Explain what posting is and how it helps in the recording process. Prepare a trial balance and explain its purposes. Questions 1 Brief Exercises Exercises 1 A Problems B Problems 2. 2‚ 3‚ 4‚ 5‚ 6‚ 7‚ 8‚ 9‚ 14 1‚ 2‚ 5 2‚ 4‚ 6‚ 7‚ 14 1A‚ 2A‚ 3A‚ 5A 1B‚ 2B‚ 3B‚ 5B 3. 10‚ 19 4 6‚ 7 4. 11‚ 12‚ 13‚ 14‚ 16 3‚ 6 3‚ 5‚ 6‚ 7 10‚ 11‚ 12 1A‚ 2A‚ 3A‚ 5A 1B‚ 2B‚ 3B‚ 5B 5. 17 8 6. 15‚ 17 7‚ 8 9‚ 12 2A‚ 3A‚ 5A 2B‚ 3B‚ 5B 7. 18‚ 20 9
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Direct materials cost per unit ($750‚000 ÷ 10‚000) $ 75.00 Conversion cost per unit ($798‚000 ÷ 10‚000) 79.80 Assembly Department cost per unit $154.80 2a. Solution Exhibit 17-16A calculates the equivalent units of direct materials and conversion costs in the Assembly Department of Nihon‚ Inc. in February 2009. Solution Exhibit 17-16B computes equivalent unit costs. 2b. Direct materials cost per unit $ 75 Conversion cost per unit 84 Assembly Department cost per unit $159
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References: Managerial Accounting [VitalSouce bookshelf version]. Retrieved from http://digitalbookshelf.argosy.edu/books/0077588002/id/ch02ufn2
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artificial flower manufacturing company situated in Monaragala with 350 total workforces. It provides artificial flowers for local and international markets. This has five functional departments namely Purchasing‚ Sales and Marketing‚ Production‚ Accounting and HR. They got a decision to increase production in 14% by last year onwards and an incentive program also implemented. When the carder produces more than the original target‚ company granted 10%-15% additional incentive. After 6 months company
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relationship to globalization? 2. Why are information systems so essential for running and managing a business today? 3. What exactly is an information system? How does it work? What are its people‚ organization‚ and technology components? 4. How will a four-step method for business problem solving help you solve information system-relations problems? 5. How will information systems affect business careers and what information systems skills and knowledge are essential? Chapter Outline
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Text and Cases Thirteenth Edition Robert N. Anthony Ross G. Walker Professor Emeritus Graduate School of Business Administration Harvard University David F. Hawkins Lovett-Learned Professor of Business Administration Graduate School of Business Administration Harvard University Kenneth A. Merchant Deloitte & Touche LLP Chair of Accountancy Leventhal School of Accounting University of Southern California McGraw-Hill Irwin Contents PARTI FINANCIAL ACCOUNTING 1 Chapter 1 The
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CHAPTER 4: ACCOUNTING FOR GOVERNMENTAL OPERATING ACTIVITIES ( ILLUSTRATIVE TRANSACTIONS AND FINANCIAL STATEMENTS Solutions to Exercises and Problems 4-2. 1. a. 6. a. 2. c. 7. c. 3. d. 8. c. 4. b. 9. b. 5. d. 10. b. Ch. 4‚ Solutions (Cont’d) 4-3. a. Calculation of Estimated Required Tax Anticipation Financing Estimated Expenditure Requirements: Budgeted expenditures‚ remainder of FY 2011 $2‚470‚000 Current liabilities
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Name Chapter 4--Profitability Analysis Description Instructions Modify Add Question Here Question 1 Multiple Choice 0 points Modify Remove Question One important difference between return on assets (ROA) and return on common shareholder’s equity (ROCE) is Answer ROA does not differentiate based on how a company finances its assets‚ ROCE does. ROA does not distinguish between the different types of income items‚ such as income from continuing operations‚ discontinued
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CHAPTER 6 MASTER BUDGET AND RESPONSIBILITY ACCOUNTING 6-16 (15 min.) Sales budget‚ service setting. 1. |McGrath & Sons |2009 Volume |At 2009 |Expected 2010 |Expected 2010 Volume | | | |Selling Prices |Change in Volume | | |Radon Tests |11‚000 |$250 |+5% |11‚550
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8/26/11 The 14th Amendment Before the time of the fourteenth amendment the only people that were protected under the Bill of Rights was the white men. Once the Emancipation Proclamation passed the government thought that it would be beneficial to have in writing that the blacks had equal rights to the white male. This was not the only important addition to the constitution with the passing of the fourteenth amendment‚ but it was the major one. Another change in the 14th amendment described
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