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Accounting Discussion
Find a journal article online about standard costing. In the subject line of your post, include the title of the article that you read. Post a link to that article with your initial post, and provide a summary and a reaction to the article. The summary should describe the major points of the article, and the reaction should demonstrate your interpretation of the article and how you can apply that knowledge. Do not choose an article that one of your classmates has already addressed in a post.
Compute the first year of depreciation expense using straight-line component depreciation.
Explain the customer level cost and where would that cost fall in customer cost hierarchy - what is the cost driver to be used as allocation base?
When are petty cash expenses recognized (at the time of establishment, reimbursement, or replenishment)?
What was the amount of direct materials charged to Job number 83 and the ending inventory was 25% complete as to the conversion cost. 100% of direct material was added at the beginning of the process. What was the total cost transferred out?
Determine the amounts of revenue or expense associated with each of the following cash flows- cash received from customers was $8.5 million; accounts receivable increased by $1.6 million.
Prepare abbreviated income statements for the years 2011 and 2012 on the cash basis -Prepare abbreviated income statements for the years 2011 and 2012 on the accrual basis.
Why does the bank charge more interest for one company than another and what does the credit rating say to an investor?
Prepare a schedule showing the Dutch subsidiary's income statement for 2011 and 2012 in euros and in dollars, using both the current rate and temporal methods. Compute the percentage change in income in each case.
Evaluate Branson's projected operating income if 28,000 movie patrons see movies through a month?
The following information is available for Keystone Manufacturing Company.
All costs incurred were debited to the appropriate account and credited to Accounts Payable - Basic Cost Flow Model
How do you post transaction to the following accounts: cash, accounts receivable, and allowance for uncollectable accounts?
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