Cost Accounting Manual 2013 STUDY NOTES FOR COST ACCOUNTING BY ATAUSH SHAFI Last Updated on: Tuesday‚ January 01 01‚ 2013 1 © For Suggestions & Feedbacks‚ contact: ATAUSH SHAFI (ataushshafi@gmail.com) Cost Accounting Manual 2013 Table of Contents CIMA OFFICIAL TERMINOLOGY .................................................................................... 3 COST OF GOODS SOLD FORMULE................................................................................ 13 COST CLASSIFICATION ...
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Case Solution Cost of Capital at Ameritrade | | • Executive summary: Formed in 1971 and listed in March 1997‚ Ameritrade has been one of the most successful players in the deep- discount brokerage sector. Ameritrade’s two major sources of revenue‚ Transaction income (brokerage commissions‚ clearing fees‚ and payment for order flow) and Net interest revenues that were generated from net balance
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MANAGERIAL AND COST ACCOUNTING LARRY M. WALTHER & CHRISTOPHER J. SKOUSEN DOWNLOAD FREE TEXT BOOKS AT BOOKBOON.COM Managerial and Cost Accounting © 2009 Larry M. Walther‚ under nonexclusive license to Christopher J. Skousen & Ventus Publishing ApS. All material in this publication is copyrighted‚ and the exclusive property of Larry M. Walther or his licensors (all rights reserved). ISBN 978-87-7681-491-5 Download free books at BookBooN.com 2 Managerial and Cost Accounting
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START UP COSTS‚ ETC. Start-Up Costs With the start-up of any new company‚ it is very important to get all finances‚ start-up costs and maintenance costs together before actual start-up. Ample amount of research needs to be conducted in order to be sure that more or less a surplus of funds is obtained instead of not enough. Costs must be carefully researched to justify the amount of money actually being spent on the start-up of a new company. Costs needed to start up my Netflix type
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Costs associated with two alternatives‚ code-named Q and R‚ being considered by Lang Corporation are listed below: | | Alternative Q | Alternative R | Supplies costs | $ 64‚500 | $ 64‚500 | Power costs | $ 36‚500 | $ 21‚500 | Inspection costs | $ 11‚400 | $ 26‚300 | Assembly costs | $ 38‚600 | $ 28‚000 | | Required: | a. | Which costs are relevant and which are not relevant in the choice between these two alternatives? |
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Cost and Price Analysis Instructor: Name: Class: Finance 230 Date: Period: Results: 1) Why is it important for the government to exercise good fiscal judgment when spending funds? Government employees are held responsible for use of good judgment so those excessive prices are not paid. 2) List and describe four types of market based pricing. Be sure to provide at least one (1) example of each type. Competitive Offers – response to solicitation encouraging competing offers Established
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clear thinking along with presentation | | | Subject Specific Parameters | 1. Understanding the procedures of Costing | Clarity of concept | | | 2. To be able to calculate the unit cost and prepare costing Profit & Loss statement | Precision in cost calculation and preparation of cost sheet | | | Grades | Grade Descriptors | Achieved Yes/No (Y / N) | P | A Pass grade is achieved by meeting all the requirements defined. | | M | Identify & apply strategies/techniques
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substantial investments in technology and advertising‚ but is unsure of the appropriate cost of capital. Estimating the cost of capital 1. Since we do not have the beta for Ameritrade‚ we need to find comparable firms for which we could compute the betas. There are several candidates in the case. Discuss which firms are most appropriate. Thus‚ the proportion of the revenue a firm earns from transactions and interest (brokerage activities) has something to do with the risk. Thus‚ to find the firms
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Consumers need to determine if they should make or reject a certain decision by using marginal costs or benefits. Marginal costs refer to the change in cost over the change in quantity while marginal benefits refer to the change in benefits over the change in quantity (“Marginal Costs & Benefits”‚ n.d.). When it comes to a decision in purchasing a home‚ the strength of the economy could affect the marginal costs and the marginal benefits. During the times of economic growth‚ the consumer who purchases
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Ratio…………………………………………………..………………………….17 7. Analysis of Capitalization 7.1 Total Debt to Owner’s Equity Ratio………………………...…………19 7.2 Total Debt to Total Asset Ratio……………………………………………………20 7.3 Long-Term Debt to Total Capitalization Ratio…………………………………22 7.4 Times Interest Earned Ratio………………………………………………23 8. Analysis of Operations 8.1 Gross Profit Margin……………………………………………………………….25 8.2 Operating Profit Margin………………………………………………………27 8.3 Return on Sales……………………………………………………………..……28 8.4 Return on Asset…………………………………………………………
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