EBF2043‚ Sem 2‚ 2012/13 Group Assignment AstaPack manufactures medicines that are related to allergy sickness which is packaged into the Breathe product line and the TravelPack line. The company sells large commercial containers of 1‚200 capsules to health care facilities and travel packs of 40 capsules to shops in airports and hotels. The finance manager has just returned from an ABC seminar and has been asked to assist in the development of an ABC system in the organization. The following
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1) Before answering this question lets review the job and process costing sytems: Job order cost system: • Jobs are assigned to each job or batch • A job may be for a specific order of inventory Process cost system : • This cost system is generally used when a large volume of similar products are manufactured Answers: a. A custom yacht builder – job order costing b. A golf course designer – job order costing c. A potato chip
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ACC201 Principles of Managerial Accounting Assignment Type: Individual or Group Words: 1500 words for individual or 2800 or 4200 words for a group of two or three members‚ respectively. Presentation: Both hardcopy and softcopy should be presented on the due date. The hardcopy should handle to me and the softcopy to the Turnitin (as software to check out the plagiarism)by the due date. The instruction for how to submit to the Turnitin will be provided you later through my web space.
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MANAGERIAL AND COST ACCOUNTING LARRY M. WALTHER & CHRISTOPHER J. SKOUSEN DOWNLOAD FREE TEXT BOOKS AT BOOKBOON.COM Managerial and Cost Accounting © 2009 Larry M. Walther‚ under nonexclusive license to Christopher J. Skousen & Ventus Publishing ApS. All material in this publication is copyrighted‚ and the exclusive property of Larry M. Walther or his licensors (all rights reserved). ISBN 978-87-7681-491-5 Download free books at BookBooN.com 2 Managerial and Cost Accounting
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Module 1 SLP Assignment Managerial Accounting ACC202 Ryan M. Deichert 25 Nov 2013 My Employer Boeing This paper is going to give description of the company I work for currently. Within this description I will discuss my job within the company and how it affects managerial accounting. Also explained throughout will be how managerial accounting is used as far as planning and controlling. Lastly I will us some comparisons of other companies and the differences with
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SOLUTIONS TO PROBLEM SET A PROBLEM SET A 2.1 (b) Service Revenue $19‚000 Expenses: Salaries Expense $1‚200 Rent Expense 400 Advertising Expense 1‚300 2‚900 Profit $16‚100 OR Increase in Retained Earnings ($15‚700 - $0) $15‚700 Add: Dividends 400 Profit $16‚100 PROBLEM SET A 2.2 (a) Bell Consulting Pty Ltd Assets Liabilities Equity Date Cash + Accounts Receivable + Supplies + Office Equipment
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The Manager and Management Accounting BUSI 0028 Sem 2‚ 2012/13 Dr. Olivia Leung © 2012 Pearson Education. All rights reserved. Accounting Discipline Overview Managerial accounting—measures‚ analyzes‚ and reports financial and nonfinancial information to help managers make decisions to fulfill organizational goals. Managerial accounting need not be GAAP compliant. Financial accounting—focus on reporting to external users including investors‚ creditors‚ and governmental
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Chapter 1—Introduction to Managerial Accounting TRUE/FALSE 1. Management accounting information is only used by manufacturing organizations. ANS: F PTS: 1 DIF: Difficulty: Easy OBJ: LO: 1-1 NAT: BUSPROG: Analytic STA: AICPA: BB-Industry | IMA: Business Applications | ACBSP: APC-25-Managerial Characteristics/Terminology KEY: Bloom’s: Knowledge NOT: 1 min. 2. The managerial activity of monitoring a plan’s implementation and taking corrective action as needed is referred to as decision making
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managerial accounting 9th edition‚Ronald 03. Sadler Corporation purchased equipment to be used in manufacturing. The purchase was made at the beginning of 2006 by paying cash of $150 000. The equipment has an estimated residual value of 10‚000 and an expected useful life of 10 years. At the beginning of 2008‚ Sadler concluded that the total useful life of the equipment will be 8 years rather than 10‚ and that the residual value will be zero. Sadler uses the straight-line method for depreciation
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Managerial accounting principles are utilized on a daily basis by managers and accounting professionals to assist them in making sound decision for companies. The company’s management collects and analyzes data to meet specific needs in different areas of operations. Four important areas management and accounting professionals concentrate on include budgeting‚ forecasting analysis and projection. Budgeting takes place at the onset of the fiscal year. Managers and accountants work in tandem
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