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    Accounting: Instructions for the Microsoft Excel Templates

    Instructions for the Microsoft Excel Templates Detail and information on Excel is contained within the manual. Striking the "F1" key or following the path "Windows>Excel Help" will invoke the Office Assistant and bring up one of several help menus. Type your name into the cell to the right of the label "Name." This wil

    Cost tracing, cost allocations; Manufacturing acocunting methods

    #1 Well that glorious day has arrived and you have opened up your owned beautiful business consulting practice in that new tower located on the corner of 56th Street and Lexington, New York City!!! Who would have believed the day that you were sitting on top of the world. You unlock the doors and await that first client.

    Practice question 2 - University Level

    Please assist with practice question. Please show step by step. The ledger of Piper Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared. Debit Credit Debit Credit Prepaid Insurance 3,600.00 Supplies 2,80

    Cost Accounting

    Below are two essay questions Solve the following problems. Show all your calculations. You may use the space provided. (If you prefer to use Excel or add supplemental pages within this document, please clearly identify the problem number.) 12. Furniture, Inc., sells lamps for $30. The unit variable cost per lamp is $22

    Activity-Based Costing, Job Costing, Process Costing

    Use the Internet or other credible resources to find an article relevant to activity-based costing (ABC), job costing, or process costing. Prepare a 125-word summary of the article. Briefly summarize the major topics of the article, and explain what you learned as a result of your reading.

    Differences Between Variable and Absorption Costing

    Could please assist me answering the questions below. What are the differences between variable and absorption costing? Why is variable costing not allowed for GAAP reporting? Which method is more useful for internal decision-making? Why? As a manager, which would you prefer? Why? The word count needs to be 200 or 30

    Business Schools: 10 Variables and Formulation of Ranking

    See attached file. 8. In a recent ranking of top graduate business schools in the United States published by U.S. News & World Report, data were provided on a number of attributes of recognized graduate programs. Specifically, the following variables were considered by U.S. News & World Report in establishing its overall ran

    Applied and estimated overhead

    APPLIED OVERHEAD IN A BANK Estimated bank production capacity 800,000,000 Predetermined overhead rate (based on estimated production capacity) $0.01 per transaction (one unit = one transaction) Quarter Actual Units of Production 1 200,000,000 2 200,000,000 3 200,000

    Actual Cost and Normal Cost Methods

    Information Provided Actual Direct Materials $5,000.00 Actual Direct Labor $9,000.00 Actual Variable Overhead Costs $20,000 Actual Fixed Overhead Costs $26,000 Variable Direct Labor Predetermined Measure 200% Fixed Direct Labor Predetermined Measure 300%

    Theoretical Foundation of Accounting Principles

    During the past several years, the Financial Accounting Standards Board has attempted to strengthen the theoretical foundation for the development of accounting principles. Two of the most important results of this attempt are the Conceptual Framework Project and the Emerging Issues Task Force. During this same period, the FASB

    Measures of Central Tendency

    You must decide which group to choose. Consider at least two measures of central tendency and at least one measure of dispersion for each group and use those to make your choice. Be sure to justify your choice with at least one page of discussion and analysis. Can you base a decision on the information provided and the measu

    Explain financial leverage, tax implications of debt

    I need help with the following 3 questions. 1. What are the tax implications of debt financing? Explain the term financial leverage as it relates to debt. 2. What is the difference between Preferred Stock and Common Stock? Why would a company prefer the use of Preferred Stock over Common for long term financing? 3. W

    Highland Shortbread: Compute the predetermined overhead rate of the year

    Highland Shortbread produces a single product and uses a standard cost system to help control costs. Manufacturing overhead is applied to production on the basis of standard machine hours. According to the company's flexible budget, the following overhead costs should be incurred at an activity level of 18,000 machine hours (the

    Warranties and premiums amounts determined

    Ray Charles Music Emporium carries a wide variety of musical instruments, sound reproduction equipment, recorded music, and sheet music. Charles uses two sales promotion techniques- warranties and premiums- to attract customers. Musical instruments and sound equipment are sold with one-year warranty for replacement of parts

    Gross Profit

    1. On March 1, 2007, Winter Company, entered into a contract to build an apartment building. It is estimated that the building will cost $2,000,000 and will take 3 years to complete. The contract price was $3,000,000. The following information pertains to the construction period. 2004 2005 2006 Costs incurred to date $600,000

    Computing Cash Flow

    Assume a firm has earnings before depreciation and taxes of $200,000 and no depreciation. It is in a 40 percent tax bracket. a. Compute its cash flow. b. Assume it has $200,000 in depreciation. Recompute its cash flow. c. How large a cash flow benefit did the depreciation provide? d. Would the preside

    Question about Cost of Capital

    Higgins Office Corp. plans to maintain its optimal capital structure of 40 percent debt, 10 percent preferred stock, and 50 percent common equity indefinitely. The required return on each component source of capital is as follows: debt--8 percent; preferred stock--12 percent; common equity--16 percent. Assuming a 40 percent marg


    1. Geoff's Golf Clubs is considering purchasing a small firm in the same line of business. The purchase would be financed by the sale of common stock or a bond issue. The financial manager needs to evaluate how the two alternative financing plans will affect the earnings potential of the firm. Total financing required is $4.5 mi

    Tax and GAAP Differences

    Answer 12 of these questions. Where applicable, show all work/computations, and use examples for partial credit. Format your submission in accordance to APA writing style guidelines. 1. What are some of the major differences between GAAP and income tax accounting? 2. What are all the possible filing statuses? What charact

    Questions - Cost Accounting

    Questions 2 and 3 I need help with answering the following cost accounting questions. Could you please provide a words count of 200 for each questions. 2. Contrast the primary focus of job order cost accounting and of process cost accounting. 3. What are the similarities between a job order and a process cost system?

    ACG230-0903B-20 Introduction to Accounting

    Income Statement, Balance Sheet, and paragraph Details: Group Project Doug Maltbee formed a lawn service business as a summer job. To start the business on May 1, he deposited $1,000 in a new bank account in the name of the proprietorship. The $1,000 consisted of a $600 loan from his father and $400 of his own money. Do

    Preparing a bank reconciliation

    Tom Landry owns a construction business, Landry Supply Co. The following cash information is available for the month of October 2008. As of October 31, the bank statement shows a balance of $13,800. The October 31 unadjusted balance in the Cash account of Landry Supply Co. is $12,700. A review of the bank statement revealed the

    Accounting for Pollution Expenditure

    Phil Mickelson Company operates several plants at which limestone is processed into quicklime and hydrated lime. The eagle ridge plant, where most of the equipment was installed many years ago, continually deposits a dusty white substance over the surrounding countryside. Citing the unsanitary condition of the neighboring commun

    Accounting for Impairments of Intangible Assets

    Montana matt's Golf Inc. was formed on July 1st 2006, when Matt Magilke purchased the old master golf company. Old master provides video golf instruction at Kioks in shopping malls. Magilke plans to integrate the instruction business into his golf equipment and access only stores. Magilke paid, $750,000, cash for an old mas

    VPN Network Security Issues for ABC Company

    Scenario: ABC Company is a small but growing manufacturing company with revenues of approximately $25 million. Until now, the company has had a single headquarters and production facility in a Midwestern city, but it is building a separate sales office on the east coast which will open in a few months. You are the Manager

    Charitable Contribution Deduction Computation

    Joe Smith paid $500.00 to attend a fund raiser for a qualified charity 100 miles from home. At the fund raiser he purchased a painting at a silent auction for $1000.00. The fair market value of the painting was $250.00 and the dinner was $50.00. While at the fund raiser he met the governor and contributed $500.00 to the governor