The Foundational 15 1. Direct materials Direct Labor Variable manufacturing overhead Variable manufacturing cost per unit Variable manufacturing cost per unit Number of units produced Total variable manufacturing cost Fixed manufacturing overhead per unit Number of units produced Total fixed manufacturing cost Total product (manufacturing) cost $ $ $ $ $ 6.00 3.50 1.50 11.00 11.00 10,000 $ 110,000.00 4.00 10,000 $ 40,000.00 $ 150,000.00 $ 2. Sales commission Variable administrative
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Lecture Unit 3 In the last unit we were introduced to the contribution income statement. I noted the needs of internal management in planning, controlling and decision making are met with this statement format. Breaking costs into behaviors and not functions allows management to determine how costs will rise and fall with different levels of activity; this is a very important concept. A company can have the best products, best workers, and best machinery, but imprecise pricing or cost
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ACCT 495 Group 4 July 14th 2014 Chapter 15 Homework Exercise 7- American Food Services, Inc made a lease agreement $4 million (FV & PV) 4 equal payments at end of each year. Useful life is 4 years no residual value. Interest rate implicated is 10%. 1. Prepare journal entry for American Food Services at Jan 1 2011. Lease Equipment (packaging machine) 4,000,000 Lease Payable(packaging machine) 4,000,000 2. Prepare amortization schedule for the four-year term. Date | Payment
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------------------------------------------------- Chapter 15 Capital Structure Decisions ------------------------------------------------- ANSWERS TO END-OF-CHAPTER QUESTIONS 15-1 a. Capital structure is the manner in which a firm’s assets are financed; that is, the right-hand side of the balance sheet. Capital structure is normally expressed as the percentage of each type of capital used by the firm--debt, preferred stock, and common equity. Business risk is the risk
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Chapter 15 Study Guide In 1200, the Middle East and north Africa were dominated by two powerful empires: Byzantine and Islamic caliphate. By 1400, this structure was in disarray: • Byzantine was in decline, pressed by invading Ottoman Turks. Constantinople fell to Turks in 1453, ending empire. • By 1200s, the Muslims had fallen to Mongols. Arabs never able to unite the entire region again. Decline of Islamic caliphate: decline of caliphate and its economy was gradual and incomplete
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KOLEJ BANGI SUBJECT BUSINESS MATHEMATICS (TBM1063) NAME | NO. ID : SECTION 4 AB101 1) MUHAMMAD JAMAL FIKRI BIN MOHD RAZID PTM140716652 2) MOHAMAD FIKRY HAFIDZ BIN JUPRI PTM140716685 3) NUR HAZIQAH BINTI ABD. RAZAK PTM140716677 4) NURUL HASANAH BINTI KAMARUDIN PTM140716657 5) NURRUL ATIKAH BINTI MOHD FATMI SHAH PTM140716696 6) AMIRA BINTI SHIR MOHAMMAD PTM140716658 NAME LECTURER : MADAM NURULHUDA BINTI ABDUL
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Writing a standard business letter –part 2 The UK format is similar to US full block format, with these key differences for UK letters: * The return address is right-aligned * The date is written as “15th May 2008” not “May 15, 2008” * A comma, not a colon, follows the recipients’ name * The subject (if included) is centred In the UK, a standard business letter looks like this: Just as with the US examples, I’ll break the letter down into the main elements, working from the
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The Foundational 15 1. and 2. The unit product costs under variable costing and absorption costing are computed as follows: | Variable Costing | Absorption Costing | Direct materials | $24 | $24 | Direct labor | 14 | 14 | Variable manufacturing overhead | 2 | 2 | Fixed manufacturing overhead ($800,000 ÷ 40,000 units) | — | 20 | Unit product cost | $40 | $60 | 3. and 4. The total contribution margin and net operating income under variable costing
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-Summary for Ch. 11-15 (AT LEAST FOUR SENTENCES): Jem and Scout think that Mrs. Dubose is a very mean neighbor. After she says something about Atticus that upsets Jem, he stops at her house and tramples her camellias. Atticus found out before he got home from work and now the children are in trouble. Jem is made to go to Mrs. Dubose and read to her everyday for a month, and Scout has to join him. A month after his punishment is over, she passes away. Calpurnia took Jem and Scout to her church one
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With last years school shooting in Newtown Connecticut a movement started to ban assault style rifles, not only would this ban be ineffective but it would be a solution to an issue that does not exist. Assault rifles are used in a very small percentage of gun crimes in the United States and they are only cosmetically different from other rifles. There has been a ban on them in the past and it proved to be an ineffective measure that was allowed to expire without being renewed by congress. These types
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