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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.
The fully-indexed rate on a 5/1 ARM with a maturity of 30 years is determined by the yield on the one-year LIBOR plus a margin of 250 basis points. If the fully-indexed (composite) rate is currently 6%, what is the current yield on the one-year LIBOR..
When the Genesis Energy and Sensible Essential teams held their weekly meeting, the time value of money and its applicability yielded an extremely stimulating discussion.
Suppose the average return on an asset is 11.5 percent and the standard deviation is 21.1 percent. Further assume that the returns are normally distributed. Use the NORMDIST function in Excel® to determine the probability that in any given year you w..
Your current facility meets the relevant NFPA codes, and your employer pays $100,000/year in liability insurance on the facility. Upgrading the meet the facility to meet the insurance company’s guidelines would cost $80,000, but would lower your annu..
discuss the following topic how can persistently weak currencies be stabilized?many countries suffer from chronical
Beth is planning to buy a Pentium-based PC for rental purposes. She has calculated that her expected cash flows from the investment for the next five years would be as shown below. If she earns an annual interest rate of 9.75%, what will be the value..
A project has an initial outlay of $4,000. It has a single payoff at the end of Year 4 of $6,996.46. What is the IRR for the project (round to the nearest percent)?
You borrow $100,000 at an interest rate of 12% compounded semi annually on January 1st, 2005. The loan terminates on December 31st, 2008. The loan terms call for interest payments every six months (at the end of each period) for the next 3 years and ..
Testing the validity of your calculations by subjecting them to change is known as-Qualitative testing, Horizontal analysis, Vertical analysis, Sensitivity analysis.
Central Penn College is evaluating making an investment with a portion of the principle from its endowment fund. Calculate the investment's expected return if there's a 40% probability of a 10% return, a 30% probability of a 9% return, and a 15% prob..
Momsen Corp. is experiencing rapid growth. Dividends are expected to grow at 25 percent per year during the next three years, 15 percent over the following year, and then 7 percent per year indefinitely. The required return on this stock is 12 percen..
What does it mean when we say that the correlation coefficient for two variables is -1? What does it mean if this value were zero? What does it mean if it were +1?
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