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Question 1: Which is the most important to monitor; cost center, profit center or investment center and why?
Question 2: If you were the Chief Executive Officer of a multi-branch or multi-departmental company, your company may have cost centers, profit centers, and investment centers. What kind of reports and data would be most important for you to review and analyze on a daily, weekly, and monthly basis, and why? Which center is the most important to you, from a managerial standpoint?
Purchased office equipment for RM30,000 from Amazing Interiors Sdn. Bhd. He paid RM17,000 cash. Post all the relevant accounts to ledgers.
w and o inc. has decided to use the high low method to estimate the total cost and the fixed and variable cost
Investment in debt securities at premium. On April 1, 2014, West Company purchased $400,000 of 6% bonds for $415,750 plus accrued interest as an available-for-sale security. Interest is paid on July 1 and January 1 and the bonds mature on July 1..
Find the unpaid balance on November 30th before the interest is charged. Calculate the finance charge for November.
Prepare a post-closing trial balance. Be sure to list the items in order of their liquidity, starting with Assets, Liabilities and then Owner's Capital. If an amount box does not require an entry, leave it blank.
They allow you to give and receive feedback and support, as well as engage in dialogues to challenge, clarify, and expand your understanding of course concepts.
Woodfield analyzes its operating expenses at the end of each period in order to prepare an income statement that will exhibit departmental contribution
During 2014, 80,000 tons were extracted, of which 60,000 tons were sold.
company makes two models of childrens playhouses the castle and the mansion.basic production information
A project in South Korea requires an initial investment of 2 billion South Korean won. The project is expected to generate net cash flows to the subsidiary of 3 billion and 4 billion won in the two years of operation, respectively.
Prepare the stockholders' equity section of the company's balance sheet before and after the stock split. What entry, if any is needed to record the stock split
a companys flexible budget for 17000 units of production showed sales 68000 variable costs 25500 and fixed costs 20000.
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