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Question 1: The machine setup department estimated overhead cost was $356,000 and there were 2,500 batches used during the year. The actual overhead for this activity was $350,000 and 3,000 batched were used. What would be the predetermined overhead rate for this activity pool?
The following data relate to the operations of Lim Corporation, a wholesale distributor of consumer goods: Current assets as of December 31:Cash $6,000 Accounts receivable $36,000 Inventory $9,800
Identify the judgment and decision made to hear explain how management accounting help in directing attention keeping the score of solving problem
Discuss why using financial accounting information for managerial decision-making may lead to distorted decisions (Special examples need to be provided.)
Which Overapplied overhead indicates? either budgeted overhead differed from actual overhead costs or budgeted activity differed from actual activity or both
Assuming the costs of each alternative are similar and that only one can be chosen, which alternative would yield the best results for the business?
The October 1 inventory for this material is 13,200 pounds. What is the budgeted materials purchases for this key material in pounds for October?
a. What type of internal control is provided in this example? Why is some form of internal control needed in this case?
For each of the following three separate cases, use the information provided about the calendar year 2014 operations of Sahim Company to compute the required cash flow information.
The following partially completed process cost summary describes the July production activities of Ashad Company.
How the achievement of this objective might be compromised by the conflicts which may arise between the various stakeholders in an organisation.
What type of theory provides an analytical framework for the conflicts that arise between owners and managers? Agency theory. why?
Illustrate and Identify your explanation by calculating the contribution margin and contribution margin percent using hypothetical values.
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