American University in Cairo (AUC) Managerial Accounting ACCT (202) Dr.Mona ElBannan Spring 2012 HANDOUT CHAPTER 5 JOB COSTING AND PROCESS COSTING Product Costing Systems Companies use various product systems to accumulate‚ track‚ and assign the costs of production (direct labor‚ direct materials‚ and overhead costs) to the goods produced & services provided by the company. Reasons behind determining the cost of the product: 1- Pricing decisions made by the marketing manager
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MOTIVATE MY LEARNERS AND DEVELOP MUTUAL RESPECT AND TRUST A I motivate my learners and develop mutual respect and trust‚ by ensuring that my knowledge of the NVQ standards are up to date‚ I have standardisation meetings regular with other agencies‚ and look on the internet at city and guilds up dates‚ to make sure we are all working to the same standards and up dates have been done. I give my learners a good understanding of the NVQ‚ and how it is important in their area of work‚ as it is
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Don Daniel A. Molina SPEECOM C35 ------------------------------------------------- Persuasive Speech on Sex Education at School Should children be given sex education in schools‚ or should this be the responsibility of the parents? Thesis Statement: Sex‚ as serious and important to discuss‚ is still a very uncomfortable topic for teenagers to discuss; this speech will persuade the audience that sometimes‚ some things are best discussed at the comfort of a child’s home rather than the company
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THE DEFINITION OF EDUCATIONAL TECHNOLOGY Educational technology is a wide field. Therefore‚ one can find many definitions‚ some of which are conflicting. Educational technology can be considered either as a design science or as a collection of different research interests addressing fundamental issues of learning‚ teaching and social organization. Nevertheless‚ there are a few features on which most researchers and practitioners might agree: 1. Use of technology is principled: Technology means
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Student Name: Ashriel Gonzalez Date: 8/27/13 Session: Beginner Drivers Teachers: Mrs. Fiedler Remember‚ to receive full credit‚ answers must be given in 3-5 sentences. 1. What are blind spots? How can you reduce the size of the blind spots? A blind spot is a spot in the mirror where can’t see the person in the lane next to you. To reduce the blind spot you may adjust your rearview mirror. You can also adjust your side mirror. 2. What is the proper hand position on the steering wheel
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Chapter 14 Financial Statement Analysis True / False Questions 1. Vertical analysis compares the results of financial information with a business in the same industry for a number of consecutive periods of time. True False 2. The quick ratio is especially useful in evaluating the liquidity of a company with fast moving inventories. True False 3. Deducting the cost of goods sold from net income gives us operating income. True False 4. The gross profit rate is
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insurance company to obtain a cost estimate. How much will you be expected to pay monthly or annually? 4. If you drive 50 miles each week and your car gets 25 miles to the gallon with gas costing $4.00 per gallon‚ how much gas will you have to buy? 5. If you get paid $8.00 per hour at your job and insurance is $200 a month‚ how many hours will you have to work to pay for insurance? 6. Will your parents set restrictions on your driving such as the hours of the day you can drive or how many passengers
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Chapter 3 continued... Every acct on adj trial bal is used only once in creating first 3 financial stmts. Point of closing is to bring RE up to date - in doing that‚ we zero out temp accts. 4 kinds of closing entries: 1) close out Revenue - debit Rev CR Income Summ (normal credit bal) (only exists long enough for closing entries) - companies may be closing hundreds of rev or exp accts 2) close out Expense accts - list every single acct DR Income Summ CR Exp accts 3) DR Income Summ
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Chapter Five Questions 1. What is Matriarchal Culture? Base on the text‚ matriarchy means “rule by mothers”. (Wood 121). It is a culture where women are the primary leaders in the family rather than men (patriarchal). “Numerous very successful cultures have been matriarchal‚ going back to the most ancient of times‚ to include Egypt‚ China‚ and numerous North American First Nations tribes as examples. In these cultures‚ succession (who inherits what) was through the daughter‚ rather than the
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CHAPTER 10 QUIZ 1. A mixed cost function has a constant component of $20‚000. If the total cost is $60‚000 and the independent variable has the value 200‚ what is the value of the slope coefficient? a. $200 b. $400 c. $600 d. $40‚000 2. [CMA Adapted] Of the following methods‚ the one that would not be appropriate for analyzing how a specific cost behaves is a. the scattergraph method. b. the industrial engineering approach. c. linear programming. d. statistical regression analysis.
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