| | Instructor Explanation: | (a) $776‚000 / (17‚500 * $10.00) = 443% (b) $776‚000 / 17‚500 = $44.34 DLH (c) $776‚000 / 105‚000 = $7.39 per machine hour | | | | Points Received: | 6 of 6 | | Comments: | | | | 3. | Question : | (TCO 1) List and briefly describe four of
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Chapter 3 Financial Statements‚ Cash Flow‚ and Taxes Learning Objectives After reading this chapter‚ students should be able to: ◆ Briefly explain the history of accounting and financial statements‚ and how financial statements are used. ◆ List the types of information found in a corporation’s annual report. ◆ Explain what a balance sheet is‚ the information it provides‚ and how assets and claims on assets are arranged on a balance sheet. ◆ Explain what an income statement
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stfx university | Accounting For Leases | Capital Vs. Operating Leases | | 200906027 | 11/16/2010 | This paper will outline the differences in accounting treatment of and criteria for determining whether leases should be accounted for as either a capital lease or an operating lease. I will be limiting my discussion to the accounting treatment of leases by the lessee. This paper will discuss the current accounting treatment for the two types of leases according to Canadian GAAP and
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------------------------------------------------- Subject: Managerial Accounting Case 1 Seligram In the Seligram case‚ the existing cost accounting system measured two components of cost: direct labor and burden. All burden cost‚ which is the overhead‚ was grouped into a single cost pool and was calculated only by using a burden rate per direct labor dollar. This may cause problems since direct labor and overhead are not consumed by the products in the same proportion. Simply using the same burden
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the principle that there is ____ relationship between the price of a good and the quantity buyers are willing to purchase in a defined time period‚ ceteris paribus. a.a directb.noc.an inversed.independent ANS C PTS 1 DIF E TOP Law of demand TYP RE 3. The law of demand refers to the a.inverse relationship between the price of a good and the willingness of consumers to buy it.b.price increase that results from an increase in demand for a good of limited supply.c.inverse relationship between the price
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Managerial Accounting 10th of March Anhar Hardjakusumah Understanding Cost Concepts Cost Terminology Product (Manufacturing over(head+ direct labor and materials) and Period Cost (selling + administrative) Variable and Fixed Cost Direct and Indirect Cost Controlable and uncontrollable cost Differential (the difference between the cost of two alternative decisions) Marginal (the change in the total cost that arises when the quantity produced has an increment by unit. That is‚ it is the cost of
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CHAPTER 2 The Financial Statements BRIEF EXERCISES BE2–1 2008 2008 2008 Beginning Ending Retained 2008 2008 2008 Retained Earnings + Revenues – Expenses – Dividends = Earnings $28.2 + $43.3 – $38.2 – X = $30.6 X = $2.7 2008 Dividends as a percentage of 2008 net income: 2008 Dividends = $ 2.7 = 52.9% 2008 Net income ($43.3-$38.2) $ 5.1 BE2–2 1) Current Liabilities financed $32 billion of the
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Software development for any fair-sized project will inevitably include a number of tasks that have complexities that are difficult to judge because of the complexity of software systems. Hardware Cost Estimation Devices Specification Cost Samsung Series 3 NP350E4C-S04PH OS: Win8 64bit Single L‚ CPU: Intel Core 3210M‚ 4GB DDR3 RAM‚ AMD HD 7670M GDDR3 2GB‚ HDD 750GB‚ 14’0 ANTI-REF SCREEN P36‚000 Logitech Wireless Combo MK220 Keyboard K220 2 AAA Batt‚ Mouse M150 2 AA Batt‚ USB Receiver P1‚000 Software Cost
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Quiz 3 Name ______________________________ Class Number _________________ 1. Let X be a random variable with Cumulative Distribution Function (CDF) below. Answer the following probability questions: (You must write out CDF notation) – such as 1 2 3 4 5 6 7 8 9 10 .02 .09 .15 .41 .51 .66 .73 .97 .98 1.0 a) Answer _______________________ c) Answer _______________________ d) Answer _______________________ e) Answer _______________________
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customer loyalty‚ and perhaps most importantly‚ human capital. These intangible assets are likely to provide tremendous earnings growth in the future which determines the company’s market value. Notice also that the company’s choice of conservative accounting policies has the effect of depressing the company’s book value of equity. 2. What effect did Microsoft’s software capitalization policy have on its financial statements? Ignore any potential tax effects. a. Assume that 60% of Microsoft’s
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