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1. What is responsibility accounting? Is it used at your current (or former) place of employment, and if not, would it work? Why or why not?
2. Find a journal article online about absorption and/or variable costing. In the subject line of your post, include the title of the article that you read. Post a link to that article with your initial post, and provide a summary and a reaction to the article. The summary should describe the major points of the article, and the reaction should demonstrate your interpretation of the article and how you can apply that knowledge. Do not choose an article that one of your classmates has already addressed in a post.
Compute the price and efficiency variances for direct materials and direct labor. For manufacturing overhead, compute the variable overhead spending and efficiency variances and the fixed overhead spending and volume variances
Briefly describe independent auditors' concept of materiality. Describe some common relationships and other considerations used by auditors when assessing the dollar amount considered material. In other words, what are some common measures of mate..
southern company is preparing a cash budget for april. the company has 12000 cash at the beginning of april and
The total contribution margin for the month under variable costing is:
At the December 31, 2010 balance sheet date, Unruh Corporation reports an accrued receivable for financial reporting purposes but not for tax purposes. When this asset is recovered in 2011, a future taxable amount will occur and
brenan inc. purchased equipment at the beginning of 2004 for 1520000. brenan. the equipment has an estimated residual
Price Corporation has 100 shares of common stock outstanding. Price repurchased all of Penny's 30 shares for $35,000 cash during the current year. Three years ago, Penny received the shares as a gift from her mother.
jarvie loves to bike. in fact he has always turned down better paying jobs to work in bicycle shops where he gets an
The partnership paid gauranteed payments to Simone of $1000 and $2000 per month during the fiscal years ended September 30, 2010 and 2011. How much will Simone's adjusted gross income be increased by these partnerhip items for her tax year ended D..
1. Under what conditions a contingent liability should is recorded?
The LMN Partnership has a group term life insurance plan
What is the value of T's capital if T is acquired by F Corporation?
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