BE12-1‚ BE12-4‚ BE12-5‚ BE12-6 Exercise: E12-5 BE 12-1 $450‚000 ÷ $50‚000 = 9 years BE 12-4 | | CashFlows | X | 9% DiscountFactor | = | PresentValue | | | | | | | | Present value of net annual cash flowsPresent value of salvage valueCapital investmentNet present value | | $34‚000 0 | XX | 5.53482 .50187 | == | ($188‚184)( 0)( 188‚184)( 200‚000)($ (11‚816) | The reduction in downtime would have to have a present value of at least $11‚816 in order for the project
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Chapter 3 Solutions‚ 3rd day Exercise 3-13 (15 minutes) 1. | Actual manufacturing overhead costs | | $ 48‚000 | | Manufacturing overhead applied: 10‚000 MH × $5 per MH | | 50‚000 | | Overapplied overhead cost | | $ 2‚000 | | | | | 2. | Direct materials: | | | | Raw materials inventory‚ beginning | $ 8‚000 | | | Add: Purchases of raw materials | 32‚000 | | | Raw materials available for use | 40‚000 | | | Deduct: Raw materials inventory
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1. What is Decision Making? Decision-making is an essential aspect of modern management. It is a primary function of management. A manager’s major job is sound/rational decision-making. He takes hundreds of decisions consciously and subconsciously. Decision-making is the key part of manager’s activities. Decisions are important as they determine both managerial and organizational actions. A decision may be defined as "a course of action which is consciously chosen from among a set of alternatives
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Chapter 15: Decision Making Models and Knowledge Management 1) Why are knowledge management and decision making processes important in the study of accounting information systems? Knowledge management and decision making processes are important in the study of accounting information systems because these are concepts that are able to improve the processing of financial data. By making the process of financial data more efficient‚ these concepts assist managers in making accurate decisions for
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Case Study in Managerial accounting Case 1: Southwest Airlines Part A : General Information Company Name: Southwest Airlines Co. Company is traded on the New York Stock Exchange trade market (NYSE) with symbol LUV. Corporate Headquarters are located at the physical address: 2702 Love Field Drive‚ Dallas‚ Texas 75235. Corporate Web Site: http://www.southwest.com. Corporate Web Site for business travelers: http://www.swabiz.com/ Industry Classification Company operates in the Industrial
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5-5 Production Report‚ No Beginning Inventory Wantler Company Mixing Department ------------------------------------------------- Production Report for 2001 Unit Information Units to account for: Units in beginning WIP 0 Units started 75‚000 Units to account for 75‚000 Units accounted for: Equivalent Units Physical Direct Conversion Flow Materials Costs Units completed 75‚000 75‚000 75‚000 Units in ending WIP 12‚000
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Ethical Decision-Making in Counseling Addicts Crystal Ramsey Liberty University Abstract Robin was admitted to an intensive residential facility for drug addiction. The Health Insurance Portability and Accountability Act‚ a federal statute‚ requires counselors to give clients access to their records. Five moral principles are viewed as the foundation of ethics in counseling: autonomy‚ nonmaleficence‚ beneficence‚ justice‚ and fidelity. Ethical decision-making models include the following
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Consumer demands affect a company’s business decision in many cases. Fashion being so fast paced with many companies competing for the global dollars. Every company has cut prices which in turn has them searching for ways to reduce labor costs. Unfortunately the first thing companies do is outsource and turn to sweatshops for cheap fast labor in order to make a profit and to be competitive in the market. Different ethical perspectives guide ethical decision making in the right direction‚ wrong direction
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Ethical decision making constructing the Wonthaggi Desalination Plant Executive Summary Water Forever is a media group writing for a business journal. The group has an interest in how desalination directly benefits the various stakeholders. The Victorian desalination plant (WDP) located in South Victoria off the coast line of Wonthaggi located has received much criticism. Many controversial and ethical issues have been expressed by various stakeholders. Despite these concerns‚ a decision has
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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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