ACCT 2332 Managerial Accounting Instructor Dr. Michael Yampuler E-mail: myampuler@uh.edu Office: 380K MH Managerial accounting helps managers make decisions A company manufactures a cell phone. It uses machines‚ engineers‚ utilities‚ supervisors etc. How much is the cost of one phone? How much should we sell it for? A footwear company manufactures dress shoes‚ casual shoes‚ and sandals in the same factory. Sandals do not seem to sell well enough. Is it beneficial to discontinue
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chapter 1 (man) MANAGERIAL ACCOUNTING CONCEPTS AND PRINCIPLES discussion questions 1. Financial accounting and managerial accounting are different in several ways. Financial accounting information is reported in statements that are useful to persons or groups outside of a company. These statements objectively report the results of past operations at fixed periods and the financial condition of the business under generally accepted accounting principles. Managerial accounting information
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AP World History Traditions & Encounters Chapter 17 & 20 Ch. 17 & 20 Review Questions Chapter 17 – The Foundations of Christian Society in Western Europe 1. List the different Germanic kingdoms that took over Europe in the 400-500s and explain their importance. The different Germanic kingdoms were Visigoths‚ Ostrogoths‚ Byzantine empire‚ Franks‚ Lombrads‚ Angles‚ and Saxons. These Germanic kingdoms were the successor states of the Roman empire. 2. Which region did the Franks conquer
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Personal Managerial Philosophy A manager is essentially a person that gives direction‚ provides leadership and decides how to use resources to accomplish organizational goals (Daft‚ 2008). As a person having been in the workforce for almost twenty-five years‚ I can say with experience‚ that managers and the methods they use to obtain organizational goals can make the difference between success and failure of a project and even an organization. A managerial philosophy is something that all managers
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Managerial Analysis 17-2 Alberto Nicholas. University of Phoenix ACC561/PD14MBA08 June 18‚ 2015 Dr. Norris Dorsey Managerial Analysis 17-2 A) Compute the activity-based overhead rate for each activity pool. Activity Cost pools Cost Driver Annual Cost Total estimated Drivers Activity-based overhead rate Market Analysis Hours of Analysis $1‚050‚000 15‚000 hours $70.00 Product Design Number of Designs $2‚350‚000 2‚500 designs $940 Product Development Number of Products $3‚600‚000 90 products
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CHAPTER 17 JOB ORDER COST SYSTEMS AND OVERHEAD ALLOCATIONS OVERVIEW OF BRIEF EXERCISES‚ EXERCISES‚ PROBLEMS‚ AND CRITICAL THINKING CASES Brief Exercises B. Ex. 17.1 B. Ex. 17.2 B. Ex. 17.3 B. Ex. 17.4 B. Ex. 17.5 B. Ex. 17.6 B. Ex. 17.7 B. Ex. 17.8 B. Ex. 17.9 B. Ex. 17.10 Topic Accounting for overhead Transferring costs Overhead application rates Actual and applied overhead Selecting a cost system Applying direct labor Applying direct materials Recording manufacturing costs Selecting activity bases
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CHAPTER 17 Investments ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics 1. Questions Brief Exercises Exercises Problems Debt securities. 1‚ 2‚ 3‚ 13 1 (a) Held-to-maturity. 4‚ 5‚ 7‚ 8‚ 10‚ 13‚ 21 1‚ 3 (b) Trading. 4‚ 6‚ 7‚ 8‚ 10‚ 21 4 (c) Available-for-sale. 4‚ 7‚ 8‚ 9‚ 10‚ 11‚ 21 2‚ 10 4 1‚ 2‚ 3‚ 4‚ 7 1‚ 2‚ 3 3‚ 4‚ 5 Concepts for Analysis 1‚ 2‚ 3 1‚ 2‚ 3‚ 5 4‚ 7 1‚ 7 4 1‚ 4 1‚ 4 2. Bond amortization
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proprietorships and partnerships generally have a tax advantage over many corporations‚ especially large ones. | | | | Corporations of all types are subject to the corporate income tax. | | Instructor Explanation: | Chapter 1Explanation: Ch 1: d is correct‚ all others are incorrecta: incorporating provides owners limited liabilityb: sole proprietorship has less regulation than corporationc: In limited partnerships certain partners can be designated general partners and others limited
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Acct 496 CH5 Assignment Kangkang Guo Q1. What is a provision‚ and when must a provision be recognized? Provision provides guidance for reporting liabilities of uncertain timing‚ amount‚ or existence. A provision should be recognized when: 1). The entity has a present obligation (legal or constructive) as a result of a past event. 2). It is probable (more likely than not) that an outflow of resources embodying economic events will be required to settle the obligation. 3). A reliable estimate of
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Absorption Based Costing – Managerial Analysis Liliana Evans ACC 561 11 May 2014 Professor Jill Datema Absorption Based Costing – Managerial Analysis Absorption based costing method (ABC) is used by companies to identify activities that it performs and then assigns direct and indirect costs to the product’s overall pricing. This method helps businesses determine the cost drivers that influence the product’s sales price by increase or decrease. ABC uses cost drivers‚ such
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