What are bar codes and how are they used in labor costing?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
Bar codes are symbols that can be processed electronicall...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Compare bar codes and radio frequency identification (RFID) tags by placing a check mark in the appropriate box to indicate which technology is preferred, based on each of the criteria listedbelow....
-
What are the purposes of accounting codes? How are they used? Bring to class some examples of codes used by manufacturing firms, accounting firms, and merchandising firms.
-
The auditor needs to understand the business in order to assess the risk of potential account misstatements. In preparing for a new audit, the auditor arranges to take a tour of the manufacturing...
-
a. Determine IC and VCE for the network of Fig. 4.115. In Figure 4.115 b. Change β to 120 (50% increase), and determine the new values of lC and VCE for the network of Fig. 4.115. c....
-
Each of the following items must be considered in preparing a statement of cash flows for Janeway Travel for the year ended December 31, 2008. For each item, state how it should be shown in the...
-
Paul Duncan, financial manager of EduSoft Inc., is facing a dilemma. The firm was founded 5 years ago to provide educational software for the rapidly expanding primary and secondary school markets....
-
During the assembly of an exhaust valve, sufficient distance must be maintained between the valve tip and the cylinder wall. If \(85 \%\) of valve assemblies have the required distance, use Table 1...
-
On January 2, 2012, Banno Corporation issued $1,500,000 of 10% bonds at 97 due December 31, 2021. Interest on the bonds is payable annually each December 31. The discount on the bonds is also being...
-
A new salt factory is being developed at a remote location in salt affected region of Victoria. This factory does not have access to utilities such as grid electricity, piped gas and town water...
-
To assist the researcher transcribe and translate each of the mitochondrial DNA fragments taken from the patient. There isnt a start codon! Compare the resulting amino acid sequence of the patient...
-
If employees' clock cards show more time than their time tickets, how is the difference reconciled?
-
Give two costing methods of accounting for the premium costs of overtime direct labor. State circumstances in which each method is appropriate.
-
The major factor that will underlie the cost structure of a business is the level of risk that managers are prepared to take and the level of expected sales volume. Explain.
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. Acts of an employee while performing duties of employment are considered the acts of the...
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. An employee who performs only mechanical acts under the employers direction and is...
-
Hughes purchased a new Lincoln Continental automobile from Al Greene, Inc., an authorized new car dealership. On the day of the sale, Hughes made a cash down payment and signed a purchase contract...
-
Ferguson contracted to buy a quantity of knitting yarn. After receipt he cut it and knitted it into sweaters. At this point, he discovered color variations from one piece to another. Ferguson refused...
-
A principal whose identity is not known to a third party who knows he or she is dealing with an agent. a. agent b. agency by necessity c. agency by ratifi cation d. apparent a uthority e. attorney in...
-
For the following exercises, determine whether the ordered triple given is the solution to the system of equations. 6x-7y+z=2 -x-y + 3z = 4 and (4, 2,-6) 2x+y=z=1
-
You work as an operations consultant for a textile company. Your client has a well-established distribution system in the US market. The company has hundreds of stores and four distribution centers....
-
Why is the constant gross-margin percentage NRV method sometimes called a joint-cost-allocation and a profit-allocation method?
-
Why is the constant gross-margin percentage NRV method sometimes called a joint-cost-allocation and a profit-allocation method?
-
Managers must decide whether a product should be sold at split off or processed further. The sales value at split off method of joint-cost allocation is the best method for generating the information...
-
You invest 50% of your financial assets in the Vanguard Total Stock Market ETF (VTI) and 50% in the Vanguard Total Bond Market ETF (BND). VTI has an expected return of 8% and a standard deviation of...
-
You have found the car you would like to purchase. The negotiated price = $57,500 and you are taking out a loan with a 7.5% APR compounded monthly for 6 years. What are your monthly payments? Car...
-
Suppose a male member currently aged 35, entered service at his age of 25, has a current salary of $75, 000 and total past salary of $650, 000. Assume that salaries increase at the beginning of each...
Study smarter with the SolutionInn App