manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk costs. LO8
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accountants‚ providing they were based on the same set of accounting standards C. They are based on hard‚ objective‚ evidence D. All of the given options are correct 3. Which of the following statements is true about the regulation of accounting practice in its early period of development? A. Accounting was largely determined by accounting theory B. Accounting was largely determined by accounting standards issued by the accounting profession C. Accounting was largely
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INTRODUCTION A Pizza store is an establishment wherein pizza – an oven-baked‚ flat‚ round bread typically topped with a tomato sauce‚ cheese and various toppings is made and sold. Pizza stores become emerging fast food in urban area‚ just by hearing the word "pizza" brings a smile to the face of just about every Filipino. Whatever style or variety pizza invariably makes it to the top of their "favorite food" lists. Some entrepreneurs and companies decided to concentrate on pizza because they found
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English 101 02-17-2014 Double Standards Do you have a pet peeve? If so‚ what is it? Is it that of people talking on their cell phone while in the checkout line in a grocery store? Or‚ drivers not using their blinkers while changing lanes? Well‚ one of my biggest pet peeves is double standards or hypocrites. It really bothers me when people say one thing and with their actions do the exact opposite. In the book King Leopold’s Ghost‚ there are three characters that display the most hypocrisy
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Crusty Pizza Restaurant: Forecasting using Regressions Group One: Jenna Baseler and Zachary Kain MBA 610-T304 Introduction The purpose of this case is to determine which key variables drive Crusty Pizza Restaurant’s monthly profit and then forecast what the monthly profit would be for potential stores. Based off of this information we will be able to make a recommendation to Crusty Dough Pizza Restaurant on which stores they should open and which they avoid. The group was provided 60 restaurants’
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Standard 1: understand the principles and values essential for working with children and young people a. Think of a particular situation when you were able to treat children‚ young people‚ their families and their carers with respect. b. Now think of another situation when you were able to treat children‚ young people‚ their families and their carers as equals We had an occasion when a YP was asking me to take her to her grandparents’ house to collect some items that she had left there a couple of
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Case 33: California Pizza Kitchen California Pizza Kitchen (CPK) was co-founded in 1985 in Beverly Hills‚ California by Rick Rosenfield and Larry Flax. Rosenfield and Flax both hold the title of Co-President‚ Co-CEO‚ and Co-Chairman of the Board of Directors for California Pizza Kitchen. Susan Collyns‚ Chief Financial Officer‚ currently leads the financial team at California Pizza Kitchen which is faced with reducing the corporate income-tax liability while balancing the goal of the management
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Standard 3 Area of Knowledge 1 The health & Safety Laws that apply to my working environment are: Health & Safety at work Act 1974 COSHH 2002 RIDDOR (reporting of injuries‚ diseases and dangerous occurrences) If a hazardous substance such as bleach is not used appropriately and stored correctly it could become a risk to a YP if used inappropriately. This would come under COSHH Not reporting a serious injury a YP or member of staff sustains is breaking the law and regulations. An
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1. If a CPA recklessly departs from the standards of due care when conducting an audit‚ she or he will be liable to unknown third parties based on a. strict liability c. negligence b. gross negligence d. breach of contract 2. Under the common law‚ which of the following statements most accurately reflects the liability of a CPA who fraudulently gives an opinion on an audit of a client’s financial statements? c. The CPA is liable only to third parties in privity of contract
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Values and Ethical Standards I come from a home that was family oriented at least to the public eye. The negativity in my life shaped me to value the positive aspects of what I would like my life to be. My mother was a recovering alcoholic and a push-over‚ my step-father was an ex-con and racist‚ my biological father was handicapped but brilliant‚ and my step brother and sister were spoiled and defiant! I grew up in East Palo Alto‚ California the murder capitol of the nineteen-nineties and the
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