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April 20, 2014

Search: Finance/Cost accounting

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Finance/Cost Accounting
You are given the following data: Annual demand is 1600 pieces Cost per piece is $50 Cost of money factor is 30 percent What is the EOQ point?
Friday, April 1, 2011 at 7:03am by Cheryl

accounting
Try some of the cost accounting l inks here: in accounting why is cost an expense a th e ti me of a sale Sra
Friday, July 9, 2010 at 10:46am by SraJMcGin

Math Michael
No, it's not a dumb question at all. I wasn't familiar with the term "finance charge," so I assumed it was the total cost of the furniture. Anyway, "a finance charge is any fee representing the cost of credit, or the cost of borrowing." We are paying $5184 with the loan. ...
Monday, November 19, 2007 at 6:57pm by Michael

accounting
# 1 Takers,Inc.provide the following results: 2004 2003 Units 2,400 3,000 Total Cost 19,200 24,000 What form of cost behavior is the cost above? Fixed cost, Sunk Cost, Mixed Cost or Variable Cost
Tuesday, July 10, 2007 at 8:13pm by lia82

Cost accounting
Flexibility is said to be the hallmark of modern management accounting, whereas standardization and consistency describe financial accounting. Explain why the focus of these two accounting systems differs.
Thursday, September 24, 2009 at 4:56pm by Josephine

accounting
Richard Hamilton has a fast - food franchise and must pay a franchise fee of $35000 plus 3% of gross sales. In terms of cost behavior, the total cost is a: a) variable cost b) fixed cost c) step - fixed cost d) mixed cost
Sunday, February 23, 2014 at 6:03pm by Morgan

Accounting
We examine whether and why companies prefer fair value to historical cost when they can choose between the two valuation methods. With the exception of investment property owned by real estate companies, historical cost by far dominates fair value in practice. Indeed, fair ...
Monday, July 4, 2011 at 2:12am by mark davis

Finance
Accounting do all the accounting activites,accounting records thru the accounting standerds and organization polices. financial management start using the data to analze and study the results,compering it with the statitics reports,financial indicator, performance reports and ...
Sunday, October 31, 2010 at 8:10pm by salim bakr

Cost of Accounting
1-How does an actual system differ from a normal costing systems? What advantages does a normal costing systems offer? 2-Why is it necessary for a company to specify a relevant range of activity when making assumptions about cost behavior? 3- Why is it more important to have ...
Friday, September 25, 2009 at 1:36pm by Josephine

Cost Accounting
What are the differences between job-cost and process-cost systems? When would it be appropriate to use each type of system? How does each system affect the cost of a product?
Tuesday, May 25, 2010 at 11:33am by Angie

accounting
please help to get the correct of questions beloww..thanks i hope you can help me thanks ang god bless you always. 1.the cost-benefit constraint 2.importance of financial accounting 3.explain nuetrality and how can you say if an accounting information is nuetral?
Sunday, March 6, 2011 at 9:43am by jessie

accounting
Is it necessary for a finance manager to understand accounting if the firm has a professional accountant on staff and why?
Saturday, January 2, 2010 at 5:43pm by Travis

math,algebra,help
Problem states: Business and finance. The cost of producing a number of items x is given by C = mx + b, in which b is the fixed cost and m is the variable cost (the cost of producing one more item). (a)If the fixed cost is $40 and the variable cost is $10, write the cost ...
Tuesday, January 16, 2007 at 10:50pm by jasmine20

Finance/Accounting
How did the Sarbanes-Oxley Act affect the accounting profession? Did it change their relationship to businesses?
Wednesday, February 9, 2011 at 11:44pm by Sam

accounting
what are the five sentences about why you think knowledge of english language registers will be important in accounting and finance?
Wednesday, April 18, 2012 at 6:17pm by tory

Finance
what is the mission of the Accounting and Finance Functional Area
Monday, August 26, 2013 at 11:47pm by ctm

Cost Accounting
What are the differences between a direct cost and an indirect cost? Which is the more difficult cost to track? Why? How do indirect costs affect the cost of a product? Should indirect costs be included in product cost? Why or why not?
Tuesday, May 25, 2010 at 11:29am by Angie

Accounting, Finance
Do you have college accounting help also?
Sunday, July 15, 2012 at 9:10am by Dutch Fork Middle

Finance
explain the relationship between finance and accounting, and how they operate to determine financial viability within a health care organization
Sunday, October 31, 2010 at 8:10pm by vonnia

Cost accounting
because it is common to all cost accounting
Thursday, September 24, 2009 at 4:56pm by girma

Cost accounting
because it is common to all cost accounting
Thursday, September 24, 2009 at 4:56pm by girma

Accounting
Yea thats what I am thinking now. cause this is what i found as a defintion of deferred expense A cost that has been recorded in the accounting records and reported on the balance sheet as an asset until matched with revenues on the income statement in a later accounting period.
Thursday, November 29, 2007 at 10:04pm by Carrie

Cost accounting
Cost terminology and cost behaviors and exercises solution
Friday, September 18, 2009 at 5:02pm by Danny

accounting
as an alternative to the old machine, the company can rent a new one. it will cost 5,000$ a year. in analysing the cost-volume behaviour the rental is what kind of cost?
Tuesday, December 14, 2010 at 4:21am by raisya mia

business and finance
The cost of producing a number of items x is given by C=mx+b, inwhich b is the fixed cost and m is the variable cost (the cost of producing one more item). (a) If the fixed cost is $40 and the variable cost is $10, write the cost equation. Could someone help me please with ...
Thursday, March 29, 2007 at 6:23pm by cheryl

accounting
For each of the following, indicate the accounting concept or constraint that has been violated, if any: 1) The company currently records its accounting transactions and prepares its financial reports manually. The cost of using a new computerized accounting system to do these...
Friday, March 4, 2011 at 10:22am by Thara

Statistics
a. What is the probability of selecting a female student? P(female accounting) + P (female Maj Mgmt) + P (Finance) = 0.2 + 0.1 + 0.1 = 0.4 b. What is the probability of selecting a Finance or Accounting major? P (Finance Male or Female) + P (Accounting Male or Female) = 0.2 + ...
Wednesday, June 11, 2008 at 9:51pm by Terri

Statistics
a. What is the probability of selecting a female student? P(female accounting) + P (female Maj Mgmt) + P (Finance) = 0.2 + 0.1 + 0.1 = 0.4 b. What is the probability of selecting a Finance or Accounting major? P (Finance Male or Female) + P (Accounting Male or Female) = 0.2 + ...
Wednesday, June 11, 2008 at 12:17am by Terri

accounting and finance
unadjusted trial balance (December 31,2008): Prepaid insurance $3600 Adjusting entry question: 18 months of preperty insurance was purchased on Sept 1 2007 at a cost of $3600.
Monday, July 20, 2009 at 12:30pm by Tharaka

Finance accounting
Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were: Feb. 20 600 units at $9 Aug. 12 300 units at $11 May 5 500 units at $10 Dec. 8 200 units at $12 Eddings Company uses a periodic inventory system...
Wednesday, May 11, 2011 at 1:00pm by Linda

economics
Suppose a company has the following costs: Labor $400 Equipment $300 Materials $100 A)What is the total accounting cost? B)What is the total economic cost? In general, accounting costs are the dollars paid for goods and services. In your example $800. Economic costs are ...
Tuesday, February 13, 2007 at 5:35pm by Kelai

Accounting
How do you determine the ending work in process inventory, in cost accounting
Saturday, June 27, 2009 at 8:10pm by Fred

Accounting
What types of cost information are reported to support managerial purposes and decisions? Describe 2 major categories of purposes that are supported by cost information. Describe how cost information supports both of these categories. What is a cost object and how is it used ...
Saturday, April 21, 2012 at 10:35am by Rachel

health accounting
explains the relationship between finance and accounting, and how they operate to determine financial viability within a health care organization.
Wednesday, January 25, 2012 at 2:55am by louis

accounting and finance
unadjusted trial balance (December 31,2008)(Bed Bugs R Us Ltd.): Prepaid insurance $3600 Adjusting entry question: 18 months of preperty insurance was purchased on Sept 1 2007 at a cost of $3600
Monday, July 20, 2009 at 2:25pm by Tharaka

Managerial Accounting
A food division reported cost of sales-food of $198,680. Employees' meals cost $1,225, complimentary meals $142 and transfers in were received from teh bar operaton with a cost of &82. Determine the net cost of sales.
Sunday, February 6, 2011 at 1:19pm by Katie

accounting
For the first part of your post, try some of the following links: http://search.yahoo.com/search?fr=mcafee&p=what+happens+in+accounting+if+a+company+incorrectly+classifies+cost%3F For the 2nd part, try here: http://search.yahoo.com/search?fr=mcafee&p=in+accounting+what+happens...
Thursday, May 5, 2011 at 12:27pm by SraJMcGin

business
At the end of January, Mineral Labs had inventory of 725 units, which cost $10 per unit to produce. During February the company produced 650 units at a cost of $14 per unit. If the firm sold 1,000 units in February, what was the cost of goods sold? a. Assume LIFO inventory ...
Tuesday, March 20, 2012 at 12:28am by Andrea

math
I did the first part how would i graph it. Problem: Business and finance. The cost of producing a number of items x is given by C = mx + b , in which b is the fixed cost and m is the variable cost (the cost of producing one more item). (a)If the fixed cost is $40 and the ...
Friday, December 22, 2006 at 8:10pm by jasmine20

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included ...
Wednesday, April 6, 2011 at 9:58pm by nisa

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included ...
Sunday, April 10, 2011 at 3:58pm by terisa

accounting
A merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included ...
Tuesday, April 12, 2011 at 7:18am by niska

accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included ...
Tuesday, April 12, 2011 at 6:59am by niska

introduction to accounting
a merchandising company wants to include the cost of operating its warehouse in the cost of inventory. The company’s controller argues that the cost of the warehouse is a reasonable and necessary cost of getting the inventory ready for sale and, therefore, should be included ...
Thursday, April 7, 2011 at 9:15am by sandra

accounting
Item: Raw Materials (cost for hamburgers) Total Annual Cost: 650 Item: Building Rent Total Annual Cost: 9000 Identify which cost item above is fixed and variable and why
Friday, November 16, 2007 at 7:44pm by vdan

Cost accounting
Is one equivalent unit computation sufficient for all cost components?
Thursday, October 15, 2009 at 5:09pm by Josephine

cost accounting
Define variable, semi variable, fixed and semi fixed which is traditionally used in cost accounting. Define the above terms and subsequently describe the terms based on the business structure that is a car manufacturer introducing a new engine.
Sunday, March 16, 2008 at 1:58pm by scorpio_gall17

Cost Accounting
What is the variable production cost per unit?
Monday, November 2, 2009 at 6:00pm by Danny

Accounting
T/F building and equipment are recorded at cost of acquisition and are subsequently reported at cost less accumulated depreciation
Saturday, January 27, 2007 at 8:55pm by ucstudent

finance Business
What I the before-tax cost of 8.4% and the firm uses 35% what is QM's weighed average cost of capital.
Monday, April 8, 2013 at 11:22am by Vernette

Accounting
A company incurs a cost for a part which is needed to repair a piece of equipment. Is the cost an asset or an expense? Explain.
Friday, December 4, 2009 at 2:19pm by Ralph

Accounting
how do you classify what the cost to set up a manufacturing facility as? is it general, selling and administrative and what type of cost is it? Please Help.
Saturday, January 19, 2013 at 2:21pm by Janet

accounting
I already know what the different inventory cost flow assumptions are, but what I do not know is how might the choice of cost flow assumption affect the company's cost of goods sold and ending inventory balance? Can somebody please explan this to me?
Thursday, May 26, 2011 at 2:50pm by Nick

Statistics
A survey of undergraduate students in the School of Business at Northern University revealed the following regarding the gender and majors of the students: Major Gender Accounting Management Finance Total Male 100 150 50 300 Female 100 50 50 200 Total 200 200 100 500 a. What ...
Wednesday, June 11, 2008 at 12:17am by Monique

Math
A survey of undergraduate students in the School of Business at Northern University revealed the following regarding the gender and majors of the students: Major Gender Accounting Management Finance Total Male 100 150 50 300 Female 100 50 50 200 Total 200 200 100 500 a. What ...
Wednesday, June 11, 2008 at 9:51pm by Monique

accounting
What potential problems can arise if a company incorrectly classifies costs? Example, what if an inventoriable cost is classified as a period cost?
Sunday, January 9, 2011 at 5:02pm by chris

Accounting & Finance
What type of inflation accounting do you favor under high inflationary periods? Do you think tax allocation can improve the prediction of future tax payments in the short run? What are the economic consequences of SFAS No.87?
Tuesday, September 16, 2008 at 3:55pm by lovebug_707

Accounting please help in homework
The overall (weighted average) cost of capital is composed of a weighted average of : a)The cost of common equity and the cost of debt b)The cost of common equity and the cost of preferred stock c)The cost of preferred stock and the cost of debt d)The cost of common equity, ...
Thursday, August 5, 2010 at 8:37am by william

accounting
The overall (weighted average) cost of capital is composed of a weighted average of : a)The cost of common equity and the cost of debt b)The cost of common equity and the cost of preferred stock c)The cost of preferred stock and the cost of debt d)The cost of common equity, ...
Thursday, August 5, 2010 at 12:27am by james

Finance
If the average new house cost $210,000 today, how much will it cost in 10 years if the price increased by 5% each year
Sunday, October 27, 2013 at 12:28am by shelly

Finance Accounting
One of the advantages of borrowing is that interest is deductible for income tax purposes. a. If a company pays 8 percent interest to borrow $500,000, but is in an income tax bracket that requires it to pay 40 percent income tax, what is the actual net-of-tax interest cost ...
Tuesday, June 4, 2013 at 9:02pm by rennie

Finance
finance charge: amount paid-cost = 24*195+0.12*4200-4200
Wednesday, February 3, 2010 at 8:39pm by bobpursley

Managerial Finance and Accounting
You might try some of the following links containing accounting tutorials: http://search.yahoo.com/search?fr=mcafee&p=accounting+tutorials Sra
Thursday, June 2, 2011 at 12:27pm by SraJMcGin

Business finance
Question No 1: If two projects are _______________, the fact that they have unequal lives will not affect the analysis. a)Mutually exclusive b)Dependent c)Independent d)Correlated Question No 2: Mr. A, as a financial consultant, has prepared a feasibility report of a project ...
Wednesday, August 4, 2010 at 12:55pm by zeeshan

accounting
Williams Company's direct labor cost is 25% of its conversion cost. If the manufacturing overhead for the last period was $45,000 and the direct materials cost was $25,000, the direct labor cost wa
Thursday, July 14, 2011 at 5:29pm by Anonymous

Managerial Accounting
Greetings, I just started my accounting class and I do not have any accounting experience of knowledge (my first acct class). Could you please help me out. I just need the traditional and ABC direct, indirect, and unallocated cost answer for the two accounting systems. You ...
Saturday, January 28, 2012 at 4:32pm by Angela

finance
. Fargo Industries has outstanding 30 year bonds at 7% semiannual payments. The bond sells at 90% of its face value. If their tax rate is 22%: a.What is the aftertax cost of debt? b. What is the pretax cost of debt? c. Which is more important in calculating the cost of capital...
Wednesday, April 17, 2013 at 10:52pm by John

Accounting
Ohio, Inc., which uses a process-cost accounting system, began operations on January 1 of the current year. The company incurs conversion cost evenly throughout manufacturing. If Ohio started work on 3,000 units during the period and these units were 70% of the way through ...
Monday, December 12, 2011 at 6:53am by Anonymous

Accounting
The equity method of accounting for investments a. requires a year-end adjustment to revalue the stock to lower of cost or market b. requires the investment to be reported at its original cost c. requires the investment be increased by the reported net income of the investee d...
Saturday, June 15, 2013 at 9:44pm by Ant

accounting
Looking for help with an accounting Assignment. I am supposed to be analyzing the Income Statement of Eastman Kodak Company, but I can't even find the cost of goods sold for each revenue source of the company! Any help or suggestions?
Wednesday, July 15, 2009 at 3:58pm by wordconjurer

Accounting
I hope you can help me. My assignment is called costs and cost control. I have all the definitions and examples of the given terms, except for one. I need to know what shadow cost centers are and an example for shadow cost centers. Thank you and have a great day.
Thursday, April 22, 2010 at 3:11pm by Billie

Finance
The cost equity. Because... Cost debt+ cost equity= WACC
Monday, February 27, 2012 at 3:01am by L.Bianchessi

Finance
The essentiality of finance in the practical world and its applicable evolution is discussed in detail. Accompanying fields such as accounting, economics, audit etc; are discussed in brief. The article throws light on the allied practices of financial management and possible ...
Friday, June 24, 2011 at 9:17am by Daniel

Economics
2. Lucy quits a $50,000 job to open her waffle business. She makes $225,000 in revenue from her first year of waffle sales. She pulls $50,000 out of an account that returns 3% interest per year and invests the entire amount in her business. She also borrows $50,000 at 10% ...
Saturday, July 9, 2011 at 11:15pm by Carol

Cost Accounting
Based on public information for Walmart, can you discern what the cost drivers are for Walmart? If you can, what are they? If not, what cost drivers do you beleive are relevant for Walmart?
Thursday, July 17, 2008 at 6:34pm by Jackie

Corporate Finance
Calculating Cost of Debt. Peyton's Colt Farm issued a 30-year, 7% semiannual bond 7 years ago. The bond currently sells for 94% of its face value. The company's tax rate is 35%. What is the pretax cost of debt? What is the aftertax cost of debt?
Saturday, November 10, 2012 at 6:07pm by Susanne

ACCOUNTING
Considering the following pricing concepts; Markup Methods (markup on Total Cost, Variable Cost, and Product Cost) and Target Costing, explain when it is appropriate (and why) to use each of the methods. (Hint: use multiple choice questions 1 and 2 to start you in the right ...
Wednesday, April 21, 2010 at 1:49am by MO

ACCOUNTING
Considering the following pricing concepts; Markup Methods (markup on Total Cost, Variable Cost, and Product Cost) and Target Costing, explain when it is appropriate (and why) to use each of the methods. (Hint: use multiple choice questions 1 and 2 to start you in the right ...
Wednesday, April 21, 2010 at 1:50am by MO

Cost accounting
Cost behavior and classification: Factory supervision, Aluminum tubing, Rims,Emblem, Gearbox, Straight-line depreciation on paint machine,Fenders, Inventory clerk’s salary, Inspector’s salary, Handlebars, Metal worker’s wages, Roller chain, Spokes (assuming cost is considered ...
Sunday, September 20, 2009 at 4:49pm by Danny

Accounting/Finance
duh?
Sunday, November 13, 2011 at 10:11am by Cydney

corporate finance
you are presently involved with a project to establish the cost of the gold presently used in the production of 1000 computer chips per month. each chip uses two grams of 20 ct gold with the remaining portion of a metal whose cost is insignificant what is the monthly cost of gold
Monday, July 26, 2010 at 10:00am by tina

Accounting
So in accounting there are 3 responsibility centers which are: Cost Center Profit Center Investment Center Why do these 3 need separate budgets?
Wednesday, August 20, 2008 at 11:24am by greatdanelola

Finance
A company has a weighted average cost of capital of 8.9%. The company's cost of equity is 12 and its pretax cost of debt is 7.9% The tax rate is 35%. What is the company's target debt-equity ratio?
Friday, July 20, 2012 at 4:12pm by Anonymous

accounting
what might happen if a human service agency did not determine the cost per output/cost per outcome?
Friday, February 5, 2010 at 2:58pm by Anonymous

Accounting
Why are cost per output and cost per outcome calculations valuable to a human service agency?
Thursday, January 3, 2008 at 11:00pm by Jess

accounting
Production of 28,000 units, Variable cost to manufacture on one unit =$12 fixed cost = $240,000
Wednesday, October 25, 2006 at 10:35pm by studio

Accounting II
Does anyone know how to calculate cost of savings when calculating the net present value? The NPV was given and I have to backed into the other figures. The only thing about cost savings provided is "25% reduction in direct material. The DM cost listed is $10. I tried using $2...
Monday, April 28, 2008 at 12:12am by Tom

economics
Teddy Bear, Inc., a rapidly growing manufacturer of high fashion children's shoes, plans to open a new production facility in Gastonia. Based on information provided by the accounting department, the company estimates fixed costs of $250,000 per year. Its average variable cost...
Saturday, October 30, 2010 at 3:15pm by hiten

Business Finance
ABC and XYZ Companies have the following sales, variable cost, and fixed cost. If sales increase by $10,000 at each company, then:
Sunday, October 30, 2011 at 10:37pm by johnny Ray

accounting
I believe the question is which one would cost less so you would have to calculate the cost on depreaction and compare it to the cxost of a new one or calculate how much one cost to buy brand new and compare it to the cost of renting one
Tuesday, December 14, 2010 at 4:21am by dwan lee

accounting
If the cost of, C(x), for manufacturing x units of a certain product is given by C(x)=x2-70x+4400, find the number of units manufactured at a cost of $7400?
Tuesday, August 21, 2012 at 9:27pm by Crystal

finance
What is ICU’s pretax cost of debt? What is ICU’s pretax cost of debt? ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with eight years to maturity that is quoted at 110.5 percent of face value. The issue makes semiannual ...
Tuesday, November 20, 2012 at 3:35am by juli

Accounting
1. Mark is trying to determine his firm's average cost per unit of production. He finds that the cost for all labor and materials is $80,000 and fixed overhead expenses are $40,000. If the company produces 20,000 items in the time period, the average cost is __________. $12 $6...
Thursday, April 12, 2012 at 10:38am by hayat

Accounting
I nee more words though on what are cost per output and cost per out come calculation valuable to a human service agency?
Friday, January 4, 2008 at 10:25pm by Jana White

Finance
What type of cost measurements best fit in healthcare and which do not? How do cost measurement techniques vary with regard to the operating budget, capital budget, and variance analysis?
Thursday, August 8, 2013 at 7:28am by Linda

MANAGEMENT ACCOUNTING
COSTS CAN BE CLASSIFIED INTO TWO CATEGORIES FIXED AND VARIABLE COSTS THESE COST BEHAVE DIFFERENTLY BASED ON THE LEVEL OF VOLUME SUPPOSE WE ARE RUNNING A RESTAURANT AND HAVE IDENTIFIED CERTAIN COST ALONG WITH THE NUMBER OF ANNUAL UNIT SOLD OF 1000 TOTAL COST OF RAW MATERIAL ...
Wednesday, March 24, 2010 at 8:27pm by BONNIE

accounting 206
cleveland metals uses a job cost and applies factory overhead to production at a predetermined rate of 180% of direct labor cost. data pertaining to recent operations follow
Monday, April 29, 2013 at 12:35pm by tracy

accounting
If Alisha Maintenance manufacturing has: total maintenance cost of $2,785,000 total fixed maintenance cost of $310,000 total variable maintenance cost of $2,475,000 total maintenance cost per unit is $18.57 fixed maintenance cost per unite of $2.07 variable maintenance cost ...
Tuesday, April 15, 2014 at 4:59pm by Sue

Finance
(Weighted average cost of capital) The target capital structure for QM Industries is 38% common stock 7% preferred stock, and 55% debit. If the cost of common equity for the firm is 18.2%, the cost of preferred stock is 10.6% the cost of debt is 8.2%, and the firm's tax rate ...
Sunday, July 7, 2013 at 4:39pm by atrick

epoka university
1) The cost that is related to the particularly cost object and can be traced to it in an economically feasible (cost-effective) way is called: o Indirect cost o Cost tracing o Direct cost o Variable cost
Wednesday, November 21, 2012 at 3:54pm by evisa gjoni

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