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Cost Accounting: Unit 9 Discussion
Please respond to the following Discussion Board topics. Take time to review the responses of your classmates and provide your feedback.
Discussion topic: Business process reengineering (BPR) can be an effective tool to aid in achieving breakthroughs in quality improvement and cost management. Total quality management (TQM) is another philosophy about achieving organizational change. Use your library database to identify articles that discuss BPR and TQM. In your discussion, compare and contrast the two methodologies. Remember to use proper citations and references.
In 250 Words please answer with ellaboration and sources.
The building has an FMV of $45,000, an adjusted basis of $30,000, and is secured by a $35,000 nonrecourse mortgage that the business LLC will assume. What is Brett's outside tax basis in his LLC interest?
But most fraud takes place at the workplace. Explain how does the fourth amendment work in the workplace? Does the employee have any protection from it?
ABC Company acquired a 80% interest in the DEF Company in year 1. For the year ended December 31, year 2, ABC reported net income of $100,000. During year 2, ABC sold merchandise to DEF for $10,000 at a profit of $3,000. The merchandise remained in D..
The building had a fair market value of $78,353 on the date of the sale. Prepare any journal entries (if necessary) that would be required related to the Note Receivable at the end of 2009, 2010, 2011, and 2012.
Elton, Inc., which owes Boston Co. $900,000 in notes payable, is in financial difficulty. To eliminate the debt, Boston agrees to accept from Elton land having a fair market value of $680,000 and a recorded cost of $510,000. Compute the amount of gai..
Find out the cost of head lamps that would appear in each of the following accounts at September 30, 2011: Raw Materials, Work in Process, Finished Goods, Cost of Goods Sold, and Selling Expenses.
Assuming that the company’s $337,485 ending Finished Goods Inventory account for year 2011 had $137,485 of direct materials costs, determine inventory’s direct labor costs and its overhead costs.
Prepare basic journal entries under the proper accounting method to record Big Co.'s investments in Little Co. and Small Co. based on facts provided.
financial statement effects of fifo and lifo the management of tritt company has asked its accounting department to
The accounting records of Westcott Company revealed the following costs: Factory utilities $ 35,000, Wages of assembly-line personnel 170,000, Customer entertainment 45,000
Related to these contracts, the company spent $200,000 servicing the contracts during the current year and expects to spend $1,050,000 more in the future. What is the net profit that the company will recognize in the current year related to these ..
Prepare a variance analysis report with both flexible-budget and sales-volume variances.
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