Standards Based Decision Making Team C June 24‚ 2012 ETH 376 Professor Standards Based Decision Making Green and Associates is the CPA firm retained by the ABC Corporation to handle their external auditing duties. The auditing team at Green and Associates took time to review aspects of ABC’s finances and had some questions regarding their client’s monthly statements that made them a little uneasy. Items such as their inventory valuation methods not to mention‚ Green’s new
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cost of sales calculation in the income statement for the next period. b. Compare the value of the office chairs on hand as at 30 June‚ to be included in the inventory balance on the balance sheet‚ using the following cost flow assumptions: i. FIFO ii. weighted-average Date Units Price ($) Total ($) Opening balance 14 110 1 540 August 25 122 3 050 October 30 130 3 900 December 35
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to update the display information. System identification: A processing algorithm used to mathematically model the robot system. This takes 100 milliseconds to execute. Organize the execution schedule of these tasks using simple scheduling (FIFO). Use timing diagram to show your solution. (A) Solution Through the execution order used by the scheduling algorithm the TT (turnaround time; time taken for each process to complete) can be optimized‚ in that processing
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ANSWERS 1 a) 1 b) 1 c) 1 d) 1 e) 1 f) This transaction has no effect on the balance sheet since this is only an order‚ no financial value. 1 g) 1 h) 1 i) 1 j) 2 a) a] b] c] d] e] f] g] h] j] k] l] 2 b)
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method that assigns the most recent costs to cost of goods sold is a. FIFO b. LIFO c. Average d. specific identification 12. Inventory costing methods place primary emphasis on assumptions about a. flow of goods b. flow of costs c. flow of goods or flow of costs depending on the method d. neither flow or goods or flow of costs 13. The inventory costing method that reports the most current prices in ending inventory is a. FIFO b. Specific identification c. LIFO d. Average cost The following lots
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Weighted turn around time * TAT= Fi- Ai EXAMPLE # 1: FIFO JOB | ARRIVAL TIME | RUN TIME | 1 | 10.00 | 2.00 | 2 | 10.10 | 1.00 | 3 | 10.25 | 0.25 | ANSWER: JOB NO. | ARRIVAL TIME | START TIME | FINISH TIME | TAT | WTAT | 1 | 10 | 10.00 | 12.00 | 2.00 | 1.00 | 2 | 10.10 | 12.00 | 13.00 | 2.90 | 2.90 | 3 | 10.25 | 13.00 | 13.25 | 12.00 | 12.00 | TATaverage=2.6 WTATaverage=5.30 FIFO MULTIPROGRAMMING W/ NO I/O OVERLAP * HEADWAY = Amount of CPU spent
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Service Time Pattern | Population Size | Queue Discipline | A | Single-channel system (M/M/1) | Information counter at department store | Single | Single | Poisson | Exponential | Unlimited | FIFO | B | Multichannel (M/M/S) | Airline ticket counter | Multi-channel | Single | Poisson | Exponential | Unlimited | FIFO | C | Constant Service (M/D/1) | Automated car wash |
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Computer Engineering 2010 Mekelweg 4‚ 2628 CD Delft The Netherlands http://ce.et.tudelft.nl/ MSc THESIS Task Scheduling Methods for Composable and Predictable MPSoCs Ba Thang Nguyen Abstract Multiprocessor Systems on a Chip (MPSoCs) are suitable platforms for executing complex embedded applications. To reduce the cost of the hardware platform‚ applications share resources‚ which may result in inter-application timing interference due to resource request conflicts. Bounding or
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Operations Management Case Analysis - 2 Manzana Insurance (Fruitvale Branch) Group 13: ANALYSIS INTRODUCTION The Fruitvale branch of Manzana Insurance is facing stiff competition and is being severely outperformed by Golden Gate casualty Insurance. On every measure of performance‚ Fruitvale branch seems to be falling apart. Following are the problems faced by Fruitvale branch: 1) Turnaround Time (TAT) is too high TAT‚ or the number of days between the
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January‚ 2014 are as follows: Units Per unit price Total Balance‚ 1/1/14 200 $5.00 $1‚000 Purchase‚ 1/15/14 100 5.30 530 Purchase‚ 1/28/14 100 5.50 550 An end of the month (1/31/14) inventory showed that 160 units were on hand. If the company uses FIFO‚ what is the value of the ending inventory? a. $800 b. $832 c. $848 d. $868 6. _____ Effie Company uses a periodic inventory system. Details for the inventory account for the month of January‚ 2014 are as follows: Units Per unit price Total Balance
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