Question 1 a) On January 1‚ 2011 the Batista Company budget committee has reached agreement on the following data for the 6 months ending June 30‚ 2011: Sales units: 1st quarter – 5 000 2nd quarter – 6 000 3rd quarter – 7 000 Ending raw materials inventory – 50% of the next quarter ’s production requirements. Ending finished goods inventory – 30% of the next quarter ’s expected sales units. 3rd quarter actual production – 7 250 units Three pounds of raw materials
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Problem 1 A. Overhead: Department Rates Production Departments Assembly Packaging Total Overhead $216000 $50400 $720000 Direct labor hours Deluxe 10000 10000 20000 Regular 150000 10000 160000 Total DL 160000 20000 180000 Machine hours Deluxe 2000 8000 10000 Regular 8000 72000 80000 Total machine
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Weekly Chapter Questions (Wk2) Chapter 1 1. What are three major attractions of careers in supply management? Listed below are three attractions of careers in supply management: Responsibility/Experience: The amount of responsibility as well as the experience you will endure and gain is immense. In some cases‚ it may be rather daunting; however‚ it is well worth it. The knowledge gained‚ will only make you a better and well-rounded individual‚ as you become a procurement aficionado. Team Oriented:
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STUDY GUIDE: Chaps. 2 GEOL 111G-Survey of Geology At the end of each chapter are Review Questions and Key Terms. To study for the final‚ be sure to know the answers (or where to find the answers) for the given review question numbers and know the definitions of the key terms indicated. The Key Terms have page numbers for reference in the textbook. CHAPTER 2 Review Questions: #’s are based upon the 10th edition. These may be different in older or newer editions. 2. What was the first line of
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Chapter 1 STUDY QUESTIONS 1. List five job titles that require textile knowledge. For each‚ state a brief description of the duties and the name of a company that would have such a position (Feel free to research any trade periodicals listed in Appendix of text). 2. Over the past two decades there has been a decrease in the quantity of woven apparel fabrics made in the United States. Why? 3. A curtain manufacturer wants to purchase 10‚000 yards of a printed chintz fabric. Explain
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Management Accounting II Assignment I Marston Corporation manufactures disposable thermometers that are sold to hospitals through a network of independent sales agents located in the United States and Canada. The sales agents sell a variety of products to hospitals in addition to Marston’s disposable thermometer. The sales agents are currently paid an 18% commission on sales‚ and this commission rate was used when Marston’s management prepared the following budgeted income statement for the upcoming
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accounting quiz 1 [pic] 1 The primary purpose of accounting is to determine whether the business entity is profitable or unprofitable in its operations. A) True B) False This is the correct answer. Feedback: The primary purpose of accounting is to provide information that is useful for decision-making purposes. Accounting is ’not an end’‚ but rather it is a ’means to an end.’ LO 1 2 Costs‚ prices‚ sales volume‚ profits‚ and return on investment are all accounting measurements. A) True
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CHAPTER II Review of Related Literature and Studies This chapter presents a brief discussion of the literature reviewed by the researchers which further enriched the conceptualization of the study and helped in describing the cognitive design that guided the conduct of the researcher. Foreign Literature Inventory Systems Summary According to the U.S. Small Business Administration‚ “Inventory refers to stocks of anything necessary to do business” (U.S. Small Business Administration
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Imperial College Business School‚ London 18th December 2014 Group Assignment Management Accounting Submitted to: Professor Jeremy Fernando Submitted by: Group E‚ Stream 2 Alaine Sung | Hadrien Jacomino | Mokhtar Ibrahim | Nikhil Gangwani | Ronami Ogulu | Yana Kim Q1 What‚ if anything‚ should John Powell do about Frank Duffy’s reluctance to use KEA-priced linerboard manufactured by a Del Norte Paper Company mill in the United States? Answer 1: Transfer pricing: is
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One historian has remarked that Bacon’s Rebellion was “a rebellion with abundant causes but without a cause.” Do you agree? What were the causes of Bacon’s Rebellion? Did Nathaniel Bacon have a cause? Did William Berkeley? In 1676‚ Nathaniel Bacon marched into Jamestown‚ Virginia alongside 600 men ready to fight‚ demanding a military commission. After threatening William Berkeley‚ the Governor of Virginia and Nathaniel’s own cousin‚ Bacon was given a military commission. “In the following months
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