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Who hasn't thought about the little wreck, a slip in a store, or hot drink that spilled in someone lap and they got $2 million. Heck, just give me a million and I will be happy to sit at home with on line courses and fish. But since the fairy godmother does not fly by my home, I have to do it the old fashion way. Unfortunately, with the numerous lawyers and wide open judicial decisions, even if I did make it the old fashion way, someone could take it from me for tripping on my curb. In your opinion, with justifications, discuss whether civil judgments should be limited in all types of cases (or if lawyers and judges should be tarred and feathered for allowing these cases to go to court). Develop what criteria would you established for honest and proper judgments?
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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