Managerial compensation and performance evaluation
1-What role does the budgeting activity play in managerial compensation and performance evaluation?
2-Discuss briefly the type of information contained on (a) a bill of materials and (b) an operations flow document?
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Kennedy Company has the following collection pattern for its accounts receivable: Kennedy Company has the following collection pattern for its accounts receivable:How much should the company expect to collect on its receivables in June?
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What role does the budgeting activity play in managerial compensation and performance evaluation?
On December 31, 2013, Seal Company sold the machine to a nonaffiliated firm for $35,000. On the consolidated statements, how much gain or loss on the intercompany machine sale should be recognized in 2011, 2012, and 2013? Explain your answer.
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Popeye Company purchased a machine for $480,000 on January 1, 2012. Popeye depreciates machines of this type by the straight-line method over a five-year period using no salvage value.
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