case of favorable market conditions making a profit of $ 700‚ 000 and in case there is unfavorable market conditions it will make a loss of $ 500‚ 000. From the decision tree‚ the EMV of this decision is $230000. If the company goes for the option of Auburn Mall store‚ it will not make a profit as the case of stand - alone store because Auburn
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Accounting Winter 2013 Practice Problems Chapter 8 Problem 1: Different management levels in Bates‚ Inc.‚ require varying degrees of managerial accounting information. Because of the need to comply with the managers’ requests‚ four different variances for manufacturing overhead are computed each month. The information for the September overhead expenditures is as follows: Budgeted output units 3‚200 units Budgeted fixed manufacturing overhead $20‚000 Budgeted variable manufacturing
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True / False – Chapter 13 Maria defers $100 of gain realized in a section 351 transactions. The stock she receives in the exchange has a fair market value of $500. Maria ’s tax basis in the stock will be $400. True Control as it relates to a section 351 transaction is strictly defined to be 80 percent or more of the voting power of the stock of the corporation to which property is transferred. False The definition of property as it relates to a §351 transaction includes money. True To meet
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evaluate the Strengths‚ Weaknesses‚ Opportunities‚ and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. The aim of any SWOT analysis is to identify the key internal and external factors that are important to achieving the objective. SWOT analysis groups key pieces of information into two main categories: Internal
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not significant among treatments. Oregano and guava leaves may have favorable pH levels for flowers used. In terms of opening of flowers‚ it was noted that oregano extract promoted early opening of flower buds even at the early days of observation. Highest vase life days were also observed in flowers placed in guava leaves extract and the lowest vase life days were observed in flowers placed garlic extract. Analysis of variance (ANOVA) at 0.5 level of significance did not reveal differences in the
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COST ACCOUNTING Select the one best answer for each: 1. Which one of the following would not be classified as manufacturing overhead? a. Indirect labor b. Direct materials c. Insurance on factory building d. Indirect materials 2. Prime costs of a company are $3‚000‚000‚ manufacturing overhead is $1‚500‚000 and direct labor is $750‚000. What is the amount of direct materials? a. $1‚500‚000. b. $750‚000. c. $2‚250‚000.
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Punishment is one of the goals to sentencing. It is the infliction of pain upon someone and is considered retribution for criminals who commit crimes. Society uses punishment to keep criminals from being repeat offenders and therefore I believe it is a favorable from of sentencing. However‚ with the new three strikes law‚ I do not agree with some of the statutes that are being set forth. Deterrence is the hoping that others while seeing someone being prosecuted of a crime will be deterred to commit the
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Insel’s Gurun facility. There are seven departments in MIC Division‚ which are Product Engineering‚ Production Planning‚ Marketing‚ New Product Development‚ Quality Assurance‚ Manufacturing‚ and Financial Controller. This division used standard and variance costing system‚ and there were 29 cost centres in its factory design. QUESTION 1 List four (4) major problems that Insel Inc.’s MIC Division is
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score)‚ then the respondent is primary interested in good personal relations with his coworkers. That is‚ if you essentially describe the person you are least able to work with in favorable terms Fiedler would label you relationship-oriented. In contrast‚ if the least preferred coworkers are seen in relatively unfavorable terms (allow LPC score) the respondent is primarily interested in productivity and thus would be labeled task oriented. About 16 percent of respondents score in the middle range.
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production in July was well below standard volume because of employee vacations. This had caused overhead to be underabsorbed‚ and a large unfavorable volume variance had been generated‚ which more than offset the added gross margin from the sales increase. It was company policy to charge company variances to the monthly income statement‚ and these production volume variances would all wash out by year’s end‚ Wilcox had said. Silver‚ who knew little about accounting‚ found this explanation to be “incomprehensible
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