... “standard cost” module in the POS (point of sale) sys- tem. Simply put, the menu is costed by the chef, costs are assigned to each menu item (along with the price), and cost margin reports are ... standard cost card are then used to assign costs to inventory accounts. Both actual and standard costs are recorded in a standard cost system, although it is the standard (rather than actual) costs ... standard overhead cost $ 7,200 6,000 $13,200 ACTUAL COSTS FOR 400 PICNIC TABLES Direct Material Item Quantity Price Total Cost 813 400 810 6,700 3,300... 3,300 411 425 413 $4 .10 7.75 7.05 0.06
Ngày tải lên: 02/07/2014, 22:21
... changes in accounting methods and practices? What are the three generic approaches that firms can take in controlling environmental costs? QUESTION GRID True/False Difficulty Level Easy 10 11 12 ... organization’s divisions ANS: F DIF: Moderate OBJ: 18-4 10 The key concept to an ERP system is a central site for all the data of an organization ANS: T DIF: Easy OBJ: 18-4 11 Data mining employs statistical ... Moderate OBJ: 18-6 16 In an open-book management setting, financial information is often shared with employees who have little knowledge of accounting concepts ANS: T DIF: Easy OBJ: 18-6 17 One
Ngày tải lên: 11/04/2017, 15:07
Test bank cost accounting 14e horgren chapter 10
... http://downloadslide.blogspot.com Cost Accounting, 14e (Horngren/Datar/Rajan) Chapter 10 Determining How Costs Behave Objective 10.1 1) Which of the following statements related to assumptions about estimating linear cost ... curves in cost functions and cost analysis Give some examples Answer: Cost functions are not always linear A nonlinear cost function is a cost function for which the graph of total costs is not ... 8) A linear cost function can represent: A) mixed cost behaviors B) fixed cost behaviors C) variable cost behaviors D) All of these answers are correct Answer: D Diff: Terms: linear cost function
Ngày tải lên: 18/07/2017, 08:48
Test bank cost accounting 14e horgren chapter 18
... accounting for scrap under process costing is similar to the accounting under: A) job costing when scrap is different for each job B) job costing when scrap is common to all jobs C) process costing ... http://downloadslide.blogspot.com Cost Accounting, 14e (Horngren/Datar/Rajan) Chapter 18 Spoilage, Rework, and Scrap Objective 18.1 1) Managers often cite reductions in the costs of spoilage as a(n): ... Objective 18.A 1) The standard-costing method: A) adds a layer of complexity to the calculation of equivalent-unit costs in a process-costing environment B) makes calculating equivalent-unit costs
Ngày tải lên: 18/07/2017, 08:48
Cost accounting chapter 10
... to that cost © 2009 Pearson Prentice Hall All rights reserved Cost Terminology Variable Costs – costs that change in total in relation to some chosen activity or output Fixed Costs – costs that ... activity (the cost driver) explain the variations in the related total costs Cost behavior is approximated by a linear cost function within the relevant range Graphically, the total cost versus ... activity or output Mixed Costs – costs that have both fixed and variable components; also called semivariable costs © 2009 Pearson Prentice Hall All rights reserved Cost Function Assumptions
Ngày tải lên: 18/12/2017, 15:29
Cost accounting chapter 18
... Prentice Hall All rights reserved Accounting for Spoilage Accounting for spoilage aims to determine the magnitude of spoilage costs and to distinguish between costs of normal and abnormal spoilage ... Five-Step Procedure for Process Costing with Spoilage Step 3: Compute Cost per Equivalent Unit Step 4: Summarize Total Costs to Account For Step 5: Assign Total Costs to: Units Completed Spoiled ... Job Costing and Accounting for Spoilage Normal Spoilage Attributable to a Specific Job: When normal spoilage occurs because of the specifications of a particular job, that job bears the cost
Ngày tải lên: 18/12/2017, 15:29
Solution manual cost accounting 8th by kinney chapter 10
... Incremental cost (or differential cost) is the amount of cost that varies across decision choices i Incremental costs can be either variable or fixed Most variable costs are relevant while most fixed costs ... captured by the accounting system i Other factors, such as opportunity costs, may be relevant and quantifiable, but are not captured by the accounting system ii An opportunity cost represents ... is relevant in decision making LO.2: What are sunk costs, and why are they not relevant in making decisions? C Sunk Costs A sunk cost is a cost incurred in the past to acquire an asset or resource
Ngày tải lên: 22/01/2018, 08:30
Solution manual cost accounting 8th by kinney chapter 18
... properly identify costs, especially carrying costs i Some costs (such as those for facilities, operations, administration, and accounting) traditionally viewed as irrelevant fixed costs should be ... because more costs can be traced directly to their related output in a JIT system b Backflush costing is a streamlined cost accounting method that speeds up, simplifies, and minimizes accounting ... selling price, all costs must be justified Unnecessary costs should be eliminated without reducing quality The target costing process is depicted in text Exhibit 18-5 Kaizen costing involves continuous
Ngày tải lên: 22/01/2018, 08:31
Solution manual cost accounting 12e by horngren ch 10
... CHAPTER 10 DETERMINING HOW COSTS BEHAVE 10-1 10-2 The two assumptions are Variations in the level of a single activity (the cost driver) explain the variations in the related total costs Cost behavior ... the cost driver Plot the data Estimate the cost function Evaluate the cost driver of the estimated cost function Step typically is the most difficult for a cost analyst 10-9 Causality in a cost ... linear cost functions are Variable cost function––a cost function in which total costs change in proportion to the changes in the level of activity in the relevant range Fixed cost function––a cost
Ngày tải lên: 22/01/2018, 08:35
Solution manual cost accounting 12e by horngren ch 18
... 1,000 (100% 100%); 1,000 (100% 50%) 8,000# Started and completed 8,000 8,000 8,000 100%; 8,000 100% 100 Normal spoilage* 100 100 100 100%; 100 100% 50 Abnormal spoilage† 50 50 50 100%; 50 100% ... a [2,000 × (100% – 100%); 2,000 × (100% – 50%)] Started and completed (7,000 × 100%; 7,000 × 100%) Normal spoilagec (900 × 100%; 900 × 100%) Abnormal spoilaged (300 × 100%; 300 × 100%) Work in ... http://downloadslide.blogspot.com 18-18 (20 25 min.) Weighted-average method, assigning costs (continuation of 18-17) Solution Exhibit 18-18 calculates the costs per equivalent unit for direct materials and conversion costs,
Ngày tải lên: 22/01/2018, 08:36
Solution manual cost accounting 14e by horngren chapter 10
... CHAPTER 10 DETERMINING HOW COSTS BEHAVE 10-1 10-2 The two assumptions are Variations in the level of a single activity (the cost driver) explain the variations in the related total costs Cost behavior ... the cost driver Plot the data Estimate the cost function Evaluate the cost driver of the estimated cost function Step typically is the most difficult for a cost analyst 10-9 Causality in a cost ... 455) = $10,125 = $13,000 – ($25 115) = $10,125 = Customer-service department costs = $10,125 + $25 (number of service reports) Other possible cost drivers of customer-service department costs are:
Ngày tải lên: 22/01/2018, 08:40
Solution manual cost accounting 14e by horngren chapter 18
... 1,000 (100% 100%); 1,000 (100% 50%) 8,000# Started and completed 8,000 8,000 8,000 100%; 8,000 100% 100 Normal spoilage* 100 100 100 100%; 100 100% 50 Abnormal spoilage† 50 50 50 100%; 50 100% ... in process|| 10,500 (100% 100%); 10,500 (100% 0%); 10,500 (100% 70%) Started and completed 11,500 100%; 11,500 100%; 11,500 100% Normal spoilage* 1,760 100%; 1,760% 100%; 1,760 100% Abnormal ... $264,000 Conversion Costs $ 102,500 1,000,000 $1,102,500 $264,000 120,000 2.20 $1,102,500 105,000 10.50 $ $ 952,500 (75,000 $2.20) + (75,000 10.50) 107,100 (12,600 2.20) + (7,560 10.50) 1,059,600
Ngày tải lên: 22/01/2018, 08:41
Test bank cost accounting 6e by usry 10 just in time backflushing
... The cost accounting system that is noted for its lack of detailed tracking of work in process during the accounting period is: A process costing B job order costing C standard costing D actual costing ... backflush costing A 24 The cost accounting system that would be most apt to use a single inventory account entitled Raw and In Process (RIP) would be: A backflush costing B process costing C ... In Process Cost of Goods Sold 7,600 187,000 194,600 6,800 187,800 200 200 Conversion cost in RIP is adjusted from the $900 of June to the $1,100 estimate at June 30 The
Ngày tải lên: 28/02/2018, 10:00
Cost Accounting Traditions And Innovations - Chapter 18 pptx
... Personnel Accounting Checking Savings Loans $ 90,000 60,000 90,000 90,000 75,000 150,000 Admin Accounting Checking Savings Loan 10 10 10 Personnel 10 10 30 30 40 40 20 20 10 30 20 10 Compute ... 2,000 10, 000 8,000 21,200 n/a 47 38 100 n/a 25 46 18 n/a 13 54 15 100 0 n/a 86,000 21,500 107 ,500 0 n/a 80 20 100 *000s omitted **Percentages rounded to total 100 percent 821 Chapter 18 Responsibility ... $ 310, 760** $ 310, 760 $ 248,608 62,152 $ 310, 760 1,200 2,000 10, 000 8,000 25 38 Maintenance (# of machine hours used) Cincinnati St Paul Total Amount Allocated 86,000 Ϭ 107 ,500 ϭ 80% 21,500 Ϭ 107 ,500...
Ngày tải lên: 02/07/2014, 22:21
toan 10-18
... 10; 100 ;100 0; chia cho 10; 100 ;100 0 I Mục tiêu: 1/ Kiến thức: Giúp HS: + Biết cách thực phép nhân số tự nhiên với 10, 100 , 100 0 + Biết cách thực chia số tròn chục, tròn trăm, tròn nghìn cho 10, ... (cho) 10, 100 ,100 0 - Chốt: + Tại 18 x 100 = 180 0? + Nêu cách chia nhẩm 9000 cho 10? * Bài 2/60 (9) - Kiến thức: Củng cố cách đổi đơn vị đo khối lợng; cách nhân; chia nhẩm với (cho) 10, 100 ,100 0 ... cho 100 , 100 0 ta viết kết ntn? Chốt: Qui tắc chia số tròn chục, tròn trăm, tròn nghìn cho 10, 100 , 100 0 35 x 10 = 10 x 35 chục x 35 - Viết thêm số vào bên phải 35 - HS nêu - HS nêu Vì 35 x 10...
Ngày tải lên: 29/10/2013, 13:11
giáo án 5 tuần 10-18
... Chẳng hạn: m 10 m ; dm = 10 m; dm = 10 kg ; 100 0 25 25 g = 100 0 kg c.1phút= 60 giờ; b.1g = 8g = 100 0 kg ; phút = 60 = giờ 3 4.a 2m 3dm = 2m + 10 m = 10 m 37 37 b 4m 37cm = 4m + 100 m = 100 m 12 phút ... Học sinh tự làm chữa 11 22 − 15 b 10 − = 10 − = 20 = 20 Bài 2: HS tự làm vào chữa 3 m = 10 m 10 9 8dm 9cm = 8dm + 10 dm = 10 dm 5 12cm5mm = 12cm + 10 cm = 12 10 cm 7m 3dm = 7m + Bài 4: Cho HS ... phân GV nêu viết bảng phân số 10 ; Cho HS nêu đặc điểm m.số GV giới thiệu : phân số phânsố này, để nhận biết phân số có mẫu số 10; 100 ; 100 0; có mẫu số 10; 100 ; 100 0; gọi phân số thập phân...
Ngày tải lên: 31/10/2013, 14:11
Tài liệu Biyani''''s Think Tank Concept based notes Cost Accounting doc
... Sales = 10, 000 - (- 100 00) x 100 9,00,000 - 7,00,000 = 20,000 x 100 = 10% 2,00,000 (i) Fixed Cost = Sales x P/V Ratio - Profit = 9,00,000 x 10 - 10, 000 = Rs 80,000 100 or = 7,00,000 x 10 - ( -10, 000) ... income (3) Costing means technique for determination of cost whereas cost accounting means adoption of accounting system of cost Q.11 Give two items which are not include in cost Ans Non cost items ... Prime Cost 2,42,000 Add: Factory Overhead (100 % of Direct wages) Factory Cost 40,000 2,82,000 Add: Office Overhead (10% of Factory cost) Cost of Production (20,000 units) 28,200 3 ,10, 200 Add : Cost...
Ngày tải lên: 18/02/2014, 01:20
COST ACCOUNTING doc
... FINANCIAL ACCOUNTING AND COST ACCOUNTING Cost accounting is very closely-related to financial accounting Some authorities on the subject consider cost accounting to be the branch of financial accounting ... objectives of cost accounting briefly explain the advantages of cost accounting (University of Mysore, B Com., April 1998) Define “Costing”, Cost and Cost Accountancy” Distinguish between cost accounting ... management Differences between Cost Accountancy, Costing and Cost Accounting Points of Differences Cost Accountancy Costing Cost Accounting (1) Scope Cost accountancy is broadest in its scope It...
Ngày tải lên: 06/03/2014, 15:20
8-000 Cost Accounting Standards ppt
... Contract Audit Manual 899 899 899 899 8101 8101 8102 8102 8103 8103 8103 8103 8106 8106 8106 8107 8107 September 11, 2012 801 8-001 CHAPTER 8-000 Cost Accounting Standards 8-001 Scope of Chapter ... Illustrations 8- 418 Cost Accounting Standard 418 - Allocation of Direct and Indirect Costs 8- 418. 1 General 8- 418. 2 Guidance 8- 418. 3 Illustrations ... 1996 8-405 Cost Accounting Standard 405 - Accounting for Unallowable Costs 8-405.1 General 8-405.2 Illustrations 8-406 Cost Accounting Standard 406 - Cost Accounting Period...
Ngày tải lên: 06/03/2014, 21:20
cost accounting and product's price calculation for ba ding printing company - ministry of public security
... organization Cost Accounting is accounting for cost aimed at providing cost data, statement and reports for the purpose of managerial decision making In this thesis, my research focuses on the cost accounting ... of cost accounting in a company There is a direct relationship among information need of management, cost accounting objectives, and techniques and tools used for analyses in cost accounting Cost ... Quantity of Output × Variable Cost Per Unit of Output In term of accounting, costs can be described as either fixed costs or variable costs Variable costs are inventoriable costs – they are allocated...
Ngày tải lên: 13/03/2014, 14:20