Cost Accounting Traditions And Innovations - Chapter 7 ppsx
Cost Accounting Traditions And Innovations - Chapter 7 ppsx
... 17, 000 15,000 15, 175 COST DATA Total Material Conversion Beginning inventory costs $ 16,620 Current costs 122, 175 $102 ,75 0 $19,425 Total costs $138 ,79 5 Divided by EUP 15,000 15, 175 Cost per FIFO ... accounted for 17, 000 16,250 15,625 COST DATA Total Material Conversion Beginning inventory costs $ 16,620 $ 15,000 $ 1,620 Current costs 122, 175 102 ,75 0 19,425 Total costs $138 ,...
Ngày tải lên: 02/07/2014, 22:21
Cost Accounting Traditions And Innovations - Chapter 1 ppt
... Orleans] The Times-Picayune (April 27, 1999), pp. C-1, 10. intellectual capital http://www.Rolls-Royce .com policy and especially wary of price-fixing, bribery, kick-backs, and other un- ethical activities ... financial accounting information is useful to managers in performing their daily functions. Cost accounting creates an overlap between financial accounting and man- agemen...
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Cost Accounting Traditions And Innovations - Chapter 2 ppt
... are used to measure and evaluate the decision maker’s performance. Techniques such as relevant costing, quality cost management, job order and process costing, and cost- volume-profit analysis, ... Center. Financial accounting requires that research and development costs be expensed when in- curred. However, because these costs are essential to any result- ing product, a cost m...
Ngày tải lên: 02/07/2014, 22:21
Cost Accounting Traditions And Innovations - Chapter 3 potx
... stable, direct labor cost should in- clude all employer-paid insurance costs, holiday and vacation pay, and pension and other retirement benefits. 7 As with materials, some labor costs that theoretically ... unexpired costs (assets) and eq- uities (liabilities and owners’ capital); the income statement is a statement of rev- enues and expired costs (expenses and losses). The...
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Cost Accounting Traditions And Innovations - Chapter 4 ppt
... multiple cost pools at a variety of levels (unit, batch, product, and organizational) and then allocates these costs using multiple cost dri- vers (both volume- and non-volume-related). Thus, costs ... their cost sys- tems and implement activity-based costing. Two-Step Allocation After being recorded in the general ledger and subledger accounts, costs are ac- cumulated in acti...
Ngày tải lên: 02/07/2014, 22:21
Cost Accounting Traditions And Innovations - Chapter 5 pdf
... Overhead Total Cost 1 67 $ 17, 703 $ 6,920 $ 7, 960 $ 32,583 169 54,936 7, 240 8,328 70 ,504 170 1,218 2,000 2,300 5,518 171 154,215 28,500 43 ,70 0 226,415 172 28,845 2,200 2,532 33, 577 To explain the ... excess usage and/ or costs. Actual costing systems do not provide this benefit, and normal costing systems cannot provide it in relation to materials and labor. Chapter 5...
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Cost Accounting Traditions And Innovations - Chapter 6 pdf
... Inventory 77 9, 270 Work in Process Inventory 77 9, 270 To transfer standard cost of completed candles to FG Inventory. A standard costing system eliminates the need to be concerned about differ- entiating ... coloring and scent, and wicks, and 0 EUPs for boxes. The labor and overhead (conversion) compo- nents of cost would have an equivalency of 6,000 candles, because the pr...
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Cost Accounting Traditions And Innovations - Chapter 8 pot
... value-added (VA) and non-value-added (NVA) cate- gories. Value-added activities increase the worth of the product or service to the customer; non-value-added activities consume time and costs ... N/A Rescheduling and setup 900 1,200 Ϫ25 N/A Total $ 17, 800 $ 19,200 7 External Failure Costs Complaints handling $ 5,800 $ 6,200 Ϫ6N/A Warranty handling 10 ,70 0 9,300 ϩ15 N/A Repairing and...
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Cost Accounting Traditions And Innovations - Chapter 9 pps
... unit costs $ 902 .72 a $ 615.89 b $ 439. 87 c EI valued at FIFO costs $252 ,76 2 $184 ,76 7 $149,556 a ($186,000 Ϭ 2,006 tons) ϩ $810.00 allocated joint cost ϭ $902 .72 b ($122,000 Ϭ 1,240 tons) ϩ $5 17. 50 ... production ben- efit many other industries. Part 2 Systems and Methods of Product Costing 378 9 Cost Allocation for Joint Products and By-Products CHAPTER LEARNING OBJEC...
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Cost Accounting Traditions And Innovations - Chapter 10 pot
... Price Total Cost L-04 813 $4.10 $ 3,333.30 L- 07 400 7. 75 3,100.00 P-13 810 7. 05 5 ,71 0.50 P-19 6 ,70 0 0.06 402.00 P-21 3,300 0.12 396.00 F-33 411 1.30 534.30 P-100 425 0.18 76 .50 I-09 413 2.80 ... Price Total Cost L-04 800 $4.00 $ 3,200 L- 07 400 8.00 3,200 P-13 800 7. 00 5,600 P-19 6,400 0.05 320 P-21 3,200 0.10 320 F-33 400 1.20 480 P-100 400 0.20 80 I-09 400 3.00 1,200 Tota...
Ngày tải lên: 02/07/2014, 22:21