BBUS2541 – ASSIGNMENT #3 Q1 – Exercise 4-18 Percentage of Physical Completion w/respect Equivalent Units Units to conversion Direct Material Conversion Work in Process‚ October 1 1‚000 40% Units Started during October 5‚000 Total Units to account for 6‚000 Units from beginning WIP‚ completed & transferred out during October 1‚000 100% 1‚000 1‚000 Units started & completed during Oct 3‚000 3‚000 3‚000 Work in Process‚ Oct 31 (20% as to con) 2
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PROBLEM 2-21B Predetermined Overhead Rate; Disposition of Underapplied or Overapplied Overhead (LO1‚ LO7) CHECK FIGURE (2) Underapplied: $68‚600 Adriana Company is highly automated and uses computers to control manufacturing operations. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of computer-hours. The following estimates were used in preparing the predetermined overhead rate at the beginning of the year: Computer-hours
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Slide 1 Group A group in the workplace usually comprises three or more people who recognize themselves as a distinct unit or department‚ but who actually work independently of each other to achieve their organizational goals. For example‚ a small business may have a client services group‚ but one person may focus on local clients‚ one person may focus on regional clients and a third person may assist those individuals. Also‚ groups tend to be permanent fixtures with ongoing goals or responsibilities
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TEST BANK CHAPTER 1 Intercorporate Investments: An Overview MULTIPLE CHOICE Use the following information on a company’s investments in equity securities to answer questions 1- 4 below. The company’s accounting year ends December 31. | |Date of acquisition|Cost |Fair value |Date sold |Selling price | |Investment | | |12/31/10 | |
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Technical skills Technical skills is the specific knowledge and techniques required to perform an organizational role. Skills reflect both an understanding of and a proficiency in a specialized field. A manager may have technical skills in a specialized field such as accounting‚ finance‚ computer science… etc. for example‚ an account payable manager must be proficient in accounting rules and procedures so that he can resolve problems and answer questions related to accounting. Human Skills
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Chapter 3 Solutions‚ 3rd day Exercise 3-13 (15 minutes) 1. | Actual manufacturing overhead costs | | $ 48‚000 | | Manufacturing overhead applied: 10‚000 MH × $5 per MH | | 50‚000 | | Overapplied overhead cost | | $ 2‚000 | | | | | 2. | Direct materials: | | | | Raw materials inventory‚ beginning | $ 8‚000 | | | Add: Purchases of raw materials | 32‚000 | | | Raw materials available for use | 40‚000 | | | Deduct: Raw materials inventory
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known as Sam Walton) was born in Kingfisher‚ Oklahoma on March 29‚ 1918. He lived until April 5‚ 1992. After being voted the most versatile boy in high school‚ he went on to the University of Missouri. After some years in the retail business including working at a J.C. Penney in Des Moines‚ and after serving in the army from 1942-1945‚ he bought a Ben Franklin store. He used a $25‚000 loan from his father in law to buy the store. He worked with his brother James and they were successful but Sam was not
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Jose Garcia Villa Jose Garcia Villa (5 August 1908 – 12 June 1973) is a Filipino poet and a National Artist for Literature. He is known for introducing the "reversed consonance rime scheme‚" as well as for "comma poems" that made full use of the punctuation mark in an innovative way. Villa is also a short story writer‚ critic‚ and painter. Written Works: Philippine Short Stories: Best 25 Short Stories of 1928; Philippine Love Stories; Footnote to Youth: Tales of the Philippines and Others;
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‘I Am Sam’- Assessment Sam is the main character in ‘I Am Sam’. He faces a number of issues throughout the movie‚ but the main hardship is to gain custody of his daughter. Sam’s role is a mentally retarded male‚ with a mental capacity of a seven year old. Sam’s daughter‚ Lucy‚ is seven and her teachers fear that Sam’s aptitude is holding her back because she does not want to be smarter than her father. Lucy loves Sam very much‚ however she knows he was not the average father‚ as she told her best
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JOSE RIZAL The movie tells the life story of Jose Rizal‚ the national hero of the Philippines. It covers his life from his childhood to his execution at the hands of the Spanish forces occupying the Philippines in the late 19th century. We are also thrown into the world of Rizal’s novels. So we get a glimpse of how he viewed Filipino society under the Spanish heal. One note‚ this movie is not for the faint of heart. There are graphic depictions of violence and even torture. The opening few
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