CHAPTER 20 Job Order Cost Accounting ASSIGNMENT CLASSIFICATION TABLE Brief Exercises A Problems B Problems Study Objectives 1. Explain the characteristics and purposes of cost accounting. Describe the flow of costs in a job order cost accounting system. Explain the nature and importance of a job cost sheet. Indicate how the predetermined overhead rate is determined and used. Prepare entries for jobs completed and sold. Distinguish between under- and overapplied manufacturing overhead. Questions
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Losing a job Work is extremely important to anyone who needs money. For me‚ I like to work every weekend here in America. I have two jobs‚ one in the hotel another in restaurant. When I was living in Saudi Arabia with my family‚ I had been working with my father in his company. I was the manager in one section there. I was not feeling comfortable because sometime I worked for free. When I asked my father about my money; he always said no money between son and his father; otherwise‚ this
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Ample evidence in previous research suggests that jobs that have high degree of skill variety‚ task significance‚ task identity‚ autonomy and feedback result in higher intrinsic rewards among job incumbents. The theory has been tested in recent studies conducted within contemporary work settings and the outcomes are still consistent with the prior findings (De Varo‚ et.al. 2001). All these research found that job incumbents tend to experience improved job performance resulting in positive internal reinforcement
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several questions arise. Such as‚ what does a workers expect from job up to organization ? How do attitudes of workers effect from quantity up quality of products ? What do they think about the management ? Etc the answer of all these questions may be that they think favorable if they are satisfied with the job or if they are unsatisfied or dissatisfied they think unfavorable. Thus job-satisfaction is the key to main problem. Job satisfaction is derived from the Latin word “Satis” and “facere” which
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What five adjectives describe you best? First of all my Self-discipline‚ Honesty at all time‚ Loyalty to my Job‚ Love for what im working and Skills in enhancing my career. Why should I consider you for this position? Because I prefer to‚ and I have a specializing skill which can handle that work accordingly and properly Why are you the best candidate for this position? Because I finish my studies for that career and probably I have many skills relating to that position Tell me about the
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How to Conduct Job Analysis Effectively by I - Wei Chang and Brian H. Kleiner How to Conduct Job Analysis Job Analysis is a systematic process of obtaining valid job information to aid management in decision-making. Each component of this definition is critical; for example “systematic process” means the job analysis is carefully planned to meet specific objectives. Systematic process is implemented in such a manner that it ensures employee co-operation‚ and utilises job analysis methods that are
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All people have their own jobs and lifestyles. Some of them are workmen‚ a lot of people work as clerks‚ others are directors and managers. Some jobs require great effort from us like working in a mine or on the oil platform. Many people‚ who work as‚ for example‚ tour guides or managers have to go abroad and visit many different places all the time. A lot of people don’t have enough time for their families because they devote it to their work. Nowadays many people suffer from stress. It also is
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The Effect of Job Involvement on Correctional Staff Eric G. Lambert The driving force of corrections is the staff of correctional facilities. It is important to understand how the work environment shapes the attitudes of correctional staff; yet‚ the effect of job involvement on correctional employees has received little‚ if any‚ attention. Most of the research to date has focused on job stress and job satisfaction among correctional staff. Only recently has there been research on other important
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Does job satisfaction lead to job performance or does job performance lead to job satisfaction? Personally‚ I think that job satisfaction leads and affects directly job performance. I believe that a happy worker is a good worker. The work environment can influence a lot an employee’s productivity and performance. Job unsatisfaction can lead to absenteeism‚ to a lack of motivation and work‚ and it might influence negatively the productivity of the worker and the performance of the company.
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Job-hopping – Is It Good or Bad? It is barely get to hear of a person who started their career with an organization many years back‚ dedicated his entire career with the organization and finally retired from the same organization. As it is said‚ nothing last forever; same is in the case with job these days. Jobs today do not last unlike previous generations. In the past few years‚ job-hopping has become so widespread across the industries that even a four years stint in the same organization
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