock $200‚000 Copyrights (net) 30
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CHAPTER 3 The Accounting Cycle QUESTIONS Q3-1. Much more judgement is required for accrual accounting than for cash accounting because there is greater uncertainty at the time events are recorded in the accounting system. There is no uncertainty around the point in time when the cash is paid or collected. Accrual accounting records economic events‚ not cash flows. When an economic event occurs can be ambiguous. It’s less certain when revenue has been earned than when cash is received. It
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prefer the same product qualities). It is externally heterogeneous(potential customers from different segments have different quality preferences). It responds consistently to a given market stimulus. It can be reached by market intervention in a cost-effective manner. It is useful in deciding on the marketing mix. It identifies the target customer(s) (surrogate(s)) It provides supporting data for a market positioning or sales approach. Methods for segmenting consumer
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