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Accounting Anonymous
Absorption and Variable Costing: Please respond to one of the following:
Option 1
Create a situation for determining performance evaluations and bonuses where absorption-costing operating income is used both to increase income and to influence performance measures in use.
Option 2
Evaluate the benefits of variable costing in eliminating opportunities for adverse incentives that absorption costing can create, indicating how a company may leverage these benefits.
Option 3
Justify the use of practical capacity over theoretical capacity in product costing in a manufacturing company with consistent excess capacity. Determine the influence fixed costs of capacity has on pricing decisions and customer response.
Assume a present and future enacted income tax rate of 30%. What amount should be added to Gore's deferred income tax liability for this temporary difference at December 31, 2011?
on july 1 the first day of its fiscal year the city of morgan sold bonds with a face value of 10000000 at 102 percent
The board of a company decides that the strategic objectives of the company should be:to become established as the best in its field.
Lupa Inc. trades its used machine (cost $12,000 less $4,000 accumulated depreciation) for a new machine. In addition to exchanging the old machine (which had a fair market value of $9,000), Lupa also paid cash of $3,000.
Identify the decision to be made using the decision tree approach. Show the decision tree and compute the expected values for each node. Advise the management on the findings.
uploaded imagean aging schedule for accounting companycustomer totals 285000.total est bad debts 42.610at december 31
during the period teens trends sold some excess equipment at a loss. the following information was collected from the
jessica alba a famous actress starts the baby and family products business the honest company with christopher gavigan.
the balance sheet contains the major sections a-k listed below. a listing of balance sheet accounts follows.a.current
The actual manufacturing overhead cost incurred was $54,000. The manufacturing overhead cost applied to Work in Process was $58,000. The cost of goods manufactured for September was?
in its first year of operations best corp. had income before tax of 460000. best made income tax payments totaling
enzyme-linked immunosorbent assay elisa is the most common type of screening test for detecting the hiv virus. a
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