w w w e tr .X m eP e ap UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Advanced Subsidiary Level and Advanced Level .c rs om 9706/01 May/June 2008 1 hour ACCOUNTING Paper 1 Multiple Choice Additional Materials: Multiple Choice Answer Sheet Soft clean eraser Soft pencil (type B or HB is recommended) *1421697722* READ THESE INSTRUCTIONS FIRST Write in soft pencil. Do not use staples‚ paper clips‚ highlighters‚ glue or correction fluid. Write your
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This Report introduces‚ identifies‚ compares and comments on the advantages and disadvantages of Absorption and Marginal costing methods‚ highlighting the key differences between them with a background explanation in relation to‚ types and classification of costs‚ allocation and apportionment and to identify its place within management accounting. In Management accounting‚ the process of measuring and recording all costs within a business is needed in order for there to be an effective accounting
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a target net income of $63‚000 if they have a tax rate of 30 percent? a. $489‚000 b. $429‚000 c. $420‚000 d. $300‚000 4. Garrett manufacturing sold 410‚000 units of its product for $68 per unit in 2011. Variable cost per unit is $60 and total fixed costs are $1‚640‚000. a. Calculate contribution margin b. Calculate operating income 5. Garrett’s current manufacturing process is labor intensive. Kate Schoenen‚ Garrett’s production manager‚ has proposed investing in state-of-the-art
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have to be produce by each method to have equal use of their revenues to costs. And finally we need to explain when it would be best to use each method. (Kimmel‚ Weygandt‚ & Kieso‚ 2011). The break-even analysis is used to determine when total revenues equal total costs‚ both fixed and variable. The capital-intensive manufacturing method would break-even at $4‚702‚500 costs to revenues‚ while the labor intensive method would break-even at just $3‚845‚000. These numbers were found using an equation
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Frame Your location: Assessments › View All Submissions › View Attempt View Attempt 1 of 2 Title: | Exam 2 (Chapters 10-18) | Started: | July 7‚ 2011 12:16 AM | Submitted: | July 7‚ 2011 2:11 AM | Time spent: | 01:54:47 | Total score: | 94/200 = 47% Total score adjusted by 0.0 Maximum possible score: 200 | 1. | Chapter 10 #265 | | Use this information for questions that refer to the World Tennis Ball (WTB) Company case. World Tennis Ball Co. (WTB) makes tennis balls and sells
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Rodolfo Furniture Store Rodolfo Rodriguez is an entrepreneur in the furniture business in San Juan Puerto Rico. His furniture business has distinguished from the rest in the market by his employee’s craftsmanship in the manufacturing of his furniture. But recently his market has received some foreign competitor that has forced Rodolfo to search for other options and efficiencies within his operation. Among these options Rodolfo is searching for better planning and accounting tools
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Cover Sheet [pic] Location: Main Sea view‚ Plot. # 67 next to McDonalds‚ D.H.A Karachi. Owners: Mehwish Awais‚ Amina Tariq‚ Tahira Jamal‚ Furqan Zaheer and Shiraz Ahmed Date: 20th April‚ 05 Executive Summary Mission To be the premier Pakistani entertainment providers
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per passenger 160x = 90x + 3‚150‚000 X = 45‚000 breakeven passengers At 70% load = 90x0.7 = 63 Breakeven cars = 45‚000 / 63 = 714 cars e. Springfield Express has experienced an increase in variable cost per passenger to $ 85 and an increase in total fixed cost to $ 3‚600‚000. The company has
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B2B Marketing Assignment 3 Connecting Business Marketing Research & Practice: Innovative product concept Tata Motors: The Tata Ace For our topic of innovative product concept we chose a case study of Tata Motors from Harvard Business Review‚ Jan. 2008. It will be simply referred to as ‘the case study’. By that time the company was introducing its new innovative product – the Tata Ace and thus creating a new segment on the car market in India. We included additional information (web site
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[pic] Total Quality Management Project Canon Corporation [pic] INTRODUCTION ISO General information Overview about Canon: Canon started out as a company with a handful of employees and a burning passion. That company soon became a world-renowned camera maker and is now a global multimedia corporation. However‚ the origins of Canon success remain unchanged: the passion of their early years and technological expertise amassed over more than 60 years. Canon will continue using its
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