chapter 3 Exe# 6 In question direct labor hours is not given‚ we can find D.Labor hours through this formula Direct labor cost = 40000 = 6250 Hours Per D.Labor hours rate 6.40 1) Prime Cost (2) Conversion Cost Material opening 24000 Direct labor 40000 + purchase 56000 FOH Applied Material available for use 80000 6250 Hours@ 8 50000 - Material ending (20000) Conversion cost 90000 Material used 60000 + Direct labor 40000 Prime Cost 100000
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E -11 DM 5 DL 4 VMO 3 FMO = 180‚000/50‚000 = 3.6 Total = 15.6 15.6 * 5‚000 (50‚000-45000) = 78‚000 E-12 DM 5 DL 4 VMO 3 Cost per unit = 12 $ EIV = 12 * 5000 = 60‚000 E-13 Difference 3.6 * 5000 = 18‚000 And 78‚000 – 60‚000 = 18‚000 E-14 CGS sold = 45000(sold) * 15.60 = 702‚000 E15 12 * 45000 = 540‚000 E16 Sales = 30 * 45‚000 = 1‚350‚000 CGS 702‚000 CM 648‚000 Less S & admin. 160‚000 Net income 488‚000 E17 Sales =
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CHAPTER 14 Long-Term Liabilities ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics 1. Long-term liability; classification; definitions. Issuance of bonds; types of bonds. Premium and discount; amortization schedules. Questions 1‚ 10‚ 14‚ 20‚ 23‚ 24‚ 25 2‚ 3‚ 4‚ 9‚ 10‚ 11 5‚ 6‚ 7‚ 8‚ 11 1‚ 2‚ 3‚ 4‚ 5‚ 6‚ 7 3‚ 4‚ 6‚ 7‚ 8‚ 10 Brief Exercises Exercises 1‚ 2 Problems 10‚ 11 Concepts for Analysis 1‚ 2‚ 3 2. 3‚ 4‚ 5‚ 6‚ 7‚ 8‚ 9‚ 10‚ 11 4‚ 5‚ 6‚ 7‚ 8‚ 9‚ 10‚ 11‚ 13‚ 14‚ 15 12‚ 13‚ 14‚ 15 16‚ 17
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Homework 1 – GMGT 590 Q 3.5 | Step 1: Cut | Step 2: Put Grilled Stuff on Bagel | Step 3: Veggies on Bagel | Step 4: Cream Cheese | Step 5: Wrap | I | 1 | 1 | 1 | 1 | 1 | T | 3 min | 10 min | 5 min | 4 min | 2 min | R | 0.333333333 | 0.1 | 0.2 | 0.25 | 0.5 | % | 100% | 16.67% | 77.78% | 22.20% | 100% | ADJ R | 0.333333333 | .5999 | 0.2571 | 1.126 | 0.5 | | | | | | | Total Bagel | 180 | 100.00% | | | | Grilled Veggie | 30 | 16.67% | | | | Veggie Only |
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1. Refer to the KOF Index of Globalization prepared by the KOF Swiss Economic Institute (enter KOF Index of Globalization at globalEDGE). The index uses three different dimensions to measure globalization: economic globalization‚ political globalization and social globalization. Please explain what each dimension represents in detail and why each is important for a nation to achieve a substantial presence in the global economy. 2. Visit the U.S. Department of Commerce website (www.doc.gov). Identify
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X 120C Intermediate Accounting Theory & Practice Winter 2013 Quiz 2 Chapter 20 Chapter 21 True-False Conceptual – 40 questions Multiple Choice Conceptual – 40 questions STUDENT NAME:__RUPALI KAYPEE_______________________________ TRUE-FALSE—Conceptual Chapter 20 1. A pension plan is contributory when the employer makes payments to a funding agency. F 2. Qualified pension plans permit deductibility
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Workshop 1 – Chapters 1-3 Exercise 2-2 (15 minutes) | | Product Cost | Period Cost | 1. | The cost of the memory chips used in a radar set | X | | 2. | Factory heating costs | X | | 3. | Factory equipment maintenance costs | X | | 4. | Training costs for new administrative employees | | X | 5. | The cost of the solder that is used in assembling the radar sets | X | | 6. | The travel costs of the company’s salespersons | | X | 7. | Wages and salaries
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(* Coursera Programming Languages‚ Homework 3‚ Provided Code *) exception NoAnswer datatype pattern = Wildcard | Variable of string | UnitP | ConstP of int | TupleP of pattern list | ConstructorP of string * pattern datatype valu = Const of int | Unit | Tuple of valu list | Constructor of string * valu fun g f1 f2 p = let val r = g f1 f2 in case p of Wildcard => f1 () | Variable x => f2 x | TupleP
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Chapter 19: Accounting for Income Taxes Fundamentals of Accounting for Income Taxes * Intro * Pretax Financial Income- income before taxes‚ income for financial reporting purposes‚ income for BOOK purposes * Determine according to GAAP * Taxable Income- amount used to compute income taxes payable * Determine using Internal Revenue Code (tax code) * Differences arise for a simple reason‚ for financial reporting purposes companies use the full accrual
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3-23 a.2 b.4 c.3 3-24 a.3 b.4 c.1 3-25 a.3 b.2 c. 3 3-26 a. The auditor cannot say the financial statements are correctly stated. Things could change during the audition period. And there are some parts that auditor does not responsible for. Because we cannot audit every single thing. b. It does not say which accounting principles to follow. c. Sorry I don’t know the answer. d. Write down the CPA firm rather than the name of the CPA because it’s the firm to take responsible rather
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