SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000 per year for quality inspection
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“Growth vs Fixed Mindset” Keeping a positive attitude‚ having perseverance and staying motivated while attending school is paramount to achieving educational success. However‚ what if I told you there is an idea more powerful than any of these notions‚ one that is a game changer‚ both academically and in life‚ AND that we are in complete control of it. This idea is how we perceive our brains and whether our intelligence is something that is fixed or something that can grow and change. “In a fixed mindset
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Running head: ACCOUNTING BASIS Accrual Basis and Cash Basis Accounting Paper University of Phoenix ACC 290 Pretty much any and all businesses need feedback to see how they are doing and determine if any changes are necessary. This information comes as a result of accounting practices. This information is so crucial that a set of rules have been established to make sure that the information is not only properly represented but in a uniform that is easy to understand
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Assumptions made: 1. In the case we were given 4 positions‚ we took into consideration the Total Cost to Company (TCC) for each position to decide upon the hierarchy in organization XYZ. The hierarchy is shown in the descending order below: Job Positions | Total Cost to Company | Head Finance | 3746 | General Manager- Finance | 2251 | Senior Manager Finance & Accounts | 1063 | Manager Finance & Accounts | 0526 | 2. We assumed that the post of the Senior Manager Finance
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Mindset A fixed mindset can truly influence your life and everyday decisions. When you have a mindset you believe you are or are not good at something. If someone tells another person something negative or positive about something it can change the way they think about it before they even have experienced it. In the article kids were put in a room to do a puzzle and they weren’t getting it right‚ but they weren’t upset about it they just said to themselves it’s a learning experience. Many people
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Furthermore‚ Per Seyersted’s work said‚ “ Kate Chopin concentrates mainly on the biological aspects of woman’s situation‚ while the other writers are more concerned with the socioeconomic forces shaping her life.” The Awakening is divergent to Sister Carrie‚ Maggie‚ Rose and McTeague. By comparing those literary novels‚ readers are able to see that women tend to indulge in wealth‚ men‚ and materialistic goods‚ unlike Edna in The Awakening‚ who was able to avoid wealth and lived in pigeon house. Per Seyersted’s
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products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products on the basis of a single variable that costs over a given time span (cost driver) that is closely related to production
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Chemical Basis of Life Chemistry Atoms – smallest particle of an element Subatomic particles: * Protons * Neutrons * Electrons Molecules – a unit formed by 2 or more atoms joined together Elements Compounds Mass Weight Inorganic Compounds – molecules that do not necessarily contain a carbon Organic Compounds – always contain large amounts of carbon * theses are the molecules composing living things – organisms Biologically important Inorganic Molecules
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WORKING CAPITAL AND FIXED CAPITAL AND ITS ADVANTAGES Introduction: A firm requires funds to acquire two types of assets : fixed assets and current assets .Fixed assets include land biulding ‚ plant‚ and machinary ‚ vehicles ‚ equipment etc.These assets relatively permanent in nature and are necessary for carrying on the bussiness .Current assets ‚on the other hand ‚are kept for supporting day-to-day operations and keep changing during the course of the business.They liquidated within short period
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following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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