ACCT 2127 ACCOUNTING FOR MANAGEMENT DECISIONS SEMESTER 2‚ 2013 INDIVIDUAL ASSIGNMENT – Blackmores Ltd Overview You are required to undertake an analysis of the financial health and management practices of Blackmores Limited (Blackmores). The analysis is to be based primarily on 2012 Annual Report of the corporation and any other information you deem relevant e.g. newspaper and journal articles etc. This will require you to search for articles on Blackmores. Background We will discuss
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ISSN 1450-223X Issue 4 (2009)‚ pp36-44 © EuroJournals Publishing‚ Inc. 2009 http://www.eurojournals.com/ajsr.htm Accounting Information Systems (AIS) and Knowledge Management: A Case Study Zulkarnain Muhamad Sori Department of Accounting and Finance‚ Faculty of Economics and Management Universiti Putra Malaysia Abstract This study seeks to examine the use of Accounting Information Systems (AIS) by ZBMS Sdn. Bhd.‚ and it’s contribution to the knowledge management and strategic role of the organisation
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pool. Compute the overhead rate per cost driver. Assign manufacturing overhead costs for each cost pool to products‚ using the overhead rates (cost per driver). 8. Explain the preparation and use of value-added/non-value-added activity flowchart in an ABC system. A value-added/non-value-added activity flowchart is based on a systematic analysis of all the activities‚ actions and resource-intensive operations performed to manufacture a product or provide a service. The flow chart documenting each
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Generally Accepted Accounting Principles (United States) In the U.S.‚ generally accepted accounting principles‚ commonly abbreviated as US GAAP or simply GAAP‚ are accounting rules used to prepare‚ present‚ and report financial statements for a wide variety of entities‚ including publicly-traded and privately-held companies‚ non-profit organizations‚ and governments. Generally GAAP includes local applicable Accounting Framework‚ related accounting law‚ rules and Accounting Standard. Similar to
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1. The four core beliefs of value-added selling are as follows. The first belief in value-added selling is trust. If the customer does not trust the salesperson‚ how are they going to even trust the company. Building trust between the salesperson and customer results in the customer being comfortable doing business with salesperson and the price of the sale may not be as big of an issue. The second core belief is people want to get as good as they give. For this belief both the seller and buyer
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just accumulate costs into a cost center (Three kinds of costs: director material‚ director labor‚ Manufacturing Overhead) ‚ and the Manufacturing overhead just equals the director labor multiply by 200% ‚ the Overhead Rate. These three kind of costs added together we got the total cost‚ and the total cost divided by the each unit built‚ we get the final unit product cost‚ I think it is a rough calculating process. The result depends on the direct labor hours and regardless of any other elements‚ if
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corporate ownership of stocke. S-corps can elect to be taxed as proprietorship or partnership | | | | Points Received: | 10 of 10 | | Comments: | | | | 2. | Question : | (TCO G) A security analyst obtained the following information from Prestopino Products’ financial statements: • Retained earnings at the end of 2009 were
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Exercise 3-13. Costing Units Completed and Ending Work in Process [LO 2‚3‚4] At the start of November‚ Penco Refinery had Work in Process inventory consisting of 4‚000 units that were 90 percent complete with respect to materials and 50 percent complete with respect to conversion costs. The cost of the units was $38‚000 ($25‚000 of material cost and $13‚000 of labor and overhead). During November‚ the company started 44‚000 units and incurred $421‚970 of material cost and $394‚880 of labor and
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Question 1 2 out of 2 points Correct A corporation uses the Internal Revenue Service’s Web site to learn how to pay its estimated quarterly income taxes. This is an example of ________. Answer Selected Answer: b. G2B Correct Answer: b. G2B Question 2 2 out of 2 points Correct Dell’s cornerstone business model is based on the concept of: Answer Selected Answer: c. build-to-order which allows customers
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IMPACT OF VALUE-ADDED TAXATION ON INDIAN ECONOMIC SYSTEM A tax is “a backbone of every country to meet their social obligations”. Value Added Tax (VAT) is a general consumption tax assessed on the value added to goods and services. It is a general tax that applies‚ in principle‚ to all commercial activities involving the production and distribution of goods and the provision of services. India has a well-developed tax structure with clearly demarcated authority between Central and
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