Questions On Managerial Accounting Module 3 - 1629 Words

Managerial Accounting: Module 3 M. Peter Aspen University: BSU510 10-26-14 Exercise E3-28A, page 144: Recording journal entries 1. Journal entry for Dutch fabricators: As indicated on page 119,120,121 and 122 below are the journal entries. 1 .A. Accounts entry DEBIT CREDIT a Raw Materials Inventory $190000 Accounts Payable $190000 1.b b Work in Process Inventory $152000 Manufacturing Overhead $22000 Raw Materials Inventory $174000 1.c. c Work in Process Inventory $190000 Manufacturing Overhead $35000 Payable Wages $225000 1.d. d Manufacturing Overhead $30000 Depreciation pant/equipment $20000 Payable Utilities $10000 1.e. e Work in Process Inventory $81000 Manufacturing Overhead $81000 2. Actual manufacturing overhead $87000 Allocated manufacturing overhead $81000 By end of January manufacturing overhead cost has been under allocated by $6000 Exercise S4-19, page 209: Quality Initiative Decision 1. Based on the explanation on page 201 below are the details of each cost and respective category: a. Prevention costs: i. Negotiating with and training suppliers to obtain higher-quality material and on-time delivery. ii. Redesigning the speakers to make them easier to manufacture b. Appraisal costs: i. Additional 20 minutes of testing for each speaker. ii. Avoid inspection of raw material c. Internal failure costs: i. Rework avoided because of fewer defective units. ii. Lost productionShow MoreRelatedEND OF SEMESTER EXAMINATION MANAGEMENT ACCOUNTING1680 Words   |  7 PagesProgramme : BBA Level of Study : 3 Time : 2.30 pm – 5.30 pm Date : 26/05/2013 Duration : 3 Hr(s) 0 Min(s) Course Code : ACC 3515 Section(s) : 1-4 Course Title : Management Accounting (This Question Paper Consists of 9 Printed Pages including the cover page) DO NOT OPEN UNTIL YOU ARE ASKED TO DO SO INSTRUCTION(S) TO CANDIDATES 1. ANSWER ALL QUESTIONS. 2. SHOW ALL WORKINGS. 3. DO NOT WRITE IN PENCIL ANY FORM OF CHEATINGRead MoreFinancial Management: Theory and Practice1399 Words   |  6 PagesDriouchi - tarik.driouchi@kcl.ac.uk Senior Lecturer- Financial Mgt. studies Office Hours [WBW4.15]: Thursdays 4-6pm A few words on the AAFM MSc†¦ Themes: Accounting Theory, Financial Accounting, Valuation, Corporate Governance, Financial Management Markets, Behavioural Finance Structure: Taught modules (term 1 2) + Dissertation (term 3) KCL Keats, KCL e-resources and QAs 2 Learning Objectives †¢ Main objectives – To develop robust foundations in financial management theory and practiceRead MoreForensic Accounting7273 Words   |  30 PagesManagerial Auditing Journal Emerald Article: Forensic accounting education: insights from academicians and certified fraud examiner practitioners Zabihollah Rezaee, E. James Burton Article information: To cite this document: Zabihollah Rezaee, E. James Burton, (1997),Forensic accounting education: insights from academicians and certified fraud examiner practitioners, Managerial Auditing Journal, Vol. 12 Iss: 9 pp. 479 - 489 Permanent link to this document: http://dx.doi.org/10.1108/02686909710185206Read MoreTravel and Tourism Administration Program Structure20692 Words   |  83 Pagesto Tourism 3 3 2 TOU 115 – Fares Ticketing I 3 3 3 TOU 117 – General Travel Knowledge I 3 3 4 ENG 121 – The Technique of Writing and Language Studies 3 3 5 COM 103 – Computer Fundamentals I 3 3 Electives: One of the following three 6 CYP 111- Cyprus History 7 FRE 121 – French (Beginners) 8 GER 121 – German (Beginners) 3 3 TOTAL 18hrs 18cr SEMESTER TWO Compulsory subjects: 9 COM 111 – Computer Reservation Systems 3 3 10 TOU 106Read MoreEffects of Computerised Accounting to Performance of Financial Institutions16851 Words   |  68 PagesObjectives 3 1.4. Research questions 3 1.5. Justification of study 3 1.6. COMPANY BACKGROUND 4 1.6.1. History of Rwanda Development Bank (BRD) 4 1.6.2. Vision, Mission and values 8 1.6.3. Objectives and strategy 9 1.6.4. Company structure 10 Chapter 2. REVIEW OF LITERATURE 12 2.1. DEFINITIONS OF KEY TERMS 12 2.2. OBJECTIVES AND LIMITATION OF ACCOUNTING 17 2.2.1. Objectives of Accounting: 17 2.2.2. Limitations of Accounting: 18 2.3. The accounting cycle 19 2.4. FUNCTIONS OF ACCOUNTING 19 2Read MorePersonal Skills Development in the Accounting Curriculum7877 Words   |  32 PagesLondon W1T 3JH, UK Accounting Education: An International Journal Publication details, including instructions for authors and subscription information: http://www.tandfonline.com/loi/raed20 Personal skills development in the accounting curriculum Bob Gammie , Elizabeth Gammie Erica Cargill Published online: 05 Oct 2010. To cite this article: Bob Gammie , Elizabeth Gammie Erica Cargill (2002): Personal skills development in the accounting curriculum, Accounting Education: An InternationalRead MoreA Project Report on Management Information System at Acc Ltd.4281 Words   |  18 Pages |3 | | |EXECUTIVE SUMMARY |4 | |1 |INTRODUCTION – DEFINITION OF MIS |5 | |2 |OBJECTIVE OF THE STUDY |6 | |3 |SCOPERead Moretuurism3981 Words   |  16 Pages Module Study Guide Financial Management West London Business School Module Title Module Study Guide Module Code AC60003E Level 6 Credits 20 AY2012-2013 Version No 1  © UWL 2012 Module Title Module Study Guide Contents Page No. Module Leader and Teaching Team Details 3 Facts and figures Section A Overview and Content 1 Welcome and Introduction to the Module 5 2 AdministrativeRead MoreReflection on How to Make the Most of Working in Collaboration with Others972 Words   |  4 Pagesconcepts and help students take charge of their own educational experience (and, therefore, practice making meaning for them).† Therefore, through reflection, we can make connections and examine our learning processes. When I started to learn this module, I found it includes lectures and seminars to examine the theory and practice of relevant areas through group cooperation and individuals work. These learning outcomes let me achieve communication and collaborated skills with my group members andRead MoreManaging for the Future Organizational Behavior Processes7280 Words   |  30 Pagesorganizational behavior course that are considered with more importance to individual instructors. South-Western has created a program to allow you to select specific content modules for those areas to give your students more practice and exposure to these topics. For just $7.00 per module, you can select the modules you want and we will provide an ISBN to you that will be unique to your custom Ancona text. Each custom order includes, at no additional cost, a short introduction to Managing