...ch05.qxd 9/27/04 4:19 PM Page 174 CHAPTER Q1 Q2 Q3 Q4 Q5 Q6 Job Costing In Brief Custom products and services, which are produced singly or in small batches, need to be valued for financial statements, tax reporting, and management monitoring. Job costing is an accounting method used to assign product costs to custom products or services. In job costing, direct costs are traced and overhead costs are allocated to individual jobs. Sometimes defects occur in custom products. Defective units can sometimes be reworked. The costs for both spoilage and rework need to be accounted for, as does the cost of scrap that arises from production. This Chapter Addresses the Following Questions: How are costs assigned to customized goods and services? How is overhead allocated to individual jobs? What is the difference between actual costing and normal costing? What are the uses and limitations of job cost information? How are spoilage, rework, and scrap handled in job costing? What are the quality and behavioral implications of spoilage? ch05.qxd 9/27/04 4:19 PM Page 175 BOMBARDIER: CUSTOM MANUFACTURING n 1942, the Canadian company L’AutoNeige Bombardier Limitée began manufacturing tracked vehicles for snow-covered terrain. These vehicles were early models of what later became snowmobiles. In English, L’Auto-Neige means snow car. Over time, the company developed expertise in building engines and expanded into other markets such as personal watercraft, aircraft, subway cars, buses...
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...senior chemist be assigned for the duration of the project. In the past, the senior chemists had been used mainly for internal rather than external customer projects. This would be the first time a senior chemist had been assigned to this client. With only four senior chemists on staff, the project manager expected the resource negotiation process with the lab manager to be an easy undertaking. Project manager: “I understand you’ve already looked over the technical requirements, so you should understand the necessity for assigning your best senior scientist.” Lab manager: “All of my senior scientists are good. Any one of them can do the job. Based upon the timing of your project, I have decided to assign John Thornton.” Ducor Chemical 237 1321.ch05 11/3/05 9:14 AM Page 237 Project manager: “Just my luck! You assigned the only one I cannot work with effectively. I have had the misfortune of working with him before. He’s extremely arrogant and unpleasant to work with.” Lab manager: “Perhaps so, but he got the job done, didn’t he?” Project manager: “Yes, he did. Technically, he is capable. However, his arrogant attitude and sarcasm produced a demoralizing atmosphere for my team. That project was about three months in length. This project is at least a year. Also, if follow-on work is generated, as I expect it to be, I’ll be stuck with...
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...Ch05 ControlSys-4e-A&S 03-21, 03-22-2013 Chapter 5 INDUSTRIAL CONTROL SYSTEMS REVIEW QUESTIONS 5.1 What is industrial control? Answer: As defined in the text, industrial control is the automatic regulation of unit operations and their associated equipment as well as the integration and coordination of the unit operations in the larger production system. 5.2 What is the difference between a continuous variable and a discrete variable? Answer: A continuous variable is one that is uninterrupted as time proceeds, and it is generally considered to be analog, which means it can take on any value within a certain range. A discrete variable is one that can take on only certain values within a given range, such as on or off. 5.3 Name and briefly define each of the three types of discrete variables. Answer: The three types of discrete variables are (1) binary, (2) discrete other than binary, and (3) pulse data. Binary means the variable can take on either of two possible values, ON or OFF, open or closed, and so on. Discrete variables other than binary are variables that can take on more than two possible values but less than an infinite number. Pulse data consist of a series of pulses and each pulse can be counted. 5.4 What is the difference between a continuous control system and a discrete control system? Answer: A continuous control system is one in which the variables and parameters are continuous and analog. A discrete control system is one...
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...8/4/13 Chapter 1 Results 36% (9 out of 25 correct) Responses to questions are indicated by the symbol. 1. Corporations generally receive more favorable tax treatment than sole proprietorships and corporations. A. True B. False Correct! Sole proprietorships and partnerships generally receive more favorable tax treatment than corporations. 2. Which is not one of the three forms of business organization? A. Sole proprietorship B. Creditorship C. Partnership D. Corporation This is one of three forms of business organization discussed in the chapter. 3. Which is an advantage of corporations relative to partnerships and sole proprietorships? A. Increased difficulty of raising funds B. Harder to transfer ownership C. Reduced legal liability for investors D. Most common form of organization Ownership is easier to transfer in a corporation than in a partnership or proprietorship. 4. Easy transfer of ownership is a characteristic of which form of business organization? A. Sole proprietorship B. Partnership C. Corporation higheredbcs.wiley.com/legacy/college/kimmel/1118162285/self_test/ch01.html?newwindow=true 1/8 8/4/13 Chapter 1 Results D. All of the answer choices are correct Partnerships are effectively dissolved when any portion of the partnership is sold, closed, boughtout by the other partners, or bought by a new partner or partners. 5. In which forms of business organization are the owners personally liable for all the debts of the...
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...Eat Fresh Not Processed With all the focus on getting healthier through eating right and exercising these days, I am making a stand try to completely eliminate processed foods from my diet. If you see a food product in a box, a bag, or any type of packaging and it did not come from a health food store chances are it’s processed. Foods that are processed lose most of their nutritional value and substituted with unhealthy fillers like sugar and carbohydrates. Artificial colors, sweeteners, high fructose corn syrup, and salt are some of the other unhealthy substitutes used in processed foods. Consuming too much high fructose corn syrup itself is believed to be a factor in weight gain, dental cavities, and overall poor nutrition. Not only does it taste better, but fresh foods also provide more nutrients than processed foods. When attempting to get the full benefits of fresh foods, one should purchase fresh fruits and vegetables. These fresh foods contain vitamins, minerals, enzymes, and fibers that are all needed in order to maintain optimal health. Eating fresh foods over processed makes it easier to lose and maintain weight as well as providing more energy because processed foods are not nutritious. A big part of fresh food and its vitamins is when it is consumed. Fresh foods start losing their vitamins the moment they are picked and sometimes sit in stores or warehouses for weeks before being purchased. This is a good reason to try and purchase food from a farmers market where...
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...ACC 560 COMPLETE CLASS CHAPTER PROBLEMS, QUIZZES AND ASSIGNMENTS To buy this click here http://www.coursehomework.com/product/acc-560-complete-class-chapter-problems-quizzes-and-assignments/ +1 315-750-4434 , help@coursehomework.com ACC 560 COMPLETE CLASS CHAPTER PROBLEMS, QUIZZES AND ASSIGNMENTS ACC 560 WK 1 HW Ch01 - Exercises 5, 8, 12, and 16, Problems 1 and 4 ACC 560 WK 2 HW Ch02 - Exercises 4, 9, 11, and 12, Problems 1 and 5 ACC 560 WK 2 HW Ch03 - Exercises 2, 5, 6, and 13, Problems 1 and 6 ACC 560 WK 2 Quiz 1 ACC 560 WK 3 Assignment 1 - Activity-based Costing (ABC) in Service Industries ACC 560 WK 3 HW Ch04 - Exercise 2, 3, 9, and 12, Problems 2 and 4 ACC 560 WK 3 Quiz 2 ACC 560 WK 3 Quiz 3 ACC 560 WK 4 HW Ch05 - Exercises 8, 13, 14, and 17, Problems 1 and 5 ACC 560 WK 4 HW Ch06 - Exercises 5, 10, 13, and 14, Problems 1 and 5 ACC 560 WK 4 Quiz 4 ACC 560 WK 5 HW Ch07 - Exercises 2, 5, 9, and 17, Problems 1 and 4 ACC 560 WK 5 HW Ch08 - Exercises 4, 5, 10, and 16, Problems 1 and 6 ACC 560 WK 5 Quiz 5 ACC 560 WK 5 Quiz 6 ACC 560 WK 6 HW Ch09 - Exercises 2, 6, 17, and 19, Problems 2 and 4 ACC 560 WK 6 HW Ch10 - Exercise 3, 7, 13, and 19, Problems 1 and 4 ACC 560 WK 6 Quiz 7 ACC 560 WK 6 Quiz 8 ACC 560 WK 7 HW Ch11 - Exercises 2, 4, 14, and 16, Problems 1 and 4 ACC 560 WK 7 Quiz 9 ACC 560 WK 7 Quiz 10 ACC 560 WK 8 HW Ch12 - Exercises 3, 6, 7, and 11, Problems 1 and 3 ACC 560 WK 8 Quiz 11 ACC 560 Complete Class Chapter Problems, Quizzes and...
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...Shequila Elmore BSOP 588 Measuring Customer Satisfaction Shequila Elmore BSOP 588 Measuring Customer Satisfaction Customer satisfaction is the extent to which a customer is happy/satisfied with the products/services being provided by the organization. It is one of the most important indicators of a successful organization. As. Theodore Levitt once said “The purpose of a business is to create and keep customers”. This means we have to measure the customer satisfaction which is also help the organization by providing insights into how to attract new customers. There are several methods for measuring satisfaction including surveys, focus groups, complaint analysis and user groups. The most used method is the customer survey method, which could be brief or lengthy feedback forms. Surveys can be provided in several ways such as the mail, email, or over the phone (Simpson). Surveying a customer after he/she searches a website with a pop up which guides them to another screen where they can rate the information they found, whether it was useful or not, or staying on the line after you finish with a representative to take a automated survey. This method is used to capture important data that it can use to determine the company’s strengths and weaknesses regarding levels of service (Mayhew). Field intelligence is another method for gathering customer information. Any employee who comes in direct contact with customers can obtain useful information simply by engaging in conversation...
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...Conflict between Multi-culture Organizations and How We Can Overcome It Author Institution Globalization has seen many businesses venture into international markets to gain competitive advantage. As a result, they have to set up “shops” in new countries in people have their own culture of doing things. They employ people from these different national cultures, and mostly relocate their managers to run the business. Managing a business entity with a diverse workforce towards achieving a common goal is problematic. People have their own ways (cultures) of doing things. As a result, most managers consult Hofstede’s four-dimension model to manage efficiently. The dimensions are power distance, uncertainty avoidance, individualism/collectivism, and masculinity/femininity. By observing how different cultures act based on these dimensions, they come up with solutions to solve conflicts. However, Hofstede’s model is not as efficient as perceived by most people across the world. Although Fernandez et al. (1997, p. 52) resonates with Hofstede, he highlights why the managers should exercise caution while using his findings to manage workforce in the modern day life. In his recent study on reexamination of Hofstede’s country classifications, Fernandez et al. (1997) reveals that significant changes have taken place since Hofstede’s original study. He finds out that many of the countries examined in the present study showed a shift in ranking when compared with Hofstede’s initial...
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...1/22/2014 1/22/2014 R. Benjamin Argosy University R. Benjamin Argosy University M2A2 American Disabilities Act Cultural Diversity in the Workplace | MGT450 A01 Faculty: Dr. Karen Marando M2A2 American Disabilities Act Cultural Diversity in the Workplace | MGT450 A01 Faculty: Dr. Karen Marando The Americans with Disabilities Act (ADA) was signed into law on July 26, 1990. With the goal to make American Society readably available to people with disabilities. In 2008, the ADA Amendments Act (ADAAA) was passed. The intention of this act was to widen the definition of disability, a definition that had been narrowed by decisions of the U.S. Supreme Court. The Americans with Disabilities Act has five section referenced as “Titles”: 1. Title 1, “Employment” Title I requires effected employers to provide reasonable accommodations for applicants and employees with disabilities and guards against discrimination on the basis of a disability in all areas of employment. According to the act examples of reasonable accommodation includes, making work-sites and/or workstations accessible, restructuring jobs, modifying schedules, providing interpreters, modifying equipment and creating accommodation policies. 2. Title 2, “Public Services” Under Title II, public services must provide equal services to individuals with disabilities cannot deny services to people with disabilities as they do to people without disabilities. Also, public transportation systems, must be accessible...
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...Jessica Couture 7/22/2012 CJS/210 Final: Future of policing paper The biggest issue that effects policing is technology. Technology is at a rise and growing at an incredible rate. Technology advancement gives criminals a whole new way or an easier way to commit crimes. Eventually technology is going to take away jobs from our police officers and other individuals working in law enforcement. We are no longer going to need police officers out on patrol monitoring traffic, we have high speed cameras to detect incident detection, and vehicle counting, traffic flow monitoring and even people who violate traffic laws like speeding, running red lights and stop signs. The technology only gets better with the better quality of surveillance camera on street corners. This trend is going to push for more cameras in high populated areas to maintain safely and order. They now have surveillance cameras with facial recognition so that the camera can identify you. These trends are either going to affect policing in a good way or a potentially be used against them because criminals these days are getting smarter with all this tech-savvy generation that we all live in. We are going to see more criminals of all ages young and old committing more crimes like internet fraud, financial crimes like embezzlement, bribery, credit card fraud, indentify theft and insider trading are just to name a few. The question is can law enforcement keep up with the latest trend of technology? Law enforcement...
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...One of the most serious problems that China faces today is water pollution. Beijing, Capital of China, just like many other Chinese cities, it is suffering from high levels of water pollution. A report made by the state of environmental agency concluded that the level of pollution in Beijing’s water sources is not safe. Another investigation made by the Environmental Protection Supervision Center of North China shows that the north Canal, which provides water to more than 70% of Beijing’s total population had a level of pollution that is 95 times higher than what is considered safe. “Zhao Feihong”, a water researcher in Beijing healthcare association states that there is in Beijing over 100 rivers, however only two or three of them are safe to be used for tap water. These and many more reports made, show that the water sources in Beijing are not safe to drink, however, what are the causes and effects of this pollution? Now, I will be discussing the causes and effects of water pollution in Beijing, and how it differs from other mega cities in the world, such as Jakarta, and New York. With being one of the largest population cities in the world, it’s not surprising to see a huge amount of wastewater produced in Beijing. Due to untreated urban sewage, this wastewater which contains human waste, washing water, urban runoff, industrial wastewater, etc. often end up in the drinking water supplies that Beijing’s citizens consume. In addition to that, the lacks of enforcement of environmental...
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...Selection and Repetition Control Structures PRG 210 March 30, 2011 John Rogers Selection and Repetition Control Structures Introduction This paper reviews and explains selection control structure and repetition control structure. Selection and repetition control structures increase the ability and power of a computer programs. Selection control structure allows statement execution if a condition is true and another statement execution if a condition is false. Repetition control structure or looping is the process of repeating execution of one or more steps of an algorithm or computer program. Essentially in programming, many performed calculations have repetitious tasks. Examples of both a selection control structure statement and a repetition control structure statement identifies and helps understand the importance of available computer operations to the programmer to compare variables, select one of two actions and repeat tasks as necessary. Selection Control Structure Statement executions in programming are under the control of one statement at a time. When statements execute, control is turned over to the next statement similar to running a relay race; one runner passes the baton to the next runner until the result of the baton across the finish line. When one statement finishes executing, control passes to the next statement until the desired output calculates. Computer programs use selection control structures to choose between alternative actions...
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...Krystle Barrows Habeas Corpus Final Paper American National Government (GSI1326K) Instructor Kuffel July 29, 2013 Habeas Corpus is an important article written into the constitution of the United States and is considered be the “great writ of liberty”. It was not originally written for the constitution but was adopted by the framers from their original home in Great Britain. In my paper I will talk about the meaning and history of Habeas Corpus including how Habeas Corpus and our civil liberties are interpreted and treated in regards to our constitutional rights as well as when congress determines it is lawful to suspend. Habeas Corpus is a writ that was formed as Habeas Corpus Act of 1679 and is used to keep and individual from being unlawfully imprisoned. The earliest version of Habeas corpus appeared in British’s Magna Charta (a Latin phrase means “Great Charter”) in 1215. In the history of Habeas Corpus, in the United States, Presidents had used their war-time executive order power to suspend Habeas Corpus Act of 1679 and/or declared martial law in some of the cases researched. According to the article Habeas Corpus in the Columbia Electronic Encyclopedia 6th edition (2011)” the writ of habeas corpus is Latin for you should have the body”. There are two important factors that go along with its Latin meaning. First, a writ is a document in a courts name to a jailor for example, to act or not act in some way. This writ is an order by judge to see a prisoner in the...
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...Basseri Culture Name: Jinette Rivera Course Name: Cultural Anthropology Presented To: Cynthia Livingston Date: January 9, 2012 Table of Contents 1. Abstract 2 2. Introduction 3 I. Basseri Culture: 3 a) Domestic Tasks: 4 b) Frequent Migration: 4 c) Herding 4 II. Thesis Statement: 5 3. Mode of subsistence 5 4. Three Aspects of culture: 6 I. Kinship and socio political Organization: 6 II. Beliefs and Values 7 a) Evil Eyes and Envy: 7 b) Religion: 8 c) Marriage: 8 d) Anticipatory Inheritance: 8 e) Other Beliefs: 9 5. Conclusion 9 6. References 10 Abstract The purpose of this paper is to shed some light on Basseri culture. First part of the paper covers the introduction to basseri culture and their mode of subsistence. Basseri society is the nomadic parodists and migrates frequently so that they can have an advantage of seasoning grazing resources. Livestock is the primary source of their subsistence. Next part of the paper covers the three main aspects of basseri culture. Kinship, Socio Political Organization and their Beliefs have been cited in detail. Last part of the paper is ended with the conclusion. Introduction Basseri Culture: Basseri community lives in the area of Southern Iran and is commonly known due to their traditional pastoral practices. Southern Iran is considered...
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...Is it worth blowing the whistle? Ethics, values and beliefs all play a role in accounting. But when it comes being a whistleblower you can see where these things can start to conflict with one another. Even though there are laws to protect a whistle blower very few people do and those who do blow the whistle aren’t always happy after it’s done. At the same time those who do report do receive benefits and can say they truly have honesty and integrity. Ethics is more than just what’s right and wrong. What is right to one person can be considered wrong to another. Ethics are based off of what we know to be morally right or wrong. Smoking marijuana is wrong in the United States but considered ordinary or right in Amsterdam. Some ethical decisions go further than knowing what is the right thing to do, sometimes our emotions can get the best of us and leave us making poor decisions. When deciding the ethical thing to do in a situation you must set your emotions aside and base your decision on what you know or consider being right. Ethics is a large part of accounting. You are constantly faced with decisions where you need to decide the ethical thing to do. Whistleblowing involves the act of reporting wrongdoing within an organization to internal or external parties (Eaton & Akers, 2007).As a whistleblower your ethical decisions are what decide if you should blow the whistle. You know that adjusting numbers such as Enron did is wrong and unethical. Many people are afraid...
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