Cost Accounting -- MIDTERM 1 1) Pointed Pencil company incurs the following costs in its manufacture of pencils. Classify each one of them according to one of the value chain functions: Functions: A) Research and Development B) Design of products‚ services‚ and processes. C) Production D) Marketing E) Distribution F) Customer Service G) Strategy and Administration ____ 1) Cost of wood used in manufacture of pencils. ____ 2) Cost of wood used in packing cartons to ship pencils. ____
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restricted and held against long-term credit may be included among current assets. d.none of these. 28.The category "trade receivables" includes a.advances to officers and employees. b.income tax refunds receivable. c.claims against insurance companies for
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Wilkerson Company 1. What is the competitive situation faced by Wilkerson? The critical product in term of market competition is the pumps of Wilkerson Company. The pumps are Wilkersons major product line with a production of about 12‚500 units per month. Pumps currently have the lowest gross margin among all products‚ because competitors had been reducing prices on pumps and Wilkerson adopted its prices in order to remain competitive and to maintain the volume. 2. Given some apparent problems with
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Colonizing Georgia In 1732‚ Georgia was chartered and became the thirteenth colony in North America. Following the colonization of Georgia‚ Savannah was constructed the following year. James Oglethorpe‚ a hardy solider‚ became the commander of the colony after being appointed by the King. Georgia was unique to the English colonies because of the area it resided in. Georgia was used as a military buffer that would provide protection to South Carolina from the Spanish. This was deemed necessary after
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Computer-based patient records is a system in which its function are becoming an essential technology for health care in part because the information management challenges were being faced by health care professionals that are increasing daily. The system stores data regarding additional medical information records in a relational database. Most published studies to date have been in the area of keeping the records safety. The database is a general setting of compiling not only the records of the patients
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Système Informatisé de tenue des dossiers Et Un Système de Surveillance pour RMJ Laundry Shop (Computerized Record Keeping and Monitoring System for RMJ Laundry Shop) INTRODUCTION Information technology refers to the collection of tools that make it easier to use‚ create‚ manage and exchange information. It’s a convenient term for including both telephony and computer technology in the same word. It is the technology that is driving what has often been called "the information
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By Gulnari Giunashvili Glk.giunashvili@gmail.com 02.11.14 Country of Georgia in its Golden Age In XII-XIII centuries Georgia (in native language “Sakartvelo”) began to shape into centralized state and achieved highest level of its economical‚ social‚ political and cultural development. This period was named by the Georgian historians as The Georgian Golden Age. It starts with King David the Builder and his clever political tactics. (1) In 1099 King David took an advantage of Crusade and stopped
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expenses. -current assets will be used up or converted to cash within one year or the businesses operating cycle‚ whichever is the greater. -when a company is purchasing inventory‚ and pays early to take advantage of the purchase discount offered by the vendor‚ that amount is credited to the inventory account. -inventory are the items held by a company to be sold to customers. -net sales revenue is equal to sales revenue less sales returns and allowances‚ and sales discounts. -in a multi step income
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Objective 01-07 Understand cost classifications used in making decisions differential costs opportunity costs and sunk costs.Topic Cost Classifications for Decision Making 2.Selena Company has two products A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the companys three activity cost pools are as followsThe activity rate under the activity-based costing system for Supporting Customers is closest toA.46.33B.21.67C.65.00D.18.53 Activity rate
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the HIPAA laws or having the charts where no one can see them. Most medium facilities that use electronic records do not lose their patients chart since they have them on computers‚ the ones that still use paper charts are more likely to lose the patients charts and have a harder time reproducing them. When patients no longer visit the facilities that have electronic records they usually archived and the ones that still use paper charts have them shredded or stored on the offsite
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