equipment in its production departments. Consequently‚ Dinteman has a large repair and maintenance department (R&M department) for servicing this equipment. The assistant controller has proposed that a formal work order system be implemented for the R&M department. With the new system‚ the production departments will submit a service request to the R&M department for the repairs and/or maintenance to be completed‚ including a suggested time for having the work done. The supervisor of the R&M department
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generally used when a large volume of similar products are manufactured Answers: a. A custom yacht builder – job order costing b. A golf course designer – job order costing c. A potato chip manufacturer – process costing d. A business consultant- job order costing e. A plywood manufacturer – process costing f. A Soft drink bottler- process costing g. A film studio – job order costing h. A firm that supervisors bridge construction projects- job order costing i. A manufacturer
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Case 8-29 1. a. Sales budget: April May June Quarter Budgeted sales in units 35‚000 45‚000 60‚000 140‚000 Selling price per unit × $8 × $8 × $8 × $8 Total sales $280‚000 $360‚000 $480‚000 $1‚120‚000 b. Schedule of expected cash collections: February sales $ 48‚000 $ 48‚000 March sales 112‚000 $ 56‚000 168‚000 April sales 70‚000 140‚000 $ 70‚000 280‚000 May sales 90‚000 180
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many areas and they even have to make their employees to work properly and effectively to attain the goals of an organisation. Even though the employees are the prime workers in any organisations managers have to manage their employees and even he has to manage the external atmosphere at and around the organisation to run the organisation in an admirable path and their by achieving the predetermined goals. Here I would like to present the manager’s job in an organisation with an example of an
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ETHICS IN ACCOUNTING PROFESSION RESEARCH METHOD Despite of significant learning on ethics especially for future accounting profession‚ 50 respondents were randomly selected from Bachelor of Accounting students‚ International Islamic University Malaysia (IIUM). The student sample was equal to 50 (N= 50) consists of accounting students from the first to fourth year of study between the ages of 20-25 years old. Students from IIUM had been exposed to some general ethic values in class. This
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How do managerial accounting practices benefit business organizations? Nowadays‚ managerial accounting practice is practiced by many successful producers in Japan‚ Korea‚ China and others. Therefore‚ they are able to use their resources effectively and efficiently. Companies practicing managerial accounting are also able to maintain the quality of their products yet still offering reasonable price for their products. Managerial accounting differs from traditional financial accounting practice in
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Effects of Technology on the Accounting Profession Effects of Technology on the Accounting Profession University of Phoenix ACC/340 Accounting Information Systems Effects of Technology on the Accounting Profession Businesses have become more competitive‚ consumers are more informed‚ and technology has changed the way the world communicates. Information technology (IT) and the resulting ‘information age’ are continuously impacting every facet of accounting. (Bagranoff‚ Simkin‚ & Strand-Norman
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Problem One Cost Concepts and Cost Flow (8 points) The following information is from MM wooden bed Co. for September: Wood used in production Carpenters salary Factory supervisors salary Factory security guard and janitor salary Sales persons salary CEO and CFO salary Advertisement expense Depreciation of factory equipment Factory utilities Oil and lubricants for factory equipment‚ and other miscellaneous materials used in production Wood inventory‚ Sept. 1 Work-in-process inventory
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The world changed to a great extent during the period of time from the 1750’s to the 1900’s. These changes were due to the Scientific Revolution‚ Industrial Revolution and the movement of peoples. During this time frame changes occurred not only in the way people viewed the world but also how they travelled‚ their working and living conditions‚ it allowed them to make new discoveries and opened up many new doors. The Scientific Revolution led to fundamental changes to scientific ideas in mathematics
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Dating has changed from the 1940’s dating was more formal. Males had more manners and more the leader in his household. This is one reason why relationship lasted longer in the old days. In today’s time we do more dating which has more sex and the focus is more about ‚sex than growing together with God in the relationships. I believe we should have more courting relationship. Courtship is a publicly visible process with rules and restrictions. More people should do courtship verses
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