Why is it possible for direct labor in process operations to include the labor of employees who
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
A process cost accounting system treats labor that is used entir...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
Why is it possible for a firm to pay an actuarially fair price for insurance and still have the insurance purchase be a positive-NPV investment?
-
Why is it possible for the effective cost of long-term debt to exceed the cost of short-term debt, even when short-term interest rates are higher than long-term rates?
-
Why is it possible for a bird to sit on a high-voltage wire without being electrocuted?
-
All of the following complications are more common in ventouse assisted delivery than forceps except: a) Subgaleal hemorrhage b) Cephalhematoma c) Intracranial hemorrhage d) Transient lateral rectus...
-
The following information is in regard to Saverio Corp.'s defined benefit pension plan, which is accounted for using the immediate recognition approach: Defined benefit obligation, 1/1/14 (before...
-
What signal is senior management sending when it does not take the time to review the marketing planning process and the performance of the plan after implementation?
-
Identify the most appropriate approach and then design. Provide a rationale as to why this approach and design would be most appropriate. Develop a hypothetical research scenario that would...
-
In 2011, Space Technology Company modified its model Z2 satellite to incorporate a new communication device. The company made the following expenditures: The equipment will be used on this and other...
-
Question 13 If we drag Home to Columns and Class to Rows and then drag Gender to Rows as well, T Filters Legend (Series) Home Axis (Categories) Class Gender Values Average of Grad Income Selected...
-
Complete Celebrity Catering Service Inc.s (CCS) Form 1120 and all related schedules. Be sure to attach schedules for any line item which indicates one is required on the 1120. FORM4562 is not...
-
What are the two main inventory methods used in process costing? What are the differences between these methods?
-
Assume that a company produces a single product by processing it first through a single production department. Direct labor costs flow through what accounts in this companys process cost system?
-
Describe how you might use information systems in a career area of interest to you.
-
The 60-day SOFR rate has been estimated as 3%. The 3-month SOFR futures quote for the period between 60 and 150 days is 96.5. Estimate the 150-day SOFR rate?
-
Frank earns $58,500 one year and receives an 8% raise in salary. What is his new salary?
-
The Stopdecay Company sells an electric toothbrush for $29. Its sales have averaged 7,900 units per month over the past year. Recently, its closest competitor, Decay fighter, reduced the price of its...
-
Which is the closest antonym for the word sluggish?
-
Consider the following project data: A $500 feasibility study will be conducted at t = 0. The best estimate now is that there is an 80 percent chance that the study will indicate potential, and a 20...
-
Outline a procedure for factoring.
-
For the data in Exercise 17-19, use the FIFO method to summarize total costs to account for, and assign these costs to units completed and transferred out, and to units in ending work in process....
-
Marcus, an American whose parents had been born in India, arrived in Zurich with his Swiss wife. They were both excited about starting a new chapter in their life together. After spending four years...
-
During 2014, GlenTel Inc. sold its interest in a chain of wholesale outlets. This sale took the company out of the wholesaling business completely. The company still operates its retail outlets....
-
Use the data for GlenTel Inc. in Exercise 14-16 to present a multiple-step income statement for 2014. You need not complete the earnings per share calculations.
-
Ialta Industries Inc. showed the following equity account balances at December 31, 2013: Common shares, unlimited shares authorized, 70,000 shares issued and outstanding...
-
Following our lectures, what are the main components/approaches/procedures to cluster data? Describe where we use them and what are the advantages and disadvantages of them. Refer only to topics...
-
Read an article about region growing in big data we have to handle the problem of determining the seed as a starting point. Implement your own little region growing scenario (python, java, c++, c#,...
-
Problem 2 8 2 3 Calculate the condition number of the matrix: 2 5 1 using the infinity norm and the 1-norm. -3 16 For the calculation of inverse matrix use MATLAB built-in function. (10 points).
Study smarter with the SolutionInn App