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1.By converting dollars to be received in the future into current dollars, the present value methods take into consideration that money: a has an international rate of exchange b is the language of business c is the measure of assets, liabilities, and stockholders' equity on financial statements d has a time value 2. Which of the following are two methods of analyzing capital investment proposals that both ignore present value? a Internal rate of return and average rate of return b Net present value and average rate of return c Internal rate of return and net present value d Average rate of return and cash payback method 3.Which of the following is not a factory overhead allocation method? a. single plantwide rate b. multiple departmental rates c. traditional costing d. activity-based costing 4.Which of the following is a disadvantage of the single overhead rate approach to product costing? a. difficult to implement b. expensive to implement c. not practical if multiple products consume overhead in different amounts d. all of the above 5. The _________ approach to cost allocation uses multiple activity cost pools and cost drivers to apply overhead to a product cost. a. single overhead rate b. activity-based costing c. multiple department rates d. total quality management 6. Which approach to cost allocation is considered the most accurate? a. single overhead rate b. activity-based costing c. multiple department rates d. total quality management Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below.
1 which fasb is the primary source of gaap for income taxes?2 which are the fasb apb etc. which address income taxes
pan company received proceeds of 160000 on 10-year 8 bonds issued on january 1 2013. the bonds had a face value of
Ingram Co. manufactures office furniture. During the most productive month of the year, 3,500 desks were manufactured at a total cost of $84,400. In its slowest month, the company made 1,100 desks at a cost of $46,000.
Bease Inc. has a capital budget of $625,000, and it wants to maintain a target capital structure of 60% debt and 40% equity. The company forecasts a net income of $475,000. If it follows the residual dividend policy, what is its forecasted dividen..
1.nikkel corporation a merchandising company reported the following results for julynbspnbspsales433000
In Vin del Mar, Chile, there are a dozen stores specializing in selling the same quality of seafood products on one street. An individual store dare not charge more than the going price without the risk of losing business to the other stores that ..
popper co. acquired 80 of the common stock of cocker co. on january 1 2009 when cocker had the following stockholders
Weber Corporation has used a traditional cost accounting system to apply quality control costs uniformly to all products at a rate of 15% of direct labor cost. Monthly direct labor costs for its main product is $30,000.
Compute the cost of goods destroyed. Compute the cost of goods destroyed, assuming that the gross profit is 25% of sales.
jasper company has 30000 shares of 80 par value 5 cumulative preferred stock and 140000 shares of 20 par value common
The main reason to prepare a differnetial analysis report is to: a. Decide between two options b. See if there has been a difference in net income over a period of time such as 5-10 years'
A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month, 1,000 pounds of direct materials were purchased for $3,800. The direct materials price variance for last month was:
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