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1. Distinguish between ‘Direct' and ‘Indirect' labor cost.
2. What do you understand by ‘labor turnover'? What are the causes for the same? How will you prevent labor turnover in your organization?
3. Distinguish between ‘time keeping' and ‘time booking'. What are the objectives of ‘time keeping'?
4. Discuss the methods of time booking in detail. Explain the objectives of time booking.
5. Write detailed notes on I] Job Evaluation and II] Merit Rating
Prepare the journal entries to record the pension expense and funding for the year.
In connection with the issue of bonds at a premium or a discount, what does the term carrying value of bonds mean? What would the carrying value be at maturity date?
Big Thumbs Company manufactures portable flash drives for computers. Big Thumbs incurs monthly depreciation costs of $15,000 on its plant equipment and monthly advertising costs of $3,000 to place advertisements in magazines. Also, each drive requ..
which product or products should be sold at the spilt-off point and which product or products should be processed further ? show computations.
Cynthia gives her son stock with a basis in her hands of $65,000 and a fair market value of $60,000. No gift tax is paid. Son subsequently sells the stock for $63,000. What is his recognized gain or loss?
An estimated salvagevalue of $75,000. Compute the depreciation expense for the firstthree years using the double-declining-balance method.
• How does the debit impact each account type? • How does the credit impact each account type?
How might a partner withdrawing in violation of the partnership agreement and without the consent of the other partners be treated? What about a partner who is forced to withdraw?
The beginning balance of retained earnings was $137,000,while the end of the year balance of retained earnings was $175,000.Net income for the year was $63,000. How much was paid in cash dividends during the year?
Qualitative considerations often play into capital investment analysis. Reflect on an investment that a company you are familiar with has made.
1. compute the return on investmentroi for each division usingthe formula stated in terms of margin and turnover.2.
black diamond inc. issues 2500 shares o 1 par value common stock and 1000 shares of 50 par value preferred stock for a
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