IMPACT OF COST ACCOUNTING ON FINANCIAL DECISION INTRODUCTION In the modern business world‚ the nature and functioning of business organizations have become very complicated. They have to serve the needs of variety of parties who are interested in the functioning of the business. These parties constitute the owners‚ creditors‚ employees‚ government agencies‚ tax authorities‚ prospective investors‚ and last but not the least the management of the business. The business has to serve the needs
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[AICPA Adapted] Dewitt Co. budgeted its activity for October 2004 from the following information: * Sales are budgeted at $750‚000. All sales are credit sales and a provision for doubtful accounts is made monthly at the rate of 2% of sales. * Merchandise inventory was $120‚000 at September 30‚ 2004‚ and an increase of $10‚000 is planned for the month. * All merchandise is marked up to sell at invoice cost plus 50%. * Estimated cash disbursements for selling and administrative
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Adjustments to Live in Another Country Since 2005 Saudi Arabia government has sent more than 45‚000 saudi student To study in the United States. How do they adjust and success as students abroad? If you are going to live in another country for a while‚ it is necessary to adjust to a new customs‚ learning a new pattern of socializing and changing your work habits. First‚ before you go to another country you should learn about its customs that would save time to adjust to it‚ because many people
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are some effective teaching and learning strategies? (125 words ) How have the classes and the research change my beliefs about teaching and learning strategies? (125 words ). Teaching is one of the most noble profession. It is an ongoing process that brings about change in behavior through learning. The quality of teaching is believed to be the ingredient that most likely makes a difference in students learning.(Stigler‚J.) Teaching is also about reaching into the minds of students.
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STANDARD COSTS Setting a budget is never easy as it involves predicting the future and therefore uncertainty. The process is not about getting the budget absolutely right; it is about not getting it too wrong. This budget process may be applied to most revenue budgets that deal with income and costs‚ but there is also a requirement to produce a capital budget that covers the purchase‚ sale and replacement of fixed assets. There is normally an investment limit dictated by funding availability and
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Agency Costs of Free Cash Flow‚ Corporate Finance‚ and Takeovers Michael C. Jensen Harvard Business School MJensen@hbs.edu Abstract The interests and incentives of managers and shareholders conflict over such issues as the optimal size of the firm and the payment of cash to shareholders. These conflicts are especially severe in firms with large free cash flows—more cash than profitable investment opportunities. The theory developed here explains 1) the benefits of debt in reducing agency
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American writer and journalist Douglas A. Blackmon‚ Slavery by Another Name was a book published in 2008 that talks about the travesties of the mistreatment of newly free African Americans in the south‚ now made into a 2012 PBS documentary. Throughout the documentary many different historians are brought on to impart knowledge on the various events that happened in the post Emancipation South‚ the movie often takes a dark and dreary tone when talking about the events that happened in America’s troubled
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4.1 Operating system We use the Ubuntu [39] as the operating system to install Mininet and RYU controller and don’t use the VM because the VM have some problem to test and open terminal from windows OS. 4.2 Run the Mininet and RYU To run Mininet must be to open terminal from Ubuntu and then write some codes: Sudo mn custom ~/mininet/custom/4sw-4host.py --topo mytopo --controller=remote This code as example to run the application saved in Mininet emulator Sudo: run root from Ubuntu Mn: Mininet
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Assignment: Fixed cost Dora McKinney Hsm/260 Week 4 Instructor: Greg O’Donnell Fixed Costs‚ Variable Costs‚ and Break-Even Point Exercise 10.1 Month Meals Served Total Costs July 3‚500 $20‚500 Low August 4‚000 22‚600 September 4‚200 23‚350 October 4‚600 24‚500 November
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1/ Variable Costs: The variable cost will be 40% higher [ an increase of 21‚000 - 15‚000=6‚000 units] Direct Material used 1‚060‚000 Variable Costs: Direct Labor 1‚904‚000 Direct material used [ 1‚060‚000 *1.4] 1‚484‚000 Unit costs [ 6‚335‚600 / 21‚000] =$ 301.7 Indirect Materials and supplies 247‚000 Direct Labor [ 1‚904‚000 * 1.4] 2‚665‚600 Variable Cost/ Unit = 228.27 at both 15k & 21k units Power to run plant eqip 213‚000 Indirect Materials
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