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The basic ideas justifying the use of Activity Based Costing (ABC) and Activity Based Budgeting (ABB) are well publicized and the number of applications has increased. However, there are apparently still significant problems in changing from existing systems.
Question 1: Explain which characteristics of an organisation may make the use of ABC useful and the problems that may cause the organisation not to use or abandon ABC
River Bend started the calendar year with 100,000 shares outstanding. An additional 20,000 shares were issued on April 1, and 10,000 shares were reacquired on July 1. What is the number of weighted-average shares outstanding for the full year?
Swimkids is a swimsuit manufacturer. They sell swim suits at a selling price is $30 per unit. Swimkids variable costs are $18 per unit. Fixed costs are $85,000. Swimkids expects sales of $279,800 next year. What is Swimkids's margin of safety?
Give your interpretation of what the ratios calculations show and how the business can use this information to improve its performance. Justify all answers.
Prepare an income statement in good form for Rustic Company and Prepare a classified balance sheet.
If the offer is accepted, Manson will save all variable costs but no fixed costs.- Prepare an analysis showing the total cost saving.
sunhine service center received a 120-day, 6% note for $40,000, dated April 12 from a customer on account. What is the due date of the note?
The company uses the straight-line method of depreciation for tax purposes. It's tax rate is 43% and the depreciable life of the equipment is 6 years. The equipment has an estimated salavge value of $50,000 at the end of the sixth year. Calculate the..
Determine the amount of depletion expense for the current year. Round the depletion rate to two decimals places.
preparation of cash flow statement using indirect method.prepare statement of cash flows indirect method using balance
Prepare entries in the general fund to record the following transactions and events: - Estimated revenues for the fiscal year were $250,000 and appropriations were $248,000.
The Holtz Corporation acquired 80 percent of the 100,000 outstanding voting shares of Devine, Inc., Prepare consolidated income statement for Holtz and Devine
Identify the amounts reported for total assets at the four most recent year-ends. Identify the amounts reported for Revenues and Net Earnings (net income) for the three most recent years.
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