• Q : Description of forensic accounting....
    Accounting Basics :

    You do some research for Dick, and put together a report including the following: 1) A description of what forensic accounting is.

  • Q : Accounting concepts....
    Accounting Basics :

    Describes the owner's plan, in terms of the ten accounting concepts (Economic entity, Going Concern, Stable Monetary Unit, Accountable Periods, Historical cost, Revenue Recognition, Matching, Full

  • Q : Median versus mean representation of central value....
    Accounting Basics :

    Problem: The median is often a better representative of the central value of a data set when the data set:

  • Q : What is the gross profit per unit....
    Accounting Basics :

    Compute the manufacturing cost per unit using the plantwide overhead rate based on direct labor hours. What is the gross profit per unit?

  • Q : Absorption costing vs variable costing....
    Accounting Basics :

    Problem: What are the differences between Absorption Costing Versus Variable Costing? Give an explanation and a complete example.

  • Q : Direct labor rate variance or efficiency variance for month....
    Accounting Basics :

    A) What is the direct labor (rate) variance for July? Indicate if it is favorable or unfavorable. B) What is the direct labor efficiency variance for July? Indicate if it is favorable or unfavorable.

  • Q : Prepare an analysis of work-in-process....
    Accounting Basics :

    Assuming Allison’s Engines assigned actual monthly overhead cost to jobs on the basis of actual monthly direct labor hours, prepare an analysis of work-in-process for the month of January.

  • Q : Machinery installed to replace employees....
    Accounting Basics :

    New machinery was installed to replace a number of employees, who were paid an extra month's wages and dismissed. This amount was added to the cost of the machinery.

  • Q : Compare and contrast the fasb and the gasb....
    Accounting Basics :

    Question: Please compare and contrast the FASB and the GASB. Provide references .

  • Q : Unfavorable income variance....
    Accounting Basics :

    Prepare as detailed an explanation as possible of the October $72,000 unfavorable income variance

  • Q : Proceeds of a bonus pool in a profit-sharing plan....
    Accounting Basics :

    Four broad approaches to distributing the proceeds of a bonus pool in a profit- sharing plan are listed below: 1. Each person's share is based on salary

  • Q : Employee preference between higher wages and more benefits....
    Accounting Basics :

    Using the theory of consumer behavior, how do you think flexible benefit packages would affect an employee's preference between higher wages and more benefits?

  • Q : Breakeven analysis-direct and indirect costs....
    Accounting Basics :

    After you have completed the breakeven analysis, compute the number of deliveries you will need to make each week to net $250. Please be sure to show your direct and indirect costs.

  • Q : Determine the tax base....
    Accounting Basics :

    (A) Determine the tax base, temporary difference and its related tax consequences for the above items, assuming a tax rate of 15% (B) Prepare related income tax journal entries. (Narratives are not n

  • Q : Calculate the variable overhead spending....
    Accounting Basics :

    Calculate the variable overhead spending and efficiency variance and the fixed overhead spending and volume variances. Indicate whether each is favorable or unfavorable.

  • Q : Retirement plan in your place of employment....
    Accounting Basics :

    Question 1: What is the retirement plan in your place of employment? Question 2: Do you think this is an advantageous and beneficial plan to the employees?

  • Q : Applying the equity method in an investment....
    Accounting Basics :

    When would an investor discontinue applying the equity method in an investment? Are there any exceptions to this rule?

  • Q : Proposal violating the ima code of ethics....
    Accounting Basics :

    Which, if any, of the accountants making a proposal are violating the IMA's code of ethics? What is (are) the violation(s)'?

  • Q : Conversions using the book value method....
    Accounting Basics :

    Make the necessary journal entries for: (a) December 31, 2008. (c) March 31, 2009. (b) January 1, 2009. (d) June 30, 2009. Record the conversions using the book value method.

  • Q : Compute basis in pine corporation for 4 shareholders....
    Accounting Basics :

    Problem: Sam, Carl, Lucy and Sulvia form Pine Corporation with the Following considerations: Assume the value of each share of Pine corporatin stock is $3,000. As to these tansctions, provide the fol

  • Q : Various types of consumption taxes....
    Accounting Basics :

    Question 1: What are the various types of consumption taxes? What are the justifications for each type. Question 2: Why are general sales taxes and excise taxes on liquor and tobacco often regressive?

  • Q : Critical path analysis....
    Accounting Basics :

    Scope is indeed important; as is the need sometimes to change it...happens all the time! Question: Does this  mean the Critical Path Analysis (CPA) can change during the lifetime of a project?

  • Q : What do you learn about naa financial....
    Accounting Basics :

    Pay close attention to the bulleted section. 1. What do you learn about NAA Financial? 2. Who is Michel (Mitchell) Axiall?

  • Q : Portion of total revenue....
    Accounting Basics :

    1. Which segments are separately reportable. 2. Do the separately reportable segments include a sufficient portion of total revenue? Explain.

  • Q : Advantages-disadvantages to a company receiving a bailout....
    Accounting Basics :

    The US government recently bailed out several companies by making investment in their preferred shares. What are the advantages or disadvantages to the company?

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