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Process costing differs from job order costing in the way costs are accounted for. Share your thoughts about the accounting differences in process costing versus job order costing, and explain how manufacturing costs are accounted for in process costing. Further explain why the cost per equivalent unit are determined separately for direct materials and for conversion costs under different methods of determining the cost of completed and transferred out units and the cost of ending work in process inventory. Additionally, discuss the type of production most suitable to employ a process costing system by providing an example. In your response posts, debate the merits of the different methods of determining the cost of equivalent units with your peers. Support your responses to classmates with sound arguments, citing sources as applicable.
Hardin-Gehr Corporation (HGC) began operations 5 years ago as a small firm serving customers in the Detroit area. However, its reputation and market area grew quickly. Today HGC has customers all over the United States. How much free cash would HGC g..
You are starting a new business, and you want to open an office in a local mall. You have been offered two alternative rental arrangements. You can pay the landlord 10% of your sales revenue, or you can pay a fixed fee of $1,000 per month. Describe t..
Upon graduating from college, you make an annual salary of $66,356. You set a goal to double it in the future. If your salary increases at an average annual rate of 8.13 percent, how long will it take to reach your goal?
Which of the following bond provisions will make a bond more desirable to investors, other things being equal?
En-gene company has a payment cycle of 50 days collection cycle of 47 days and a production cycle of 49 days. What is the average cash conversion cycle?
Many companies issued preferred stock with a provision that allows the company to buy back the proffered stock at it original price after five years. The article notes that his provision " can produce unexpected losses for investors". Why might these..
Using the Yahoo Finance site or other site with stock information, choose six firms: two each from three different industries. Gather the following information for each stock: 1) beta for each of these firms; and 2) the total return for the previous ..
You notice that PepsiCo (PEP) has a stock price of $72.62 and EPS of $3.80. Its competitor, the Coca-Cola Company (KO), has EPS of $1.89. Estimate the value of a share of Coca-Cola stock using only this data.
Why do the soft technologies open more opportunities for women? To what extent have these technologies impacted the perceptions of men’s and women’s roles in the economy, within marriage, and in society as a whole?
the report have to be word processed use meggitt company latest annual report and accounts200520062007200820092010 to
What is a ruined cost. Why is it important to understand this concept when analyzing capital projects
The risk free rate is 7%, the return in the market is 10%, and the beta is 1.30. What return must you receive to be satisfied that you are being fairly compensated for the risk of the firm?
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