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 ... system. Chapter 8 Implementing Quality Concepts 315 COSTS OF COMPLIANCE COSTS OF NONCOMPLIANCE Prevention Costs Appraisal Costs Internal Failure Costs External Failure Costs EXHIBIT 8 6 Type...

Ngày tải lên: 02/07/2014, 22:21

... depreciation 56 ,88 0 Factory insurance 3,000 98, 880 Total current period manufacturing costs 934, 080 Total costs to account for $1,079, 080 Ending work in process, 4/30/01 (20 ,88 0) Cost of goods ... 3,150,000 81 ,000,000 4,900 186 911,400 24,010,000 4,600 2 18 1,002 ,80 0 21,160,000 8, 900 347 3, 088 ,300 79,210,000 5,900 2 48 1,463,200 34 ,81 0,000 5,500 231 1,270,500 30,250,00...

Ngày tải lên: 02/07/2014, 22:21

... Price Total Quantity L-04 $4.00 2 $ 8. 00 L-07 8. 00 1 8. 00 P-13 7.00 2 14.00 P-19 0.05 16 0 .80 P-21 0.10 8 0 .80 F-33 1.20 1 1.20 P-100 0.20 1 0.20 I-09 3.00 1 3.00 Total direct material cost $36.00 DIRECT ... Price Total Cost L-04 81 3 $4.10 $ 3,333.30 L-07 400 7.75 3,100.00 P-13 81 0 7.05 5,710.50 P-19 6,700 0.06 402.00 P-21 3,300 0.12 396.00 F-33 411 1.30 534.30 P-100 425 0...

Ngày tải lên: 02/07/2014, 22:21

... this order were ac- cepted? 36. (Special order) Touch-O-Class produces high-quality wooden commemorative plaques. Each plaque is hand-made and hand-finished using the finest mate- rials available. ... price-setting routine and “low- ball” bid jobs. A low-ball bid may cover only costs and produce no profit or may even be below cost. The rationale of low-ball bids is to obtain the job a...

Ngày tải lên: 02/07/2014, 22:21

... t 0 $ (80 0,000) 1.0000 $ (80 0,000) Annual inflows t 1 –t 5 210,000 3 .88 97 81 6 ,83 7 Net Present Value $ 16 ,83 7 PI ϭ $81 6 ,83 7 Ϭ $80 0,000 ϭ 1.02 IRR factor ϭ $80 0,000 Ϭ $210,000 ϭ 3 .80 95 (annuity for 5 ... t 1 –t 8 110,000 5.53 48 6 08, 8 28 Net Present Value $ 17,3 28 PI ϭ $6 08, 8 28 Ϭ $591,500 ϭ 1.03 IRR factor ϭ $591,500 Ϭ $110,000 ϭ 5.3773 (annuity for 5 periods) The I...

Ngày tải lên: 02/07/2014, 22:21

... management, and just-in-time processes to efficiently raise qual- ity and lower costs. Such methods normally require years of dedication and com- mitment before implementation is truly effective and ... equal 1. Prevention costs are, by definition, all value-added costs. As non-value-added costs included in the denominator are eliminated, total COQ is composed of only value-added cost...

Ngày tải lên: 02/07/2014, 22:21

... 26. 28% 479,169 Seattle 32.21% 440,624 Moscow 33.94% 429, 382 Zurich 37.06% 409,1 18 London 38. 13% 402,1 68 New York 38. 77% 397, 982 Milan 40.20% 388 ,693 Tokyo 45.94% 351, 380 Brussels 48. 32% 335 ,88 9 SOURCE : ... for public and not-for-profit organizations is time-based pay plans. The use of such plans has several nonperformance advantages, includ- ing the ease of predicting and...

Ngày tải lên: 02/07/2014, 22:21

... financial accounting information is useful to managers in performing their daily functions. Cost accounting creates an overlap between financial accounting and man- agement accounting. Cost accounting ... 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,...

Ngày tải lên: 02/07/2014, 22:21

... 85 327 385 % Telephone and telegraph 68 2 08 306% Textiles 54 127 235% Trucking 66 157 2 38% SOURCE : COMPUSTAT (an electronic financial data source published by Standard and Poors). EXHIBIT 2 8 Average ... 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-...

Ngày tải lên: 02/07/2014, 22:21

... Total Sales $1,500 $1,419 $1,067 $ 3, 986 Less: Direct labor ( 382 ) (317) (317) (1,016) Direct material ( 281 ) (421) ( 185 ) (88 7) Overhead (710) ( 589 ) ( 589 ) (1 ,88 8) Net income $ 127 $ 92 $ (24) $ 195 Overhead ... 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- a...

Ngày tải lên: 02/07/2014, 22:21