Chapter 9: E9-6‚ E9-11‚ P9-1A‚ P9-5A E9-6 SY Telc has recently started the manufacture of RecRobo‚ a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a mobile phone. The cost structure to manufacture 20‚000 RecRobo’s is as follows. | Cost | Direct materials ($40 per robot) | $ 800‚000 | Direct labor ($30 per robot) | 600‚000 | Variable overhead ($6 per robot) | 120‚000 | Allocated fixed overhead ($25 per robot) | 500
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AVAILABLE IN EXCEL ON THE INSTRUCTOR’S WEBSITE WORKSHEET JOURNAL ENTRIES TO CONVERT TO THE ACCRUAL BASIS OF ACCOUNTING A. CAPITAL ASSETS (NET) 7‚752‚000 NET ASSETS BEGINNING OF YEAR 7‚752‚000 DEPRECIATION EXPENSE 315‚000 CAPITAL ASSETS (NET) 315‚000 CAPITAL ASSETS (NET) 616‚600 CAPITAL OUTLAY (EXPENDITURE) 616‚600 B. NO BEGINNING LONG TERM DEBT - - PROCEEDS
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Auditing Program Design Part II The purpose of this part of the audit process for Apollo Shoes is to design tests of controls‚ substantive tests of transactions‚ and analytical procedures for the sales‚ collection‚ payroll‚ personnel‚ acquisition‚ and payment cycles. These test and procedures are with intent to attest operating effectiveness of internal controls of Apollo Shoes on the basis of documentation provided. It is with the understanding that with the performing of test and procedures an
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assistance. CIDA‚ a government organization‚ will fund AIDS projects if they achieve the targets set out above. In addition‚ CIDA will provide development and relief funding provided the support service cost does not exceed 20% of total project activity expense. Two alternative were evaluated to help FAC achieve its goal of reaching 3000-6000 AIDS patients. The first alternative is to build two AIDS clinics‚ and the second alternative is to operate either two or four mobile AIDS clinics. It is recommended
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l pabiodiesel financial plan Start-up Expenses | | Land to buy | | Office to buy | | Renovation expenses | | Design works | $10 000 | Assembly operations | $200 000 | Placing into operation | $53 000 | Oil processing equipment (incl. storage and loading) | $100 000 | Seed storage equipment (incl. installation) | $350 000 | Glycerol purification equipment (including installation) | $0 000 | Tanks | $100 000 | Biodiesel production equipment (incl. delivery and
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Master Budget Case: ToyWorks Ltd. (B) ToyWorks Ltd. is a company that manufactures and sells a single product‚ which they call a Toodle. For planning and control purposes they utilize a monthly master budget‚ which is usually developed at least six months in advance of the budget year. Their fiscal year end is June 30. During the summer of 2007‚ Chris Leigh‚ the ToyWorks controller‚ spent considerable time with Pat Frazer‚ the Manager of Marketing‚ putting together a sales forecast for
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Importance of the accounting function‚ formulating cash flow forecasts‚ analysis and evaluation Introduction In this assignment I will describe the importance of accounting in business‚ the formulation of a cash flow and how its limitations and constraints can be analysed effectively and I will also evaluate and justify actions a business might take when experiencing cash flow problems. P1 Why is it important for Freshcook to keep accurate financial records? Keeping accurate financial records
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take me an extra two days in driving‚ so that would cut out two days of my time at the beach. Therefore I would want to choose the beach if I had a longer time to vacation. Therefore when looking into a vacation I look at distance‚ activities‚ and expenses. Secondly‚ when I travel to the beach‚ I like to visit amusement parks. So if I want to visit an amusement park like Busch Gardens while at Virginia Beach the prices are 66 dollars and 99 cents per person.
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CHAPTER I SUMMARY OF THE PROJECT A. Name of the applicant/proponent Raymund Uy Kaw Sing B. Business name/Project Name Griller’s Oyster House C. Location of the Project Plaza Libertad‚ Zamora Street‚ Iloilo City D. Brief Description of the Project The proposed expansion of Griller’s Oysters House‚ a talabahan and restobar‚ in Plaza Libertad. E. Highlights of Major Assumptions and Summary of Findings and Conclusions Regarding the following: Market Feasibility Restaurants and
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Toy World‚ Inc. is a fairly healthy toy manufacturing business that is looking at a cross roads in it ’s main operating procedure. Jack McClintock is President and partial owner of Toy World. His new production manager‚ Dan Hoffman‚ has been on the job through one business cycle (about one year). This toy business is a seasonal business with most of the sales coming between August and December. Since its inception Toy World has followed a seasonal production schedule to match customer demand
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