CHAPTER 3 COSTS CONCEPTS and CLASSIFICATION [Problem 1] 1. Direct labor P10 Variable factory overhead 15 Fixed factory overhead 6 Unit conversion cost P31 2. Direct materials P32 Direct labor 10 Unit prime cost P42 3. Unit prime cost P42 Variable factory overhead 15 Unit variable cost P57 4. Total production cost (12‚000 units x P63) P756‚000 [Problem 2] 1. Indirect materials and factory supplies P 68‚000 Supervising salaries
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CHAPTER 18 PROCESS COSTING OVERVIEW OF BRIEF EXERCISES‚ EXERCISES‚ PROBLEMS‚ AND CRITICAL THINKING CASES Brief Exercises B. Ex. 18.1 B. Ex. 18.2 B. Ex. 18.3 B. Ex. 18.4 B. Ex. 18.5 B. Ex. 18.6 B. Ex. 18.7 B. Ex. 18.8 B. Ex. 18.9 B. Ex. 18.10 Topic Selecting a cost accounting system Real World: Walmart and J & J Selecting a cost accounting system Understanding cost flows Process costing journal entries Computing equivalent units Computing cost per equivalent unit Solving for missing information Determining
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forecast five and ten years out in order to identify theneeds of the customer and potential disruptors. Find unresolved problems from the customer’s stand- point and resolve them without overshooting. Use “associationalthinking” by finding similar solutions to other problems to apply to your niche. (Anthony‚2012)4. What did you learn from the
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Jun Yeop Han CBA 300 Professor Pia Gupta February 12‚ 2015 Homework 3 1. What are the characteristics of informal cognitive institutions and why are they of special significance to international business managers. Guanxi in China and Relationship building in Japan are examples of the informal cognitive institutions. Their characteristics are described as their concept based hence intangibility. It is significantly important to the international mangers‚ because they are what valued in the countries
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The Phyco-Solution Algae are emerging to be one of the most promising long-term‚ sustainable sources of biomass and oils for fuel‚ food‚ feed‚ and other co-products. What makes them so attractive are the large number and wide variety of benefits associated with how and where they grow. Nearly all these benefits stem from the fact that these plants have evolved over billions of years to produce and store energy in the form of oil‚ and they do this more efficiently than any other known natural or
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Sarah Watson Reading Challenged with CH 1st/2nd grade 11/29/11 Objectives TSWBAT… identify the ch sound in a word with 90% accuracy by the end of the lesson through worksheets TSWBAT… create their own story using the ch sound with accuracy by the end of the lesson Prerequisite Knowledge How to read Sounds that each letter makes Digraph combinations meanings Lesson Materials Teacher Paper Chad and Chuck Get Lunch by Bridgett Gabby PowerPoint
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Exercises and Discussion Questions 1. Comment on the following from the owner of a successful plywood mill. “Firms don’t use location theory to make location decisions. I chose this location for my plywood mill due to its proximity to my favorite fishing spot.” Firms do use location theory to make location decisions. The location that a firm chooses depends on where the transportation cost will be the lowest. A firm that is resource-oriented will locate closest to the raw materials site because
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Precious Hembry Ms. Wilson ENG 105 – 09 13 November 2013 Abortion: The Solution. The streets of Ireland are overpopulated with beggars and their children. As a result‚ Jonathan Swift proposed mother’s sell their children to be ate. Swift says his proposal will reduce the country’s overpopulation and keep the children from becoming a burden on their parent’s. However‚ Swifts proposal does not focus on ways to benefit the mother’s in these dire straits; therefore‚ the mother’s should choose
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competition between different religious parties the real purpose of democracy may not be served 7. the laws made by the government might favour the religion they support and thus deprive others of equal rights 8. Divides people: majority and minority 9. Religion‚ is not an element of citizenship in a democracy‚ hence not to be allowed. | 1. Ensuring the spirit of democracy 2. Voice of all religious group is heard at parliament 3. It ensures that the voice of every religion is heard. 4. religious
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ECON112 Macroeconomics Problem Set 1 *Solution* By Yao Amber Li Fall 2010 (Instructor: Li‚ Yao; TA: Fok Pik Lin‚ Astor) ------------------------------------------------------------------------------------------------------------------------------------ 40 marks total Part I: True/False/Uncertain Please justify your answer with a short argument. (10 marks‚ 2 marks each) One mark is for correct judgment. One mark is for correct argument. 1. GDP is the value of all goods and services produced
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