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(i) What are the main objectives of cost accounting?
(ii) Discuss the treatment of over time premium in cost accounting.
(iii) Explain controllable and non-controllable cost with examples.
(iv) What are the main advantages of cost plus contract?
(v) Discuss the difference between allocation and apportionment of overhead
cost allocation and apparent profitability diamonds etc. manufactures jewelry settings and sells them to retail stores.
Calculate the number of hours of direct labor used during November and actual manufacturing overhead costs incurred during November totaled $166, 425. Calculate the amount of over- or underapplied overhead for November.
brilliant accents company manufactures and sells two styles of kitchen taps brass and chrome. the brass has been
Calculate the monthly quality-control cost to be assigned to the enamel paint line under each of the product-costing systems - traditional system which assigns overhead on the basis of direct-labour cost.
Prepare a corrected balance sheet for Almaden in accordance with proper accounting and reporting principles. Prepare a description of any notes that might need to be prepared. The books are closed and adjustments to income are to be made through r..
Calculate the projects annual free cash flow (FCF) for each of the next five years, where the firms tax rate is 35% - What is the projected NPV for the investment?
Find decisions that managers like Choi must make in applying depreciation methods and is Choi's rule an ethical violation, or is it a legitimate decision in computing depreciation?
Prepare the appropriate eliminating entries for this transaction which would appear on the year-end December 31, 2005 worksheet.
Prepare the adjusting entries needed at December 31, 2014 - Aaron Lynch Company has the balances in selected accounts on December 31, 2014.
Determine the cost driver rate for each activity cost pool and use the activity-based costing method to determine the unit cost for each product.
Calculate the estimated uncollectible - Prepare the adjusting entry at December 31, 2008 to record bad debt expense.
it costs 1000 for hand tools and 1.50 labor per unit to produce a product. another alternative is to manufacture the
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