The Pacific Manufacturing Company operates a job-order costing system and applies overhead cost to jobs on the basis of direct labor cost. In computing an overhead rate for the year‚ the company’s estimates were: manufacturing overhead cost‚ $126‚000; and direct labor cost‚ $84‚000. The company has provided the following data in the form of an Excel worksheet: [pic] .:. Required: 1. a. Compute the predetermined overhead rate for the year. b. Compute the amount of underapplied or overapplied
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EBF2043‚ Sem 2‚ 2012/13 Group Assignment AstaPack manufactures medicines that are related to allergy sickness which is packaged into the Breathe product line and the TravelPack line. The company sells large commercial containers of 1‚200 capsules to health care facilities and travel packs of 40 capsules to shops in airports and hotels. The finance manager has just returned from an ABC seminar and has been asked to assist in the development of an ABC system in the organization. The following
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Multiple Choice Questions 1. Which of the following statements is true? A. The word "cost" has the same meaning in all situations in which it is used. B. Cost data‚ once classified and recorded for a specific application‚ are appropriate for use in any application. C. Different cost concepts and classifications are used for different purposes. D. All organizations incur the same types of costs. E. Costs incurred in one year are always meaningful in the following year. 2. Which of the following
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INTERNATIONAL BUSINESS INB 780 (Case Study of Walmart Goes South) MOHD SUKRI BIN YAHYA 2011307109 MOHD IKHWAN BIN AZIZ 2011100565 HAMDAN BIN A.WAHAB 2011986143 EXECUTIVE MASTER IN BUSINESS ADMINISTRATION FACULTY OF BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA CAMPUS DUNGUN TERENGGANU Dec 2013 Question 1 How has the implementation of NAFTA affected Walmart’s success in Mexico? The North American Free Trade created in 1994 affected Wal -Mart`s success
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1) Before answering this question lets review the job and process costing sytems: Job order cost system: • Jobs are assigned to each job or batch • A job may be for a specific order of inventory Process cost system : • This cost system is generally used when a large volume of similar products are manufactured Answers: a. A custom yacht builder – job order costing b. A golf course designer – job order costing c. A potato chip
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CHAPTER 15 MANAGING CURRENT ASSETS (Difficulty: E = Easy‚ M = Medium‚ and T = Tough) Multiple Choice: Conceptual Easy: Working capital Answer: c Diff: E [i]. Other things held constant‚ which of the following will cause an increase in working capital? a. Cash is used to buy marketable securities. b. A cash dividend is declared and paid. c. Merchandise is sold at a profit‚ but the sale is on credit. d. Long-term bonds are retired with the proceeds of
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Perception of Sound Hearing allows us to do our everyday activities and improves our lives. It enables us to communicate‚ socialize‚ and interact in our environment. Good hearing also helps to keep us safe‚ warning us of dangers or alerting us to someone else’s distress. Hearing is necessary for us to be able to participate in life more fully. Our hearing provides us with a huge source of information; some of it is known to us and some we don’t even notice but when combined‚ this information gives
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Perspectives: Effects on Research and Writing Every person ’s perceptions are entirely inimitable in their own way. Perception‚ in itself‚ means to interpret the world around‚ in one ’s own way based on their personally acquired morals‚ values‚ and fears. Our minds begin to examine and interpret things using these traits. How does this all relate to research and writing? After making interpretations‚ a person then begins to form an opinion about the subject at hand. When writing‚ a topic is
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to the aforementioned bill? Second‚ are the provisions of the rh bill not in conflict with the constitution? Third‚ does it concern itself with morality‚ or are the provisions in that law anchored in moral precepts? Fourth‚ what are the possible implications of rh bill once this has been enacted into a law or does it not attack an individual who has a firm allegiance to his/her religious convictions? Sixth‚ is it scientifically and empirically verifiable that the use of condoms‚ pills‚ or other form
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inorganic growth /strategic or non strategic investments Enhancing stake/repatriatio n Focus on core business /hiveoff of non core business /monetize Legislative framework of M&A Tax regulations Companies Act Accounting Implications Stamp duty Exchange Control Competition Act FDI Indirect tax SEBI Every M & A action has a tax/ regulatory reaction Multiple laws affect the business reorganization Page 4 Key M&A Concepts Page 5 Merger Concept
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