1. Conversion cost is the sum of direct labor cost and direct materials cost. F 2. Depreciation on office equipment would be included in product costs. F 3. When the predetermined overhead rate is based on direct labor-hours‚ the amount of overhead applied to a job is proportional to the estimated amount of direct labor-hours for the job. F 4. Indirect materials are charged to specific jobs. F 5. When a job is completed‚ the goods are transferred from the production department to the finished goods
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A Library Management System For Malinta National High School In Valenzuela City In Partial Fulfillment To the requirements of Technical Documentation and Presentation Skills In ICT Submitted to: ASSOC. Prof. Iluminada Vivien Domingo‚ DBA Submitted by: Paraños‚ Philip C. Tanyag‚ Adriano Miguel July 9‚ 2014 TITLE: A Library Management System for Malinta National High School in Valenzuela City KEYWORDS: 1. ADDING – Adding new books in the records
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Stanza 1 The beginning of the poem creates a sense of immediacy in the poem: This morning I watched from here By stating the time at the beginning he suggests how deeply he was affected by his experience as he wants to write about it right away. This shows how important the themes and ideas of the poem were to him. This sense of immediacy is emphasized later in the stanza when he writes ‘But now Midnight has come in . . .’ He is writing the poem as he experiences the
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1. Describe in words how costs are assigned in the Wilkerson’s current costing system. Discuss the pros and cons of this system. Wilkerson uses a simple traditional cost accounting system in which each unit of product is charged for direct material‚ direct labor and overhead costs. Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates‚ including fringe benefits
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accept all proposed audit adjustments. The auditor’s main duty is to provide reasonable assurance to verify the accuracy and compliance of client’s financial statements‚ to ensure that it conveys data and information of events occurred within the accounting period. When a misstatement is found‚ the auditor should decide whether the misstatement is material‚ considering both amount and quality perspectives. If it is a material misstatement‚ the auditor should mainly insist in making proper adjustments
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the 12th century‚ religion was a significant aspect to a Christian’s everyday lifestyle. Religious traditions were pushed upon students in schools‚ people looked to the church for guidance‚ and ideas were frowned upon if they did not fit with the traditions of the church. The church enforced religious actions for all citizens to take on. The church was the ruling entity of Europe. It controlled the governmental and societal structures within the European countries. In the period of the 12th century
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ALL ANSWERS ASSUME A TAX RATE OF 35% Even though the tax rate appears to be 1720 / 6725 = 25.57% In answering the following questions‚ please refer to the financial statements of Caterpillar Inc. (CAT) and the relevant Notes to these statements at the end of this write-up. 1. What could be the cause(s) for the shift in LIFO-based inventory from 70% at December 31‚ 2010 to 65% at December 31‚ 2011? A decrease in the replacement cost for Cat’s inventories‚ or an increase
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(Stephen’s POV) As I watched Anthony carefully place his foot on the last step of the set of stairs‚ there was a feeling of worry‚ fear and empathy electrifying me. What was this feeling? I asked‚ I don’t like it. Suddenly‚ I heard a a bone - chilling metal creaking fill up the dim and empty room. I saw the gleam in the metal of the railing tilting‚ and I knew Anthony was in danger. He was putting all that weight onto one side‚ it was sure to collapse. I saw Anthony’s limbs fly aimlessly as
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A. What is an account receivable? What other names does it go by? Accounts receivable are amounts owed by customers on account. They result from the sale of goods and services on credit. These receivables are generally expected to be collected within 30 to 60 days. They are typically the most significant type of claim held by a company. Accounts receivable and notes receivable resulting from sales are also known as trade receivables. Accounts receivable resulting from sales are referred to
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FAR 600 TUTORIAL 4 BACC 8G GROUP MEMBERS: NUR AIN BT ABU BAKAR NUR LIYANA BT MOHD ZAINI AKMA NUR AMANINA BT ZAKARIA MADIHAH BT ABU THARIM DATE OF SUBMISSION: 5 APRIL 2013 PREPARED FOR: MADAM AFIDAH BT SAPARI QUESTION 5 How principal in the agency relationship protects again the opportunistic behavior of the agent and the agent’s response to this. There are two costs that will be implemented by the principal towards the opportunistic agent behavior. First is monitoring cost which
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