ACC

A sporting goods manufacturer buys wood as a direct material for baseball bats. The Forming Department processes the baseball bats, and the bats are then transferred to the Finishing Department where a sealant is applied. There was no beginning work in process inventory in the Forming Department in May. The Forming Department began manufacturing 10,000 Casey Slugger baseball bats during May. Costs for the Forming Department for the month of May were as follows: Direct materials $33,000 Conversion

Ch. 8: Comprehensive Questions: Analytical procedures ( 8-15 and 8-16)          Ch. 10: Comprehensive Questions: Components of internal control (10-31 and 10-32)          Ch. 11: Comprehensive Questions: Assessing control risk (11-21) 8-15 | (Analytical procedures) In audit planning the audit of Construction Industry Resources, Inc., a building supply company. You have completed analytic procedures relevant to purchases and inventory. The results of these procedures are included in Figure 8

Chapter15 支援部門成本、共同 成本及收入之分攤 1 學習目標 1. 區別單一費率法與雙重費率法 2. 了解選擇預算分攤率或實際分攤率，以及選擇預 算使用量或實際使用量的動機 3. 採用直接法、梯形法及相互分攤法分攤支援部門 成本 4. 採用獨支分攤法或增額分攤法分攤共同成本 5. 當合約償付金額係依實際支出成本計算時，了解 合約中對成本規定的重要性。 6. 了解套裝產品如何提升收入分配問題，及其方法 2 區別單一費率法與雙重費率法 3 了解選擇預算分攤率或實際分攤率，以及選 擇預算使用量或實際使用量的動機 4 分攤支援部門成本 page 565 營業部門(operating department) 又稱生產部門(production department)， 直接 將價值附加於產品或服務上。 支援部門(support department) 又稱為服務部門(service department)，提供服 務協助其他內部部門(營業部門與其他服務部 門)，例如資訊系統部門與廠房維修部門。 5 分攤支援部門成本(續)

• Case AP6-2: American Eagle Outfitters, Inc. American Eagle Outfitters, Inc. AP6-2 Financial information for American Eagle is presented in Appendix A at the end of the book. Required: 1. In the summary of significant accounting policies, what is American Eagle's procedure in accounting for inventory? pA-12 AE evaluates merchandise inventory at the lower of average cost or market, utilizing retail method. Average cost includes merchandise design and sourcing costs and related expenses

Guillermo Furniture, a company that manufactures midgrade and high-end sofas, has just hired you as an accountant. The owner, Guillermo Navallez, has assigned you the tasks of determining which decisions provide the greatest returns. Resources: Guillermo Furniture Scenario and Data Sheets Read the Guillermo Furniture Scenario and review the Guillermo Furniture Data Sheets on the student website. Enter your name in cell A3 of the Income Information tab in the Guillermo Furniture Data Sheets

Jasmine Travis BUS3061 Professor Jerry Thomas July 17, 2014 1. Question 1: Proficient-level: There are several important functions performed in an organization, among which accounting is one of them. Define the accounting function and discuss how it differs from double-entry bookkeeping. Accountants analyze and interpret financial information, prepare financial statements, conduct audits, design accounting systems, prepare special business and financial studies, prepare forecasts and budgets

The other option would have been to tell the client to go home and phone her ACC case worker herself. In this situation I feel that the issue could have become much worse as the client was emotional. The communication may have been compromised and her expectations and prejudices would of justifiable. Reflecting on barriers although I feel that I handled them well the barrier that I could have avoided was insuffient knowledge on the subject so for further personal improvement I intend to research

Danle Corporation – Case 10-5 Discuss whether you believe that the conclusion reached by Danle to omit disclosure regarding to the class-action litigation was appropriate for the year ended December 31, 2009. In our opinion, it was not appropriate for Danle Corporation to omit disclosure relating to the class action lawsuit for the year ended December 31, 2009. First, it must be noted that ASC 450-20-25-2 indicates the following: 25-2 An estimated loss from a loss contingency shall be

Question 1 4 out of 4 points | | | The City of Highland Hills receives a federal grant to assist in nutrition (feeding) programs for senior citizens.   Senior citizens whose income is below a specified amount (the amount was specified by the Federal government) are eligible to participate in the program.  Monthly checks of $100 (this amount was specified by the Federal government) will be mailed to eligible senior citizens.  The proceeds of this grant should be accounted for in which of

AYB225 Management Accounting Past examination questions, and additional practice questions Questions 1-5 Standard absorption costing and variances (lectures 5 and 6) Questions 6-12 AC/VC (lecture 7) Questions 13-15 Weighted average process costing (lecture 8) Questions 16-18 Service department allocation (lecture 9) Questions 19-22 Joint cost allocation (lecture 9) Available past exam questions exist for lectures 5-9 only. There are none available for lectures 10-11