produced standard motors rather than customized motors, the market for standard motors was very competitive. The old strategy for Siemens for a very long time was producing a single-variety of motor to reduce cost and price aggressively. In spite of expanding the plant, EMW still cannot lower its costs to offset the lower labour rates. The competition became more fierce. By using the new strategy, EMW started to produce different varieties of motors in small production runs in order to get more profits
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$218,400 of estimated total manufacturing overhead. The company incurred actual total manufacturing overhead costs of $215,000 and 11,500 total direct labor-hours during the period. Part (a) Determine the amount of under-applied or over-applied manufacturing overhead for the period. Part (b) Assuming that the entire amount of the under-applied or over-applied overhead is closed out to Cost of Goods Sold, what would be the effect of the under-applied or over-applied overhead on the company’s gross
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Joint Activities with a Fund-Raising Appeal The Joint Costs of Multi-purpose Activities is the subject of AICPA Statement of Position No. 98-It applies when an organization combines the fundraising function with another function - usually some type of program activity, such as public education ("Joint Cost Allocation | Nonprofit Accounting Basics," n.d.). There are three criteria that must be met in order for a non-for profit organization; Purpose, audience, and content. The purpose indicates
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postponement) the allocation of laser printers (or specification of printer engine) to specific regions by about two months. Thus, in these two months the decisions can be made based on the aggregate demand forecast (US & Europe) in all regions. Production team believes universal power supply can enable HP to better respond to regional demand (US & Europe) and reduce its inventory costs. Question 2 1. Disadvantages / costs of the universal power supply include: i. Increase material cost (USD 30/unit)
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Salespersons' company vehicle costs 12,000 Depreciation of manufacturing equipment 264,000 Depreciation of office equipment 123,600 Miscellaneous plant overhead 135,000 Plant utilities 92,400 General office expenses 305,400 Marketing distribution costs 30,000 Required: a. Prepare a cost of goods manufactured schedule for the quarter. b. Prepare a cost of goods sold schedule for the quarter c. Indentify inventoriable and period costs d. Explain why product costs are classified in different
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manual and test bank, visit http://downloadslide.blogspot.com Solutions Manual COST ACCOUNTING © 2012 Pearson Education, Inc. Publishing as Prentice Hall. SM Cost Accounting 14/e by Horngren © 2012 Pearson Education, Inc. Publishing as Prentice Hall. SM Cost Accounting 14/e by Horngren To download more slides, ebooks, solution manual and test bank, visit http://downloadslide.blogspot.com Solutions Manual COST ACCOUNTING Fourteenth Edition Charles T. Horngren Srikant M. Datar Madhav Rajan
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into cost pools. * Warehouse Expenses: includes personal and non-personal expenses related processing cost within the facility * Desktop Truck Expenses: includes personnel and delivery truck expenses related to performing desktop delivery functions. * Commercial Delivery Expenses: includes freight cost * Order Entry Expenses: includes manual order setups, order entries by line item, and EDI/Internet order validation functions 2) Find the rate for each cost pool. Cost Pool
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documents referenced by| | | | | |some reference hyperlinks | Index 1 Introduction 4 2 Defect Life Cycle 4 3 Properties of a defect 6 4 Cost of
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TThe basic rules for interest capitalization are set forth in Statement of Financial Accounting Standards (SFAS) No. 34, Capitalization of Interest Cost. Under this statement, interest incurred throughout the construction period of a project should be included as part of the cost of the asset under construction rather than reported as an expense of the period. The construction period extends from the initial preconstruction activities (e.g., obtaining necessary permits) until an asset is ready
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used (transaction, saving and trading) and describe associated costs including any special offers you are using. Provide brief explanation/justification of your choice of accounts (Does it minimise your transaction costs? Any other reasons?) Example: Green Bank easy transaction account: no transaction costs for money transfers $22 (AUD) fee per transaction for foreign exchange (buying or selling USD) 2. Initial portfolio allocation (as in A2 stage1) Describe your initial portfolio. Provide
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