User Account

All Pages

Discussing the financial accounting issues

Assignment Help Managerial Accounting
Reference no: EM132759369

Question - During the year, Elaine had the College's website completely redone. The new website was launched in June. It now has much more functionality and ease of use including allowing students to apply for a program and pay on-line (this was done manually in-person before). Elaine paid $30,000 during the year to a developer for the software and development work and has expensed this amount. Her staff also spent two days in training to use the software and their time would be valued at $1,200. Elaine also estimates that she used about $4,800 of her time in meetings relating to this project. She is wondering if she could include the costs as an asset. Prepare memo to Patrick discussing the financial accounting issues?

Reference no: EM132759369

Questions Cloud

How many dependents may siena claim : How many dependents may Siena claim? Quincy, Siena's brother, moved in with her in May to help her out around the house. Quincy was unemployed for most of year
Discuss two of the most valuable learning takeaways : Discuss two of the most valuable learning takeaways you gained from this course and how they can help you in your career or future studies.
Make the journal entry to record the collection of the note : The terms of the note were $12,000 face value and 7% interest. On October 30, make the journal entry to record the collection of the note
Explain the concept of forensic science : Explain the concept of forensic science and its meaning in the criminal justice system. What area of forensic science is Sir Francis Galton noted for advancing?
Discussing the financial accounting issues : During the year, Elaine had the College's website completely redone. Prepare memo to Patrick discussing the financial accounting issues
Violated by each of underage teens : In a list that you make in your report, specifically identify the status offense laws that are being violated by each of the underage teens.
Is their system adversarial or inquisitorial : Is their system adversarial or inquisitorial? Explain. What are the names of the major courtroom players? Who determines guilt or innocence? Explain.
What the rate should use to discount the cash flows is : A company with cost of capital of 15% plans to finance an investment with debt that bears 10% interest. The rate it should use to discount the cash flows is
Management for promoting good mental health : How does it effect on employees efficiency, and then explain what measures to be taken by the management for promoting good mental health.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd