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Repair and Maintenance (R&M) System
Question 1: Make a flowchart that includes the documents and the interactions with the system. (Hint: You should have a column for The System)
Entities: Production Staff and Manager, R&M Supervisor, System, Materials Warehouse, Payroll, Operations Administrative Clerk, Controller
Documents/Reports: Service Request (2 copies), R&M Job Report (3 copies), Employee R&M Utilization Report (1 copy), R&M Labor Charge Input Report (1 copy), R&M Material Usage Input Report (1 copy), R&M Actual vs. Budget Report (3 copies)
Any plans to depreciate the operating assets on a straight-line basis for 20 years. Determine the amount of depreciation expense for 2010 on these newly acquired assets.
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Staley uses a periodic inventory system. The inventories at January 1, 2008, and December 31, 2009, are correct. However, the ending inventory at December 31, 2008, was overstated $5,000.
Each is a capital lease for both the lessor and lessee. Determine the following amounts at the inception of the lease:
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A business simulation game that is used by colleges and universities all over the world has students submit decisions over the Internet.
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Activity-Based Budgeting Fermi Company decided to look more closely at the materials receiving activity in its factory.
In a paper of 1,750-2,000 words, compare and contrast the Lehman Brothers and AIG cases relative to the intervention (or lack thereof) of the federal government.
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