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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below. Each question is worth 1 point. Who did Okonkwo defeat when he was eighteen in a wrestling match? The Dog C. Unoka The Cat of Lighting D. Amalinze the Cat What instrument did Okonkwo’s father play? A whistle C. Ogene The Flute D. Wind Chimes What did Okoye insist that Unoka break? A kola Nut
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under efficient operating conditions absorption costing all manufacturing costs are assigned to products: direct material‚ direct labour‚ variable and fixed manufacturing overhead acceptable quality level (AQL) the defect rate at which total quality costs are minimised account classification method (or account analysis) the process in which managers use their judgement to classify costs as fixed‚ variable or semivariable costs accounting rate of return (or simple rate of return‚ rate of return on assets
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John Cruz Professor Keith Feldman ES 101B: Humanities Methods in Ethnic Studies- Summer 2018 29 May 2018 Exploratory Essay 1: Reading This exploratory essay will examine Suheir Hammad’s poem Break in that it speaks to the Humanities in Ethnic Studies. My central analysis is that Hammad’s gripping poem Break is predominately catered to the aspects of the human portion of this assignment. Furthermore‚ this essay can be viewed as counter-hegemonic. It shows that her stanzas connote a re-enunciation
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business and how the new equipment will help the business to function and the cost of the product will determine what the managers of the business decides. Marginal costs are change in total costs divided by change in output. Marginal revenue is the change in total revenue divided by change in output. Increase in fixed costs means that when the fixed costs cannot be changed it is the short run and when the fixed costs change it is the long run. The second questions that I chose to answer was
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My 2017 spring break felt very tiring and busy. My everyday schedule for this break was pretty much already decided. Monday through Friday I spent my whole day from eight to six at a tennis camp. This tennis camp helped me improve on my hitting skills but‚ it was very tiring and hard. The tennis camp also fun at the same time because the Konawaena tennis team was down there and plus tennis players from other school came so we got to have like a tennis bonding time. On saturday‚ we had a tennis match
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Ethical Issues in Human Services Organizations HSM 230 Mid-Term Exam Instructions: You will have 7 questions to complete ranging from multiple choice‚ short answer and T/F. Each question should be answered completely. Please download this file and add your answers to this document. Your file is to be saved as Week5Midter Last Name‚ First Name (ex. Week5Midterm Hardy‚ Siobhan). If your Exam is not saved in this manner it will not be graded. 1. A recent study of social work leaders’
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Topic 6: Management Accounting and Cost Case: Shelter Partnership a. My main learning outcomes from Topic 6 and the Case Study; 1) Firstly‚ I realize management accounting has much to offer. Somehow I can handle physics but not accounting. Now thanks to this course I can appreciate and make sense of it. The bit that really caught my attention was seeing how management accounting can be really useful for business planning‚ cost management‚ budgeting and performance measurement. It offers
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COST ANALYSIS OBJECTIVES INTRODUCTION MEANING DEFINITIONS TYPES OF COSTS MONETARY COSTS REAL COSTS OPPORTUNITY COSTS ECONOMIC COSTS ACCOUNTING COSTS INCREMENTAL COSTS SUNK COSTS FUTURE COSTS PRIVATE‚ EXTERNAL AND SOCIAL COSTS FIXED / SUPPLEMENTARY / OVERHEAD COSTS VARIABLE / PRIME COSTS REPLACEMENT COSTS PRODUCTION COSTS SELLING COSTS CONTROLLABLE COSTS DIRECT COSTS INDIRECT COSTS SHORT RUN COSTS CURVES LONG RUN COSTS CURVES OBJECTIVES To understand the meaning of cost. To discuss different types
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Chapter Six Businesses and Their Costs Study Questions: 1. Explain the difference between a plant‚ a firm‚ and an industry. Plant – establishments such as a factory‚ farm‚ mine or store. Firm – an organization that employs resources to produce goods/services for profit. Industry – group of firms that produce the same or similar products. 2. State the advantages and disadvantages of the corporate form of business. Advantages – most effective form of
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