Chapter 2 1. Which of the following would be considered a product cost for external financial reporting purposes? a. Cost of a warehouse used to store finished goods. b. Cost of guided public tours through the company’s facilities. c. Cost of travel necessary to sell the manufactured product. d. Cost of sand spread on the factory floor to absorb oil from manufacturing machines. 1. Which of the following would be considered a product cost for external financial reporting purposes
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return preparation‚ office computerization‚ new business start-up‚ general bookkeeping and tax preparation & planning. Job description During the intern period‚ I did four main tasks as follow 1. Bookkeeping The company uses the accounting software called Write up and Quick Book to do the book keeping. In order to do the book keeping we need to create a ledger for all the financial accounts and use the check and invoice provided by the customer to record all payments made from these
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The Sexual Response Cycle Abstract Assignment: The Sexual Response Cycle •Resources: pp. 445-447 in Psychology and the Challenges of Life: Adjustment in the New Millennium •Due Date: Day 7 [Individual] forum •Review the sexual response cycle in the text. •Write a 1‚050- to 1‚400-word paper summarizing each phase of the sexual response cycle for males‚ females‚ and commonalities for both males and females. •Include a brief description of any sexual dysfunctions which can occur and common
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$500‚000 and is known by both Brickhouse and Boudreau to be a fairly "soft" amount. Identify possible causes of action. -Brickhouse is acting unethically. His action serves only his self-interest‚ self review and has no clear basis in proper accounting procedures‚ so ignoring the familiarity with brickhouse ‚the controller‚ Louise Boudreau‚ should not manipulate net income in view of any compensation plan the company may have.He must comply with relevant laws and regulations and not assist others
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Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Which is NOT a characteristic of a functional-based costing system? a. It uses traditional product costing definitions. b. It uses unit-based activity drivers to assign overhead to products. c. It is cheaper than an activity-based costing system. d. It offers greater product costing accuracy than an activity-based costing system. ____ 2. Unit-based product costing uses which of the
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specially made for certain people of all different shapes‚ sizes and colors so each limb is unique. This company would need a cost system because there are many different steps needed to create the limb. A manager would need to decide how much each individual person who spent time making the limb would get paid. They could get paid by the hour or by how many limbs they complete in one day. A manager would also need to decide how many people it would take to complete each task. Some jobs might be quicker
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Individual: Web or Mobile System Paper Andrea Carson University of Phoenix Mobile Computing The wave that has brought with it the computer age has and continues to evolve as technology grows and becomes more complicated. Web 2.0 can be interpreted as an emerging group of new social sites that have come to encompass the entirety of human interaction as bets as possible and transferred it to an online platform (Golding‚ 2008). Popular social sites such as Facebook and YouTube have
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INTRODUCTION Life cycle costing is one of the various techniques in strategic management. It is a procurement as well as production costing technique that considers all life cycle costs. Besides‚ it is also a tool to determine the most cost-effective option among different competing alternatives to do a project‚ when each is equally appropriate to be implemented on technical grounds.This report will discuss life cycle costing in the view of production costing technique. In manufacturing‚ the
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http://smallbusiness.chron.com/difference-between-traditional-accounting-computerized- accounting-4021.html INTRODUCTION: Before the advent of fast and cheap computers‚ accounting traditionally was processed manually with all transactions recorded in columnar papers and kept in voluminous binders. Once computers became popular and software affordable‚ accounting tasks moved into this medium‚ where concepts stayed the same but mechanics changed from papers to programs. AIMS AND OBJECTIVE: To study and
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Keith Calvert Marketing 530 November 18‚ 2014 Individual response to the following questions (repeat question in your paper followed by your responses): 1) What are the biggest problems facing the company in terms of customer management and how could a rewards program help address these problems? a) Customers can’t decide between choosing the “wellness” type of vacation available at Cabo San Viejo or a Hawaii style vacation. A rewards program would incentivize customers to visit the location
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