Chapter 3 Systems Design: Job-Order Costing Types of Costing Systems Used to Determine Product Costs Process Costing Chapter 4 Chapter 4 Job-order Costing Many different products are produced each period. Many different products are produced each period. Products are manufactured to order. Products are manufactured to order. Cost are traced or allocated to jobs. Cost are traced or allocated to jobs. Cost records must be maintained for each distinct Cost records must be maintained for
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____ 1. A cost is not relevant if it: A. B. C. D. E. Does not differ for each option available to the decision maker. Changes from period to period. Is a future cost. Is a mixed cost. Is a fixed cost. 2. Variable costs will generally be relevant for decision making because they: A. B. C. D. E. Differ between options. Are volume-based. Have not been committed and differ between options. Differ between options and have been committed. Measure opportunity cost. 3. Fixed costs will often be
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Distinguish between operant conditioning‚ observational learning‚ and social learning. How are these different kinds of learning utilized in the work place? Give specific examples for each one. Operant conditioning is a theory that is useful when applied to the workplace in several ways. It addresses how employees interact with one another and with clients to how financially successful a company is annually. Operant learning is positive reinforcement. Another example of operant conditioning would
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high-traffic malls where rental costs are high. the additional rental cost was justified‚ however‚ by the revenue that resulted from these highly visible locations. In recent years though‚ the intense competition from other stores in the mall selling similar merchandise has become a disadvantage of the mall locations. Mr. Burns felt that to increase revenue in the mall locations‚ Greetings would need to attract new customers and sell more goods repeat customers. In order to do this‚ the company would
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How to Distinguish a Job Description From a Job Analysis Although a job description is similar to a job analysis‚ they are different in their purpose. The purpose of a job analysis is to analyze the requirements and responsibilities of a job so an accurate description of the job can be written. Once you complete the job analysis you will be able to use the information to write the job description. Typically‚ the description of a job is a composite or summary that is derived from an analysis of
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1. Distinguish between power and authority Power is the ability to coerce or force someone to do your will even if in some cases they may not want to. Authority is the skill of making people willingly do your will. It also the right to give orders‚ enforce obedience or make decisions. 2. Compare and contrast the features of the leadership of bands‚ tribes‚ chiefdoms and state societies A chiefdom is a form of hierarchical political organization in non-industrial societies usually based
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1.Distinguish between pidgins and creoles. Pidgin language is a simplified language that develops as a means of communication between two or more groups that do not have a language in common. It is most commonly used in situations such as trade‚ or where both groups speak languages different from the language of the country in which they live in (but where there is no common language between the groups). In addition‚ pidgins have a distinct set of characteristics that make them differ from the
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Collaborative Writing Space for Project I THE OUTPUT PROCESS 1. The outputs of the order process are reports of credit holds‚ customer invoice when product is delivered and paid for‚ processing the product order‚ inventory check (product availability)‚ shipping instructions‚ and reports of back orders. The Diagram: The diagram starts off with one of the business processes called sales. A customer faxes‚ mails or calls in an order to the company. The order is taken down by a representative who manually
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adjusted in order to accomplish communicative tasks. You can also think of morphology as the study of how meaningful units combine to shape words. There is connection between a word and a morpheme but a number of elements that can be drawn as either a similarity or difference concerning the two terms. In view‚ this essay will look at the similarities and differences between a word and morpheme. Aronoff and Fudeman (2011: 2) states that morphology In linguistics‚ “refers to the mental system involved
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Distinguish between Facts and Inferences My wife does it all the time. She will make an assumption based on an inference. Last week‚ we were going to my brother’s house for our annual Christmas party‚ we do that in the month of January‚ and a car happened to pass us in a quick hurry‚ she said to the person driving‚ “do not get mad at me‚ I did not set the speed limit at 55 miles per hour.” I then‚ asked her‚ “how do you know that person is mad at you‚” because she said‚ “he revved
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