Normal costing - Guides d'étude, Notes de cours & Résumés

WGU D103 Intermediate Accounting 1: Units 2-4 Pre-Assessment 100% Solved Report a $3500 sale on account Debit: Accounts Receivable $3500; Credit: Service Revenue $3500 Journalize depreciation for the equipment that is $5,000 Debit: Depreciation Expense $5000; Credit: Accumulated-Depreciation Equipment $5000 Journalize the adjusting entry for an employer that owes $1300 for payroll on Jan 10, 2021, for the payroll period ending December 31, 2020. Debit: Salaries and Wages Expense $1300; Credit:...

MAC2601 Principles of Management Accounting 100 Marks Duration 2 Hours This paper consists of twelve (12) pages (including this page). Instructions: 1. This paper consists of FIVE (5) questions and all five questions must be answered. 2. Each question attempted, must commence on a new (separate) page. 3. You may answer the questions in any order, but each answer must be numbered exactly the same as the corresponding question. 4. For questions 1 – 4, all calculations must be show...

Multiple Choice Question The tradeQuestionMultiple Choice Question The trade-offs between actual costing and normal costing involve all of the following except Blank______. Multiple choice question. speed information cost convenience accuracyAnswer & ExplanationTo determine which option is not involved in the trade-offs between actual costing and normal costing, let's briefly review what each term means:1.Actual Costing: This method uses the actual costs of direct materials, direct labor, and...

The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ Total Cost Management ______ is the application of scientific principles and techniques to problems of : - estimation - cost control - business planning & management science - profitability analysis - project management - planning & scheduling Cost Engineering _______ Is the value of an activity or asset. Gene...

MAC2601 May/June Assessment 6 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... QUESTION 1 (25 MARKS) (30 MINUTES) Futhumala (Pty) Ltd (“FTM”) was founded in the year 2000 by the sisters Mandy and Dineo. FTM produces and sells one type of electric bar heater. The FTM heaters have heating bars on three sides and on top and one heater is normally sold to retailers at R700 each. FTM receiv...

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

CAS1501 Assignment 4 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED Answers, guidelines, workings and references ......................Study the following video transcription; -rolling right it's enough -grand corruption at the highest level for the longest time and sadly the consequences of the staff will still be felt for many years to come -let me refresh your memories -state capture is much more than just corruption it sets out to repurchase key constitutional functions in o...

What is the difference between direct and indirect costs? Direct cost can be physically identified with and/or traced to the cost object because there's a direct causal link between them For example, direct cost for a manufactured product line, include the materials which are a part of the product and labor Indirect costs cannot be conveniently and easily traced to each cost object For example, indirect costs, include the machinery, plant, and other labour necessary to manufacture the...

MAC3703 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023 () - DUE 19 September 2023.Detailed working, solutions, memo, notes & explanations.................. QUESTION 1 (30 MARKS) Mrs Sindy Lula has been in the financial Services Sector for more than 20 years and is considering a career shift. At present, she is a credit provider (mashonisa) where she owns and runs the money lending business throughout the Eastern Cape under the name BZN Agri-Retailers (PTY) LTD. Having been in this business for ...

QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a comput...