Learning Team Week 5 ACC/349 Problem P8-2A Variable Cost per unit: Direct materials $50 Direct labor $25 Variable manufacturing overhead $20 Variable selling and administrative expenses $18 Total Variable Cost $113 Fixed cost per unit: Total Cost ÷ Budgeted Volume = cost per unit Fixed manufacturing overhead $600‚000 ÷ 50000 = 12 Fixed selling and administrative expenses $400‚000 ÷ 50000 = 8 Fixed cost per unit 1‚000‚000 $20 Total
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Part B Decision Support System is a tool for making the better decisions in the organization. It is also a set of computer-based information system that assists in some decision-making activity. Decision making is one of the most significant and important activities in a business. The decision makers can compile useful information from raw data‚ documents‚ personal knowledge or business models to identify‚ solve problems and make decisions. Datapine will help to make quick business decisions by
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Discussion Questions Week 4 Chapter 8 question 6. A firm uses a single discount rate to compute the NPV of all its potential capital budgeting projects‚ even though the projects have a wide range of nondiversifiable risk. The firm then undertakes all those projects that appear to have positive NPVs. Briefly explain why such a firm would tend to become riskier over time. Using the NPV to determine which projects to undertake leads to greater risk over time because best case scenario you can estimate
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complete A+ tutorial here https://bitly.com/12B1oic This archive file of ACC 206 Week 1 DQ 2 shows the solutions to the following problems: Retained Earnings and the Income Effects on Retained Earnings and the Income Statement 1. Discuss cash dividends and stock dividends. 2. How is each recorded? 3. When each is issued‚ what is the affect on assets‚ liabilities and owner Business - Accounting ACC 206 Week 1 DQ2 Apple’s Cash Flow Go to http://finance.yahoo.com. Enter in “AAPL” and
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In this file you will find overview of the work ACC 349 Week 2 Discussion Questions Discuss Question 1 What is activity-based costing? What are some of the key elements of activity-based costing? How does this method differ from a more traditional costing method? Discuss Question 2 What are value-added processes? How do you determine if a process adds value? How does identification of value-added processes help a company run more efficiently and effectively? Business
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Analyzing transactions 2. Journalizing transactions 3. Posting the journal entries 4. Preparing the unadjusted trial balance 5. Journalizing and posting adjusting entries 6. Preparing the adjusted trial balance 7. Preparing the financial statements 8. Journalizing and posting closing entries 9. Preparing the post-closing trial balance Page #159 Exe. 4-4 Account Title Debit Credit
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GASB Article Statement No. 49 Before diving directly into the article from the Governmental Accounting Standards Board (GASB) titled Governments to Report Liabilities Connected with Their Obligations to Clean Up Pollution (2006)‚ one must first take a step back and take time to read‚ comprehend‚ and take to heart exactly what this organization stands for. Taken directly from their main web page under the tab labeled Education‚ the first thing seen in big‚ bold‚ blue letters is‚ “Due Process: The
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Week 4 Checkpoint – Part 1 (5 points) The following are common categories on a classified Balance Sheet: Current Assets Long-term Investments Plant Assets Intangible Assets Current Liabilities Long-term Liabilities For each of the following items‚ select a category from above that identifies the Balance Sheet category where the item typically would appear. Category on Balance Sheet Account Title Long-term Investments Notes Receivable Current Assets Merchandise
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for a company to benefit from assessing their control procedures. Internal controls are operating practices that are established to provide reasonable assurance that specific objectives will be achieved and every employee in the organization is responsible for internal controls. Implementing internal controls will help your business reach its performance and profitability targets‚ and most importantly prevent loss of resources. Internal Controls help to ensure reliable financial reporting‚ as
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1- Multiple Choice Question 214 A company has the following assets: Buildings and Equipment‚ less accumulated depreciation of $2‚000‚000 $ 7‚600‚000 Copyrights 960‚000 Patents 4‚000‚000 Timberlands‚ less accumulated depletion of $2‚800‚000 4‚800‚000 The total amount reported under Property‚ Plant‚ and Equipment would be $16‚400‚000. $13‚360‚000. $12‚400‚000. $17‚360‚000. 2- Multiple Choice Question 144 Expenditures that maintain the operating efficiency and expected productive life
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