|X | | |4. |Salaries of personnel who work in the finished goods warehouse | |X | |5. |Soap and paper towels used by factory workers at the end of a shift |X | | |6. |Factory supervisors’ salaries
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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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ANALYSIS TOOLS Darlene Jaques AIU Online ABSTRACT In this paper you will learn about an unusual or conflicting accounting principle that has impacted Apple Inc. We will review and analyze the organizations published accounting statements of the last two years. Well will also be identifying the core functions of each department‚ their strengths and weaknesses‚ and make recommendations for improvement it is needed. Then we will identify and describe the underlying problem or conflict and compare
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Chapter 1--Introduction to Accounting Information SystemsChapter 1--Introduction to Accounting Information Systems Student: ___________________________________________________________________________ 1. The three themes of the text are operating systems‚ e-business‚ and internal control. True False 2. In an assurance service the accountant will provide the original information used for decision making. True False 3. Information systems reliability and electronic commerce have
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In chapter five of Frankenstein‚ the image of the weather and the creature before it comes to life creates an exciting‚ emotional atmosphere the contrasts Victor’s feelings of depression and disgust after the creature comes to life. Victor begins to describe the scene by saying the ¨the rain pattered dismally against the panes”(Shelly 42). Although this trivial detail appears irrelevant to the creation‚ a small feature like the rain in this instance builds up the anticipation because the detail of
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Chapter 1 Financial Accounting and Accounting Standards Intermediate Accounting‚ 15th Edition Kieso‚ Weygandt‚ and Warfield 1 Financial Statements and Financial Reporting • Goals or purpose of (financial) accounting – Identification‚ measurement‚ and communication of financial information about – An economic entity to – Interested Parties (internal and external) • Creditors‚ managers‚ unions‚ government agencies Financial reports (statements) & notes 2 Financial Statements
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Chapter 1 Cost Accounting: Information for Decision Making Solutions to Review Questions 1-1. Financial accounting is designed to provide information about the firm to external users. External users include investors‚ creditors‚ government authorities‚ regulators‚ customers‚ competitors‚ suppliers‚ labor unions‚ and so on. Cost accounting systems are designed to provide information to internal users (managers). This difference is important‚ because it affects the design of the systems. Financial
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CHAPTER 1 Financial Reporting and Accounting Standards ASSIGNMENT CLASSIFICATION TABLE Topics Questions Cases 1. Global markets. 1 2. Environment of accounting. 2‚ 3‚ 4 4‚ 5‚ 7 3. Objective of financial reporting. 5‚ 6‚ 7‚ 8‚ 9‚ 10 2 4. Standard-setting organizations. 11‚ 12‚ 13‚ 14‚ 15‚ 16‚ 17‚ 18 1‚ 3‚ 6 5. Financial reporting challenges. 19‚ 20‚ 21‚ 22‚ 23‚ 24‚ 25 8‚ 9‚ 10 6. Ethical issues. 25 11‚ 12 Copyright
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CHAPTER 5: PRETRIAL PROCEDURE IN CRIMINAL CASES All criminal cases have a PRETRIAL hearing at magistrates court. This will very rarely be the only hearing - only where the person pleads guilty‚ no further enquiry is needed and the person already has or does not want legal rep. Final trial will be in either mag. or crown court Summary offences: nearly all driving‚ common assault‚ criminal damage under £5000 Can be dealt with in first hearing but unlikely‚ may need to gather evidence of root guilty
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Chapter 5 : Philippine Values VALUES - Comes from the Latin word “valere”‚ which means to be strong or to be worth. -Those standards by which a group of society judges the desirability and importance of people‚ ideas‚ actions or objects. -shared conceptions of or beliefs in what are considered desirable or undesirable. - Something deserving of one’s best effort‚ something worth living for‚ and if need be worth dying for. DEFINITION OF VALUES - Enduring conception of the preferable which influences
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