Table of Contents Question Descriptions Page Question 1 Multiple Choice Questions 4 Question 2 Absorption costing and standard costing Use the information provided below to prepare the Budgeted Income Statement for the year ended 30 June 2013 using the absorption costing method 2.2.1 Calculate the direct labour efficiency variance 2.2.2 Explain 2 possible causes of an unfavourable direct labour efficiency variance 5 Question 3.1 Question 3.2 Question 3.3 Question 3.4
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responsible for the condition of the property” (Lease Agreement‚ 2014). “Buying vs. Leasing” (2014) says that advantages of leasing products and equipment include fewer starting expenses. The main object that is attractive to those in the leasing areas of operation is that it can help you obtain an asset with lower starting expenditures. This is evident is because the leases for equipment usually do not require any sort of a down payment and this helps the lessee get the goods without depleting the levels
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effectiveness‚ with little effect on efficiency. c. Understanding of the internal control structure is necessary in order to plan the audit. d. The auditor must have a reasonable basis‚ in the form of gathered evidence‚ for expressing an opinion. 4. An auditor would be most likely to issue a “summary of findings” in connection with which one of the following types of services? a. a financial statement audit b. consulting services c. an operational audit d. a review 5. Making sure that the
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Full Disclosure Paper 03/23/15 Acc 421 The textbook defines full disclosure principle as‚ “An Accounting principle that dictates that in deciding what information to report‚ companies follow the general practice of providing information that is of sufficient importance to influence the judgment and decisions of an informed user. It recognizes that the nature and amount of information included in financial reports reflects a series of judgmental trade-offs between sufficient detail that
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CHAPTER 9 PROBLEM #2 A. PV= (-50‚000/1.40)- (20‚000/{1.40^2} + [100‚000/ (1.40^3] + [400‚000/(1.40^4) + {800‚000/[1.40^4] = -50‚000 + (10‚204) + 36‚443 + 104‚123+ 520‚616 = $ 615‚264 B. PV= (35‚714) + (10‚204) + 36‚443 + 104‚123 + 671‚688= $766‚336 C. (35‚714)+ (10‚204) + 36‚443+ 104‚123 + 1‚543‚256 = $1‚637‚904 D. PV AT 40%= $1‚637‚903.85 INVESTMENT @ $3‚000‚000.00 POST-MONEY VALUATION= $1‚637‚903.85 + 3‚000‚000= $ 4‚637‚903.85 PERCENT OF OWNERSHIP BY INVESTOR: $3‚000‚000/ $4‚637‚903
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Dollars.” Write: “Enter 2 to convert Mexican Pesos to U.S. Dollars.” Write: “Enter 3 to convert English Pounds to U.S. Dollars.” Write: “Enter 4 to convert Japanese Yen to U.S. Dollars.” Write: “Enter 5 to convert French Francs to U.S. Dollars.” Write: “Enter 6 if you would like to Quit now.” Input Display_Selection While Display_Selection != 1 || 2|| 3 || 4 || 5 || 6 Write: “That is an invalid
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Chapter 3‚ Problem 8 Information from problem 7. Formulate LPM to determine the number of basketballs and footballs to produce in order to maximize profit. X1 -- # of basketballs X2 -- # of footballs Maximize Z = 12x1 + 16x2 Subject to: 3x1 + 2x2 ≤ 500 4x1 + 5x2 ≤ 800 X1‚ x2 ≥ 0 Transform this model to standard form. Maximize Z = 12x1 + 16x2 + 0s1 +0s2 3x1 + 2x2 + s1 = 500 4x1 +5x2 + x2 = 800 X1‚ x2‚ s1‚ s2 ≥ 0 a). Identify the amount of unused resources (slack) at each of
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Abortion “Ethical or Unethical” In my paper I will argue on why I feel that abortions are unethical and why they should not be allowed. As you are reading this paper I really hope that I don’t start to contradict myself. Let me begin by saying there are several different reasons why abortions should be prohibited. The first reason why I feel that abortions should be prohibited is because of religious laws. The bible says that “thou shall not kill”. By aborting babies we are disobeying god and
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Subnetting IP Address‚ Configuring Static Routes and Static Host Table vLab (15 points) Write a paragraph (minimum five college-level sentences) below that summarizes what was accomplished in this lab‚ what you learned by performing it‚ how it relates to this week’s TCO’s and other course material; and just as important‚ how you feel it will benefit you in your academic and professional career. (7 points) This was more challenging than normal‚ due to I was unable to get the proper results in the
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of a email and still giving the factor of no signature created nothing in the end. 2-Basically it’s a yes and no deal. You can tell that Chou seen the facts of the email becoming a contract‚ but if there is no signature then there was no 90 days. 4. What role does the statute of frauds play in this contract? The one type of item that is accused by the potential fraud is the 500 $ sale item. The main original part of agreement between the two was the $25‚000 but that would have been proven fraud
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