800 2‚000 6‚000 Additional information: Half of the building’s first floor is used for administrative office. The other half of it is used for a retail sales shop. The second floor is used for making dresses and storing of raw material. Required: a) Use the answer sheet in Appendix A. Classify these costs into two ways (1) product cost (either as direct materials‚ direct labour or manufacturing overhead) or period cost and (2) variable cost or fixed cost with respect to the number of
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As at 31 December 2008 Taka Assets: Non current assets : Property‚ plant and equipment‚ net Intangible assets Investment in shares of X-Net Ltd. Long-term receivables and deposits Current assets: Inventories Deferred cost of connection revenue Accounts receivable‚ net Advances‚ deposits and prepayments Cash and cash equivalents Total assets Equity and Liabilities: Shareholders’ equity: Share capital Share premium Capital reserve Deposit from shareholders General reserve Retained earnings 79
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Accounts ACCTID 11110100000000 11110300000000 11110900000000 11111100100000 11111100105000 11111100110000 11111100115000 11111100120000 11111100125000 11111100130000 11111100140000 11111100145000 11111100150000 11111100175000 11111100180000 11111200105000 11111200110000 11111200115000 11111900110000 11111900120000 11111900130000 11111900140000 11111900150000 11111900160000 11111900170000 11112150100121 11112150100122 11112150210121 11112150320121 11112150410121 11112150410123
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700‚000 $850‚000 Costs as percentage of sales: Direct materials 10% 9% Direct labor 6% 4% Support costs 9% 7% Work-in -process inventory $200‚000 $120‚000 Inventory carrying costs are estimated to be 12% per year. Required: Why do the layout reorganization estimates include from carrying reduced levels of work-in-process inventory? a decrease in direct material costs as a percentage of sales? an increase in sales? As a result of the layout reorganization‚ what
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direct labor‚ $425‚000; manufacturing overhead‚ $375‚000; and selling and administrative expenses‚ $220‚000. Georgia’s product costs total: A. $1‚050‚000. B. $830‚000. C. $895‚000. D. $1‚270‚000. E. some other amount. 4. Costs that are expensed when incurred are called: A. product costs. B. direct costs. C. inventoriable costs. D. period costs. E. indirect costs. 5. Which of the following is not a period cost? A. Legal costs. B. Public relations costs. C. Sales commissions. D. Wages of assembly-line
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STATEMENT OF ACCOUNT Name Address : : SOA No SOA Date Due Date : : : SOAPeriod : 5957188 01/06/2013 18/05/2013-30/06/2013 10/06/2013 Previous Due Payments Received Adjustments Current Charges Amount Due 1‚660.00 Invoice Charges InvoiceNo Period AccountNo : 1‚660.00 426144 Description 0.00 User Name: Package 3‚660.00 Rate Unit Quantity Amount 3‚660.00 (Dr) ServiceType Tax Total 6317995 18/05/2013 -18/05/201 3 01/06/2013 -30/06/201 3
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Reflective account 12 Date: 03.05.12 Aneta Ten I am let in the children world now; they completely trust me and don’t fear me. I stepped in the classroom today and from the door the children said –“Hello”‚ and smiled. Child S. even gave me a hug. We had 4 indoor activities set for them today‚ promoting physical‚ creative and social development. They enjoyed them very much. In the quite room we have a computer on which they can practise their fine motor skills with the computer mouse and can
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control principles 1.The first internal control principal is an applied establishment of responsibility. Only one designated person is authorized to handle the tickets. One roll is designated per shift and the manager locks the roll in the cash register. Also designating only one person like a cashier to handle cash and different individuals should be assigned the duties of receiving cash‚ recording cash‚ and custody of cash. 2.The next principal is the segregation of duties. There are different
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Units 9 & 10 Unit 9: Critical Vehicle Systems Name:____________ Date_______2/12/2013____________ After reading about the maintenance and safety of your vehicle in Unit 9‚ please answer the following questions in complete sentences‚ using proper spelling and grammar. Which car system or feature listed in Unit 9 do you think is most important? Becoming familiar with your vehicle Why is that particular feature so important? the reason why I say that is because how can you
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REFLECTIVE ACCOUNT. “Reflection is a process of reviewing an experience of practice in order to describe‚ analyse‚ evaluate and so inform learning about practice” (Reid‚ 1993 p.305). I am going to reflect on an activity during my placement at a childminder’s setting. While writing about this‚ the model of reflection `I will use is the most commonly used model by Gibbs (1988)‚ which is the model I will look at here. There are six stages in Gibbs’ model‚ namely:- (1) Description (2)
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