Seligram, Inc.: Electronic Testing Operations 1. What caused the existing system at ETO to fail? 2. Calculate the reported cost of the five components listed in Exhibit 6 using: a. The existing system. b. The system proposed by the accounting manager. c. The system proposed by the consultant. 3. Which system is preferable? Why? 4. Would you recommend any changes to the system you prefer? Why? 5. Would you treat the new machine as a separate cost center or as a part of the
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Question 3 The following income statement is for Salem Data Service, with the assumption that intra-company usage is 205 hours and commercial usage is at the March Level. Income statement for Salem Data Services Revenues: Intra-company sales $82,000 Commercial sales 110,400 Total revenues 192400 Variable expenses (power +hourly personnel) 9,844 Contribution margin 182,556 Fixed expenses: Rent $8,000 Custodial services 1,240 Maintenance
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Case Study Salem Telephone Company Name: Due Date: 1. With respect to revenue hours, power costs and hourly personnel wages are variable expenses, because the cost per hour is constant for these two expenses. Rent, custodial services, computer leases, maintenance, depreciation of computer equipment, office equipment and fixtures, operations salaried staff, systems development and maintenance, administration, sales, sales promotions, and corporate services are fixed expenses. (Sales
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Bridgett Jamison Managerial Accounting Salem Telephone Company Case Study 1) Variable Expenses with respect to revenue hours are the power expense and the hourly personnel salaries expense. Fixed expenses with respect to revenue hours are rent, custodial services, computer leases, maintenance, depreciation of computer equipment and office equipment and fixtures, operations salaried staff, systems development and maintenance, administration, and sales, sales promotions, corporate services.
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Table of Contents Introduction Section I Forward .. ………………………………………………………………………………….….4 Welcome……………………………………………….…………………………………….....5 Mission & Vision Statements …………………………………………………………………6 Goals and Objectives ………………………………………………………………………....7 The Department of Housing and Residence Life Section II Organizational Flowchart………………………………………………………………….…..9 Residence Life Staff ………………………………………………………………………....10
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TOPICS IN MANAGEMENT ACCOUNTING AMIS 4310 Topics/Case Descriptions Measuring Product Costs Case: Seligram, Inc.: Electronic Testing Operations Case Description: Explores the obsolescence of a cost system when technology changes. In particular, it asks students to increase the number of cost centers and allocation bases. The firm moves from a one-center, direct labor-hour system to a three-center, direct labor-hour and machine-hour
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TOPICS IN MANAGEMENT ACCOUNTING AMIS 4310 Topics/Case Descriptions Measuring Product Costs Case: Seligram, Inc.: Electronic Testing Operations Case Description: Explores the obsolescence of a cost system when technology changes. In particular, it asks students to increase the number of cost centers and allocation bases. The firm moves from a one-center, direct labor-hour system to a three-center, direct labor-hour and machine-hour
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TOPICS IN MANAGEMENT ACCOUNTING AMIS 4310 Topics/Case Descriptions Measuring Product Costs Case: Seligram, Inc.: Electronic Testing Operations Case Description: Explores the obsolescence of a cost system when technology changes. In particular, it asks students to increase the number of cost centers and allocation bases. The firm moves from a one-center, direct labor-hour system to a three-center, direct labor-hour and machine-hour
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| | |Please help convert this timeline into prose or, if necessary, a list. | While a student at the University of Texas at Austin in 1984, Michael Dell founded the company as PC's Limited with capital of $1000[4]. Operating from Michael Dell's off-campus dorm room at Dobie Center [1], the startup aimed to sell IBM PC-compatible computers built from stock components. Michael Dell started trading in the belief that by
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26th, 2012 ABDEL-HAFEZ Omar Sihan Li Yuan Chen Tianjiao DU Revised June 26th ,2013 ABDEL-HAFEZ Omar Sihan Li Yuan Chen Tianjiao DU Tested August 7th, 2012 Statement from Management to employee Camel dive club and hotel is a service company that owns 2 diving centers , hotel, bar and restaurant. Statement from Management to Employee Our risk is heightened by nature of industry such as use of dysfunction of breathing equipment in an underwater environment, dysfunction of
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