Name: Class: Cost Accounting Date: 02.12.2012 Quiz 5 1) Absorption costing: A) expenses marketing costs as cost of goods sold B) treats direct manufacturing costs as a period cost C) includes fixed manufacturing overhead as an inventoriable cost D) is required for internal reports to managers 2) Variable costing: A) expenses administrative costs as cost of goods sold B) treats direct manufacturing costs as a product cost C) includes fixed manufacturing overhead as an inventoriable
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go to this address to get the tutorial: http://homeworkfox.com/tutorials/business/509/acc-423-week-2-wileyplus-assignment-exercises/ ACC 423 Week 2 WileyPlus Assignment - Exercises Business - Accounting E15-13 (a‚b) (Stock Split and Stock Dividend) The common stock of Warner Inc. is currently selling at $110 per share. The directors wish to reduce the share price and increase share volume prior to a new issue. The per share par value is $10; book value is $70 per share. Five million shares
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PR Project 2014 I. Client: LeBron James II. Tactics: “Re-Established 2014” Beats by Dre commercial and “LeBron James’ First Home Game” commercial by Sprite a. The first of the two tactics I am covering is the “Re-Established 2014” Beats by Dre Commercial. The significance of this commercial is that it is advertising the new Wireless Beats‚ but it is telling a story far beyond the product. In my opinion‚ LeBron James is the product in this commercial and it directly corresponds to LeBron returning
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Internal Accountant’s Report to Management Marceila Jackson ACC/556 October 27‚ 2014 Laurie McBroom In preparing for the upcoming government contract bid there is a need to explain how performing a full financial status review prior to the bid is in our best interest. The steps taken for the review are as follows: visualizing the impact of occupational fraud and abuse on the company‚ knowing how the US government oversees the accounting fraud and abuse and its effect on the company‚ identifying
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helps to make disabled riders life a bi easier but ease the stress of the city’s transportation system. I know as family man‚ you and your readers would enjoy this story‚ if you should plan a visit. I will call you with a follow up within the next week but if anything arises‚ feel free to contact me at (646)-573-4019. Sincerely‚ Wayne Rodgers On behalf of The Disabled Riders Coalition
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go to this address to get the tutorial: http://homeworkfox.com/tutorials/business/508/acc-422-week-5-wileyplus-assignment-exercises/ ACC 422 Week 5 WileyPlus Assignment - Exercises Business - Accounting ACC422 Week 5 E13-13 P13-9 E14-21 E21-7 E13-13 (Contingencies) Presented below are three independent situations. Answer the question at the end of each situation. 1. During 2010‚ Maverick Inc. became involved in a tax dispute with the IRS. Maverick’s attorneys have indicated that they
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E3-18 (Page 152) Determine the following 2011 balance sheet items: 1. Current assets 2. Shareholders’ equity 3. Non-current assets 4. Long-term liabilities Solution 3-18 1. Acid-test ratio = Quick assets ÷ Current liabilities =1.20 Quick assets = Current assets - Inventories Quick assets = Current assets - $840‚000 Current assets ÷ Current liabilities =2.25 Current assets - $840‚000 ÷ Current liabilities =1.20 $840‚000 ÷ Current liabilities = 1.05 Current liabilities = $800
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CHAPTER 1: EXERCISE 1-5 Asset Cash Equipment Supplies Accounts receivable Liability Accounts payable Notes payable Salaries and wages payable Stockholders’ Equity Common stock EXERCISE 1-6 1. 2. 3. 4. 5. 6. 7. 8. 9. Increase in assets and increase in stockholders’ equity. Decrease in assets and decrease in stockholders’ equity. Increase in assets and increase in liabilities. Increase in assets and increase in stockholders’ equity. Decrease in assets and decrease in stockholders’
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Solutions Guide: Please do not present as your own. This is only meant as a solutions guide for you to answer the problem on your own. I recommend doing this with any content you buy online whether from me or from someone else. BYP13-4 The Coca-Cola Company and PepsiCo‚ Inc. provide refreshments to every corner of the world. Selected data from the 2004 consolidated financial statements for The Coca-Cola Company and for PepsiCo‚ Inc.‚ are presented here (in millions).Coca-Cola PepsiCoTotal
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Before Chrysler merged to become DaimierChrysler AG‚ they were presented with a takeover bid of $55 per share by MGM billionaire Kirk Kerkorian and former Chrysler chairman Lee Iacocca. Kirk Kerkorian was a stockholder in Chrysler and an experienced takeover financier who apparently found Chrysler to be a good buy. Chrysler rejected the offer‚ however‚ stating that the firm was not for sale. Further‚ many Wall Street experts felt that Kerkorian could not come up with the $20 billion necessary to
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