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Find What is materials price variance for Lucy Corporation? The Lucy Corporation purchased and used 129,000 board feet of lumber in production, at a total cost.
Bowie Sporting Goods manufactures sleeping bags. Determine the labor rate variance and round to the nearest whole dollar.
Do you think only top managers (CEO, President, etc.) should prepare the company budget, or do you think all employees should have a say in the company budget?
Which is not a component of a time value of money calculation? The opportunity costs of the alternative actions./ The time until the cash will be received.
Which is correct concerning a budget? It is a formal document that quantifies a company's plans for achieving its goals.
Evaluate each machine using both the shortest-common-period-of-time approach and the equivalent-annual-annuity approach.
Which operating income would have increased had the entire R and D expenditure been recorded as an intangible asset instead of being charged to expense
Prepare a schedule of cost of goods manufactured for the year. Assume all raw materials are used in production as direct materials.
Critique the difference between cash and accrual accounting and discuss one significant advantage of accrual accounting over cash accounting.
Are the manager's actions ethical? Are they legal? Explain your answer and use at least one credible source to support your justification.
Service breakdowns occur whenever any product or service fails to meet the customers' expectations. Describe the steps you would take to rectify
Describe the five elements of quality service and enhanced customer service experience. What are the two dimensions of service?
List and explain 8 different factors that help you deliver superior service to customers. Identify 5 strategies you could implement to identify customer's needs
Describe 5 strategies appropriate to hospitality that you can implement to gather effective staff and customer feedback to enhance service delivery
Describe conflict resolution techniques Accommodation Avoiding,Collaborating Compromising Competing
A company wants to earn an income of $60000 after taxes. If the tax rate is 32%, what must be the company's pre-tax income in order to have $60000 after taxes?
How much would you reduce the amount you owe in the first year? Suppose you borrowed $70,000 at a rate of 8.5% and must repay it in 5 equal installments.
Present the journal entry the accountant would make to record the warranty accrual given your chosen percentage. Assume computer sales are $500,000
What variances do you think would be most significant to the company? Please explain and use resources that can be cited.
If you are working in for an industry company (ex. autobody repair shop), What variances do you think would be most significant to the company? Explain
Proceeds from sale of old building material 9 000. Determine which one of the amounts represents the total capitalised cost of the asset, equipment.
The risk free return prevailing in the market is 5% per annum. Using the CAPM, what is the market risk premium? Give your answer as a percentage per annum
Changes in Accounting Estimates and Errors may also be relevant to your analysis. How has the impairment affected the companies debt/asset ratio?
What practices would you need to establish to insure the information is stored securely in your computerised accounting system? (backups vs cloud storage etc)
Explain the function and key features of a Chart of Accounts. How is it helpful when recording transactions in an accounting system?