o Perpetual: An inventory system in which the business keeps a continuous record of inventory on hand and the cost of good sold. o Continuous updating of inventory as you go thru the paid physical count still must be count once a year. o Periodic: do not update inventory act as you go‚ you calculate cost and good so that entry act paid. o Beg inventory + Purchase = Good available for sale – end inventory= COGS. ▪ FOB shipping point o Seller (title
Premium Generally Accepted Accounting Principles Inventory
Cost Allocation Paper Cost Accounting Abstract This article’s focus is how cost accounting allocates costs of a manufacturing plant. All things are hypothetical. The conclusions of this report regarding costing of commercial services provided by Goodyear Tire should be recognized as a theory of the way Goodyear Tire conducts business activities‚ rather than suggestions of how Goodyear Tire should conduct business. Goodyear Tire is a publically traded company‚ which has many different
Premium Tire Costs Cost
FACULTY OF BUSINESS & MANAGEMENT SEMESTER: MEI 2013 BBAP 2103 COURSE: BACHELOR (HONS) MANAGEMENT (BIM) (A7470) COURSE TITLE: MANAGEMENT ACCOUNTING MATRICULATION NO : RF179118001 IDENTITY CARD NO : RF179118 TELEPHONE NO : 0167386906 E-MAIL : vnod_86@yahoo.com LEARNING CENTRE : SEAMEO RECSAM LEARNING CENTRE Table of Contents 1.0 Introduction of the company 2.0 Explanation on the purposes of product cost information is
Premium Cost accounting Costs Cost
MODULE FOR TEACHING I.C.T. INTEGRATION AMONG THE HEAD-TEACHERS IN PUBLIC PRIMARY SCHOOLS IN KENYA. Introduction This module is meant to build competencies in the participant for change towards the incorporation of ICT in the teaching and learning process. It covers the various changes brought about by ICT‚ the changing roles of the teacher‚ learners and factors leading to resistance to change. Managing change is about getting people on board and making them want to change. It involves creating
Free Teacher Education Learning
that an internal user might use? Users rely on financial statements to gauge the strength and outlook of companies. Others understand that. One would want that company to make money for them when they invest. If companies didn’t make money for you there would be no reason to buy stocks and no reason the price of a stock would ever go up. If one does not look at the financial statements‚ they would not know if they were choosing a good company to invest in. Others understand that financial
Premium Balance sheet Income statement Financial statements
Systems and Organizational Departments Information systems are typically computer based systems used within an organization to create a system consisting of the network of all communication channels used within an organization. It usually includes hardware‚ software‚ people‚ communications systems such as telephone lines‚ and the data itself (WordIQ.com‚ 2010).These systems are used to enable organization‚ data processing‚ scheduling‚ accounting‚ etc. Every department within an organization can
Premium Human resources Information system Marketing
Head Girl Speech Good afternoon fellow panthers‚ first I would like to thank my parents‚ siblings and friends for their countless hours that they have put towards my Head Girl campaign. Without their help and support I know this campaign would have not been as successful as it is. For those of you who aren’t familiar with me‚ my name is Grace Kennedy and I would be truly honoured to be your next Head Girl. Now I know everyone has their own interpretation on what a head girl is. But I have recorded
Premium High school
In the spooky story titled: Pumpkin head Hadley is a young widow (just as Oates recently lost her husband)‚ and she’s attracted—for mysterious reasons that relate to her childhood—to Anton‚ a young post-doc who works at the local Co-op. He has “dropped by”‚ and she’s not too upset to see him—it seems she might be ready to finally emerge after a long period of mourning—but she is slightly repulsed by Anton. The man is forceful‚ though‚ and she doesn’t have the strength to ask him to leave‚ although
Premium Marriage Family Love
I am writing to inform you that I am applying for the position of either Head or Deputy Head girl. First and foremost I recognise the significant and demanding nature of this role. Having spoken to the current head girl team‚ I can honestly say that I can not envisage a more rewarding or worthwhile challenge to conclude my final year at Notting Hill. Undoubtedly‚ my experiences at Notting Hill have helped shape the person I am today and what I stand for. I feel indebted to not only give something
Premium
Managerial Accounting Vs Financial Accounting Management Accounting is used primarily by those WITHIN a company or organization. Reports can be generated for any period of time such as daily‚ weekly or monthly. Reports are considered to be "future looking" and have forecasting value to those within the company. Financial accounting is used primarily by those OUTSIDE of a company or organization. Financial reports are usually created for a set period of time‚ such as a fiscal year or period. Financial
Premium Management accounting Accountancy