CENTENNIAL BREWERY PRODUCED REVENUES OF $1,145,227 IN 2008. IT HAS EXPENSES (EXCLUDING DEPRECIATION) OF $812,640, DEPRECIATION OF $131,335, AND INTEREST EXPENSE OF $81,112. IT PAYS A MARGINAL TAX RATE OF 34 PERCENT
CENTENNIAL BREWERY PRODUCED REVENUES OF $1,145,227 IN 2008. IT HAS EXPENSES (EXCLUDING DEPRECIATION) OF $812,640, DEPRECIATION OF $131,335, AND INTEREST EXPENSE OF $81,112. IT PAYS A MARGINAL TAX RATE OF 34 PERCENT
Tài liệu môn học quản trị tài chính
Để download đầy đủ toàn bộ tài liệu đại học cùng nhiều tài liệu học tập giá trị khác. Vui lòng truy cập http://bit.ly/tailieudaihoc để nhận full bộ tài liệu nhé
200 đề tài luận văn ngành kinh doanh quốc tế. Lựa chọn đề tài luận văn tốt nghiệp, các bạn tham khảo nha. DỊCH VỤ VIẾT THUÊ LUẬN VĂN, ZALO/TELEGRAM 0917 193 864
Tài liệu môn học quản trị tài chính
Để download đầy đủ toàn bộ tài liệu đại học cùng nhiều tài liệu học tập giá trị khác. Vui lòng truy cập http://bit.ly/tailieudaihoc để nhận full bộ tài liệu nhé
200 đề tài luận văn ngành kinh doanh quốc tế. Lựa chọn đề tài luận văn tốt nghiệp, các bạn tham khảo nha. DỊCH VỤ VIẾT THUÊ LUẬN VĂN, ZALO/TELEGRAM 0917 193 864
ECS for Amazon Deep Learning and Amazon Machine Learning
Similar to CENTENNIAL BREWERY PRODUCED REVENUES OF $1,145,227 IN 2008. IT HAS EXPENSES (EXCLUDING DEPRECIATION) OF $812,640, DEPRECIATION OF $131,335, AND INTEREST EXPENSE OF $81,112. IT PAYS A MARGINAL TAX RATE OF 34 PERCENT
ACCT 221 Final ExamPart I 20 Multiple choice questions @ 2.5 .docxannetnash8266
ACCT 221 Final Exam
Part I: 20 Multiple choice questions @ 2.5 points each = 50 points
1. Jackson Company is a publicly held corporation whose $1 par value stock is actively traded at $75 per share. The company issued 3,000 shares of stock to acquire land recently advertised at $200,000. When recording this transaction, Barton Company will –
A) debit Land for $200,000.
B) debit Land for $225,000.
C) credit Common Stock for $195,000.
D) credit Paid-In Capital in Excess of Par for $196,000
.
2. Victory Corporation sold 400 shares of treasury stock for $45 per share. The cost for the shares was $35. The entry to record the sale will include a
A) credit to Gain on Sale of Treasury Stock for $14,000.
B) debit to Paid-in Capital in Excess of Par for $4,000.
C) credit to Treasury Stock for $18,000.
D) credit to Paid-in Capital from Treasury Stock for $4,000.
3. Which of the following show the proper effect of a stock split and a stock dividend?
4. Dabney, Inc., has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 40,000 shares of $1 par value common stock outstanding at December 31, 2014. There were no dividends declared in 2013. The board of directors declares and pays a $60,000 dividend in 2014. What is the amount of dividends received by the common stockholders in 2014?
A) $0
B) $25,000
C) $10,000
D) $35,000
5. A $600,000 bond was retired at 97 when the carrying value of the bond was $590,000. The entry to record the retirement would include a
A) gain on bond redemption of $10,000.
B) gain on bond redemption of $8,000.
C) loss on bond redemption of $10,000.
D) loss on bond redemption of $8,000.
6. The following data are available for Two-off Company.
Increase in accounts payable
$120,000
Increase in bonds payable
300,000
Sale of investments
150,000
Issuance of common stock
160,000
Payment of cash dividends
90,000
Net cash provided by financing activities is:
A) $180,000.
B) $360,000.
C) $370,000.
D) $420,000.
7. The net income reported on the income statement for the current year was $220,000. Depreciation recorded on plant assets was $35,000. Accounts receivable and inventories increased by $2,000 and $8,000, respectively. Prepaid expenses and accounts payable decreased by $2,000 and $12,000 respectively. How much cash was provided by operating activities?
A) $200,000
B) $235,000
C) $220,000
D) $255,000
8. If a company reports a net loss, it
A) will not be able to pay cash dividends.
B) will not be able to get a loan.
C) may still have a net increase in cash.
D) will not be able to make capital expenditures.
9. A creditor would be most interested in evaluating which of the following ratios?
A) Asset turnover
B) Earnings per share
C) Times interest earned
D) Payout ratio
10. Lionel Company has beginning work in process inventory of $220,000 and total manufacturing costs of $900,000. If ending work in process is $210,000 what is the cost of goods manufacture.
Part I 20 Multiple choice questions @ 2.5 points each = 50 points.docxbridgelandying
Part I: 20 Multiple choice questions @ 2.5 points each = 50 points
1. Jackson Company is a publicly held corporation whose $1 par value stock is actively traded at $75 per share. The company issued 3,000 shares of stock to acquire land recently advertised at $200,000. When recording this transaction, Barton Company will –
A) debit Land for $200,000.
B) debit Land for $225,000.
C) credit Common Stock for $195,000.
D) credit Paid-In Capital in Excess of Par for $196,000
.
2. Victory Corporation sold 400 shares of treasury stock for $45 per share. The cost for the shares was $35. The entry to record the sale will include a
A) credit to Gain on Sale of Treasury Stock for $14,000.
B) debit to Paid-in Capital in Excess of Par for $4,000.
C) credit to Treasury Stock for $18,000.
D) credit to Paid-in Capital from Treasury Stock for $4,000.
3. Which of the following show the proper effect of a stock split and a stock dividend?
4. Dabney, Inc., has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and 40,000 shares of $1 par value common stock outstanding at December 31, 2014. There were no dividends declared in 2013. The board of directors declares and pays a $60,000 dividend in 2014. What is the amount of dividends received by the common stockholders in 2014?
A) $0
B) $25,000
C) $10,000
D) $35,000
5. A $600,000 bond was retired at 97 when the carrying value of the bond was $590,000. The entry to record the retirement would include a
A) gain on bond redemption of $10,000.
B) gain on bond redemption of $8,000.
C) loss on bond redemption of $10,000.
D) loss on bond redemption of $8,000.
6. The following data are available for Two-off Company.
Increase in accounts payable
$120,000
Increase in bonds payable
300,000
Sale of investments
150,000
Issuance of common stock
160,000
Payment of cash dividends
90,000
Net cash provided by financing activities is:
A) $180,000.
B) $360,000.
C) $370,000.
D) $420,000.
7. The net income reported on the income statement for the current year was $220,000. Depreciation recorded on plant assets was $35,000. Accounts receivable and inventories increased by $2,000 and $8,000, respectively. Prepaid expenses and accounts payable decreased by $2,000 and $12,000 respectively. How much cash was provided by operating activities?
A) $200,000
B) $235,000
C) $220,000
D) $255,000
8. If a company reports a net loss, it
A) will not be able to pay cash dividends.
B) will not be able to get a loan.
C) may still have a net increase in cash.
D) will not be able to make capital expenditures.
9. A creditor would be most interested in evaluating which of the following ratios?
A) Asset turnover
B) Earnings per share
C) Times interest earned
D) Payout ratio
10. Lionel Company has beginning work in process inventory of $220,000 and total manufacturing costs of $900,000. If ending work in process is $210,000 what is the cost of goods manufactured?
A) $700,000.
B) $9.
Due Tues., May 2- 7 questions Big Time Picture Frames h.docxsagarlesley
Due Tues., May 2- 7 questions
Big Time Picture Frames has asked you to determine whether the company's ability to pay current
liabilities and total liabilities improved or deteriorated during 2009. To answer this question, you gather the
following data:
______________________________________________2009__________2008
Cash $52, 000 51, 000
Short-term investments 30,000 --
Net receivables 110,000 120, 000
Inventory 217,000 262,000
Total assets 540,000 490,000
Total current liabilities 265,000 202,000
Long-term note payable 44,000 54,000
Income from operations 165,000 153,000
Interest expense 44,000 37,000
Requirement
1. Compute the following ratios for 2009 and 2008:
a. Current ratio
b. Acid-test ratio
c. Debt ratio
d. Times-interest-earned ratio
a. Calculate the current ratio for both years. (Round your answers to two decimal places.)
2009: nothing
2008: nothing
The Variline Inc., comparative income statement follows. 2010 data are given as needed.
Variline, Inc.
Comparative Income Statement
Years Ended December 31, 2012 and 2011
(Dollars in thousands) 2012 2011 2010
Net sales $176,000 $160,000
Cost of goods sold 93,600 86,000
Selling and general expenses 46,800 41,400
Interest expense 9,600 10,900
Income tax expense 10,200 9,200
Net income $15,800 $12,500
Additional data:
Total assets $201,000 $192,000 $174,000
Common stockholders' equity $96,900 $89,800 $79,500
Preferred dividends $3,400 $3,400 $0
Common shares outstanding during the
year 20,000 20,000 18,000
Requirements
1. Calculate the rate of return on net sales.
2. Calculate the rate of return on total assets.
3. Calculate the rate of return on common stockholders' equity.
4. Calculate the EPS.
5. Did the company's operating performance improve or deteriorate during 2012?
Requirement 1. Calculate the rates of return on net sales for 2012 and 2011. (Round your answers to
three decimal places.)
2012:
nothing
2011: nothing
The Specialty Department Stores, Inc., chief executive officer (CEO) has asked you to compare the
company's profit performance and financial position with the average for the industry. The CEO has
given you the company's income statement and balance sheet, as well as the industry average data for
retailers.
Specialty Department Stores, Inc.
Income Statement Compared with Industry Average
Year Ended December 31, 2010
Industry
Specialty Average
Net sales $782,000 100.0 %
Cost of goods sold 526,286 65.8
Gross profit 255,714 34.2
Operating expenses 164,220 19.7
Operating income 91,494 14.5
Other expenses 6,256 0.4
Net income $85,238 14.1 %
Specialty Department Stores, Inc.
Balance Sheet Compared with Industry Average
December 31, 2010
...
Question 1 of 40A product is sold at $60.00 per unit, the vari.docxJUST36
Question 1 of 40
A product is sold at $60.00 per unit, the variable expense per unit is $30, and total fixed expenses are $200,000, what are the breakeven sales in dollars?
A. $3,333
B. $100,000
C. $133,333
D. $400,000
Question 2 of 40
Sky High Seats manufactures seats for airplanes. The company has the capacity to produce 100,000 seats per year, but is currently producing and selling 75,000 seats per year. The following information relates to current production:
Sale price per unit
$400
Variable costs per unit:
$220
Manufacturing
$50
Marketing and administrative
Total fixed costs:
Manufacturing
$750,000
Marketing and administrative
$200,000
If a special sales order is accepted for 3,000 seats at a price of $300 per unit, and fixed costs increase by $10,000, how would operating income be affected? (NOTE: Assume regular sales are not affected by the special order.)
A. Decrease by $80,000
B. Increase by $230,000
C. Increase by $90,000
D. Increase by $80,000
Question 3 of 40
Blue Technologies manufactures and sells DVD players. Great Products Company has offered Blue Technologies $22 per DVD player for 10,000 DVD players. Blue Technologies' normal selling price is $30 per DVD player. The total manufacturing cost per DVD player is $18 and consists of variable costs of $14 per DVD player and fixed overhead costs of $4 per DVD player. (NOTE: Assume excess capacity and no effect on regular sales.)
How much are the expected increase (decrease) in revenues and expenses from the special sales order?
A. Expected increase in revenues $220,000; expected increase in expenses $140,000
B. Expected increase in revenues $220,000; expected increase in expenses $40,000
C. Expected increase in revenues $300,000; expected increase in expenses $140,000
D. Expected increase in revenues $220,000; expected increase in expenses $120,000
Question 4 of 40
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $15, variable costs are $9 per dozen, and total fixed costs are $4,200. How many dozen muffins must The Muffin House sell to breakeven?
A. 10,500
B. 700
C. 280
D. 175
Question 5 of 40
Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is $3.75, variable costs are $1.25 per dozen, and total fixed costs are $750.00. What are breakeven sales in dollars?
A. $563
B. $300
C. $375
D. $1,125
Question 6 of 40
Which of the following best describes a "sunk cost"?
A. Costs that were incurred in the past and cannot be changed
B. Benefits foregone by choosing a particular alternative course of action
C. A factor that restricts the production or sale of a product
D. Expected future data that differ among alternatives
Question 7 of 40
"Contribution margin per unit" is best described by which of the following?
A. Sales price per unit minus fixed cost per unit
B. Sales p ...
Lecturer: Xiaosong Zheng Sample exam paper
Course: Management Accounting Autumn 2013
Course code: TAK2830 Open book exam
Please answer all questions! Please clearly write down your name and student number on
the following line:
NAME: __________________________ STUDENT NUMBER: __________________
Part 1. Multiple choice questions (select one correct answer, 3 marks each, 60 marks total)
Please record answers to multiple choice questions in the following table:
Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10
Q11 Q12 Q13 Q14 Q15 Q16 Q17 Q18 Q19 Q20
1. Managerial accounting includes the planning function. Which of the following items
would be part of the planning function of a business's managerial accounting?
A) Comparing actual performance to previously budgeted amounts
B) Creating detailed budgets
C) Implementing operational plans
D) Evaluating results of operations
2. The journal entry to issue $500 of direct materials and $30 of indirect materials to
production includes which of the following?
A) Debit to Work in process for $500 and debit to Finished goods for $30
B) Debit to Manufacturing overhead for $530
C) Debit to Work in process for $500 and debit to Manufacturing overhead for $30
D) Debit to Work in process inventory for $530
3. Arabica Manufacturing Company uses a predetermined manufacturing overhead rate
based on a percentage of direct labor cost. At the beginning of 2012, they estimated total
manufacturing overhead costs at $1,050,000, and they estimated total direct labor costs at
$840,000. What was the predetermined manufacturing overhead rate?
A) 80% of direct labor cost
B) $1.25 per direct labor hour
C) 125% of direct labor cost
D) $35.00 per direct labor hour
4. LDR Manufacturing produces a pesticide chemical and uses process costing. There
are three processing departments-Mixing, Refining, and Packaging. On January 1, 2012,
the first department, Mixing, had a zero beginning balance. During January, 40,000 liters
of chemicals were started into production. During the month, 32,000 liters were
completed, and 8,000 remained in process, partially completed. In the Mixing
Department, all raw materials are added at the beginning of the production process, and
conversion costs are applied evenly through the process.
During January, the Mixing Department incurred $48,000 in direct materials costs and
$211,600 in conversion costs. At the end of the month, the ending inventory in the
Mixing Department was 60% complete with respect to conversion costs. First, calculate
the equivalent units, then calculate the cost per equivalent unit, and then calculate the
total cost of the product that was completed and transferred out during January.
The total cost of product transferred out was:
A) $211,600.
B) $48,00 ...
Income statement Functional Format,Linear cost Function,Method of Analyzing cost,Comparison of variable costing , unit cost computation, Illustration of variable costing , evaluation of results. Managerial Accounting
Week 5 – Term 5 Homework60 PointsDue June 10, 20121.(6 poi.docxmelbruce90096
Week 5 – Term 5 Homework
60 Points
Due June 10, 2012
1.(6 points)
At the beginning of 2010, Zuir Company's accounting department calculated the following estimates for the coming year's production:
Estimated overhead
$441,600
Direct labor hours
9,200 hr
During the year, Zuir Company experienced $440,000 in actual overhead costs and actually worked 9,100 direct labor hours. Zuir applies overhead to production using a predetermined overhead rate based on direct labor hours.
a. Calculate the predetermined overhead rate Zuir uses to apply overhead. (Show your computations.)
b. By what amount was overhead over- or underapplied for 2010? (Show your computations.)
c. Assuming the amount of over- or underapplied overhead is not significant, will the Cost of Goods Sold account be increased or decreased to correct the application of overhead?
2.(10 points)
Yamishi Production had the following inventories for the first quarter of 20xx:
Beginning
Ending
Materials
$606,600
$522,100
Work in process
312,100
280,800
Finished goods
416,100
540,200
Purchases of materials during the quarter were $427,800. Total direct labor costs were incurred in the amount of $1,482,000. Actual overhead costs were incurred as follows: operating supplies used, $17,100; janitorial and maintenance, $87,300; employee benefits, $26,400; utilities, $162,000; depreciation of factory, $43,200; property taxes, $24,000; factory insurance, $29,000. Net sales for the quarter were $3,562,200. Selling and administrative expenses were $508,000. Income taxes should be computed at 40 percent.
Prepare a statement of cost of goods manufactured for the first quarter of 20xx.
3.(6 points)
The following information has been made available to you. Assume that overhead is applied on the basis of direct labor hours.
Estimated overhead
$1,638,000
Estimated direct labor hours
390,000
Actual direct labor hours
442,000
Actual overhead
$1,862,000
a. Compute the predetermined overhead rate.
b. Compute the amount of applied overhead for the year.
c. Compute the amount of underapplied or overapplied overhead.
4.(6 points)
Job 29 consists of 300 units and has total manufacturing costs of direct materials, $4,500; direct labor, $7,500; and overhead, $3,600.
a. What is the unit product cost?
b. What are the prime costs per unit?
c. What are the conversion costs per unit?
5.(10 points)
Cancun Company uses a FIFO process costing system.
Cancun Company
Equivalent Production
November
Physical Units
Beginning inventory
2,350
Equivalent Units
Units started this period
10,120
Direct Materials
%
Conversion Costs
%
Units to be accounted for
12,470
Beginning inventory
2,350
Units started and completed
9,120
Ending inventory
1,000
Units accounted for
12,470
The following costs relate to work in process during November:
Beginning inventory
Direct materials
$7,200
Direct labor
380
Overhead
630
Current month's costs
Direct materials
$51,612
Direct labor
21,562.
ACCT 505 Final Exam Solution
http://hwminute.com/downloads/acct-505-final-exam-solution/
Similar to CENTENNIAL BREWERY PRODUCED REVENUES OF $1,145,227 IN 2008. IT HAS EXPENSES (EXCLUDING DEPRECIATION) OF $812,640, DEPRECIATION OF $131,335, AND INTEREST EXPENSE OF $81,112. IT PAYS A MARGINAL TAX RATE OF 34 PERCENT (20)
CMIS 102 HANDS-ON LAB WEEK 6 OVERVIEW THIS HANDS-ON LAB ALLOWS YOU TO FOLLOW ...JanuMorandy
CMIS 102 HANDS-ON LAB WEEK 6 OVERVIEW THIS HANDS-ON LAB ALLOWS YOU TO FOLLOW AND EXPERIMENT WITH THE CRITICAL STEPS OF DEVELOPING A PROGRAM INCLUDING THE PROGRAM DESCRIPTION,
CHAPTER 6 FROM ADVANCED BUSINESS LAW AND THE LEGAL ENVIRONMENT WAS ADAPTED BY...JanuMorandy
CHAPTER 6 FROM ADVANCED BUSINESS LAW AND THE LEGAL ENVIRONMENT WAS ADAPTED BY THE SAYLOR FOUNDATION UNDER A CREATIVE COMMONS ATTRIBUTION-NONCOMMERCIAL-SHAREALIKE 3.0
BUSINESS STAKEHOLDERS, INCLUDING SHAREHOLDERS, EMPLOYEES, CUSTOMERS, AND THE ...JanuMorandy
BUSINESS STAKEHOLDERS, INCLUDING SHAREHOLDERS, EMPLOYEES, CUSTOMERS, AND THE GENERAL PUBLIC, RECEIVE POSITIVE BENEFITS FROM BUSINESSES THAT FOLLOW ETHICAL PRINCIPLES AND PRACTICES.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
CENTENNIAL BREWERY PRODUCED REVENUES OF $1,145,227 IN 2008. IT HAS EXPENSES (EXCLUDING DEPRECIATION) OF $812,640, DEPRECIATION OF $131,335, AND INTEREST EXPENSE OF $81,112. IT PAYS A MARGINAL TAX RATE OF 34 PERCENT
2. Depreciation (per month) 900
Other fixed costs 400
Each wing sells for $0.80 each. What is the budgeted total variable cost?
A. $8,400
B. $9,500
C. $10,400
D. $10,800
02. Rincon Gifts had the following costs in May when 400 ceramic pots were produced:
materials, $4,200; hourly labor, $1,600; depreciation, $800 per month; monthly rent, $700; and
other fixed costs, $500 per month. If the production level changes to 500 units, how much will the
total costs be?
A. $9,750
B. $7,800
C. $9,250
D. $1,950
03. Hanover Binding plans to produce 40,000 books next year at a total cost of $1,640,000 with a
selling price per book of $66.00. The fixed costs total $280,000. Management is considering
lowering the price to $60.00 per book, and feels that this action will cause sales to climb to
50,000 books. What will be the incremental costs incurred if 50,000 books are sold?
A. $340,000
B. $20,000
3. C. $1,700,000
D. $1,300,000
04. Hardigree Insurance has collected the following information over the last six months.
Month Units produced Total costs
March 2,000 $6,700
April 3,200 9,400
May 2,200 7,100
June 3,000 9,500
July 2,800 8,000
August 2,100 6,600
Using the high-low method, how much is the total fixed cost?
A. $2,300
B. $2,200
C. $4,400
D. $7,910
05. Revert Creations sells a single product at a price of $50 per unit. Fixed costs total $312,000
and variable costs per unit are $24. Revert is considering the purchase of new equipment that
would reduce variable costs per unit to $21, but fixed costs would increase to $334,370. Above
what volume would Revert be profitable with the new machine, assuming the selling price
remains constant?
12,000 units
11,530 units
4. 23,530 units
There is not enough information provided to determine the answer.
06. Castillo Pens produces two models of titanium pens—Grande and Petite. Operations
information appears below for the current year:
Grande Petite
Units 2,500 4,500
Sales revenue $160,000 $96,000
Variable cost 64,000 42,000
Fixed costs 40,000 16,000
Profit $ 56,000 $ 38,000
Profit per pen $22.40 $8.44
Contribution margin per pen $38.40 $12.00
Ounces of titanium per pen 8.50 2.50
Due to a supplier problem, only 1,400 pounds (22,400 ounces) of titanium will be available during
each of the next few months. Castillo needs to produce at least 900 of each model to stay
competitive and can sell all it produces. Given the limited resource, how many Petite’s should
Castillo produce to maximize profits?
5,900 units
900 units
8,960 units
5,625 units
5. 07. Teal Sports offers 2 different types of water sport activities—sailfish rental and banana boat
rides. The company has two different activities—lifeguarding and maintenance—that provide
input into its cost objectives. Data on estimated overhead for the year follows:
Activity Driver Estimated
Overhead
Cost
Sailfish Rental
Estimate
Boat Rides
Estimate
Lifeguarding # of Labor hours $63,940 3,280 hours 2,280 hours
Maintenance Hours of riding
time
$88,000 1,500 hours 2,500 hours
The company provides 2,400 banana boat rides and 1,200 sailfish rentals each year. How much
overhead will be assigned to each banana boat ride?
A. $42.20
B $73.24
C $22.56
D. $33.84
08. Intermodal Moving uses the direct method and allocates its maintenance costs on the basis
of repair hours and its payroll department costs on the basis of employees. Estimated costs and
information on the services and production departments follows:
Payroll $36,000
Maintenance $48,000
Packing 30 employees, 280 repair hours
Driving 10 employees, 1,960 repair hours
6. How much of the payroll and maintenance costs will be allocated to the packing department?
Payroll Maintenance
A. $900 $171.43
B. $27,000 $6,000
C. $27,000 $21.43
D. $1,200 $6,000
09. Unique Finds sells fine collectible statues and has implemented activity-based costing. Costs
in the shipping department have been divided into three cost pools. The first cost pool contains
costs that are related to packaging and shipping. Unique has determined that the number of
boxes shipped is an appropriate cost driver for these costs. The second cost pool is made up of
costs related to the final inspection of each item before it is shipped and the cost driver for this
pool is the number of individual items that are inspected. The final cost pool is used for general
operations of the department and the cost driver is the number of orders. Information about the
activities is summarized below:
Cost Pool Estimated Total
Costs
Cost Driver Estimated Annual
Activity
Packaging and
shipping
$ 67,200 Number of boxes shipped 16,000 boxes
Final inspection 200,000 Number of individual items
inspected
100,000 items
General operations 85,000 Number of orders 10,000 orders
During June, 4,000 items were sold reflecting 800 orders that were packed and shipped in 2,100
boxes. What amount is allocated to each order for general operations of the department?
A. $4.20
7. B. $29.53
C. $8.50
D. $10.00
10. Speedo produces signature goggles which it sells for $35. The company produces 15,000
pairs of these goggles annually but has the capacity to produce 20,000. An order for
manufacturing and selling 1,000 pairs at $25 has been received from the U.S. Olympic swim
team that would not disrupt current operations. Current costs for the signature goggles are as
follows:
Direct materials $ 6.00
Direct labor 10.00
Variable overhead 3.00
Fixed overhead 8.00
Total $27.00
In addition, the Olympic coach would like to add the U.S. Olympic logo to each pair which would
require an additional $2 per pair of goggles in additional labor costs. The company would also
have to rent a logo stamper to stamp the logo which would cost $600. Which statement is true
with regard to this order?
A. Incremental profit will be $4,000.
B. Incremental costs will be $27,000.
C. Incremental costs will be $21,600.
D. Incremental costs will exceed incremental revenues by $4,600.
11. Swell Computers has 12 obsolete computers that are carried in its inventory at a cost of
$13,200. If these computers are upgraded at a cost of $7,500, they could be sold for $15,300.
Alternatively, the computers could be sold “as is” for $9,000. What is the net advantage or
disadvantage of upgrading the computers?
8. A. $6,300 advantage
B. $1,200 disadvantage
C. $5,400 disadvantage
D. $3,000 advantage
12. Foot Print has three product lines in its retail stores: shoes, boots, and sandals. The allocated
fixed costs are unavoidable while direct fixed costs are avoidable. Results of June follow:
Socks Boots Sandals Total
Units sold 800 1,200 2,400 4,400
Revenue $24,800 $30,400 $36,600 $91,800
Variable costs 13,600 13,200 16,800 43,600
Direct fixed costs 5,000 7,000 6,500 18,500
Allocated fixed costs 8,000 9,000 8,000 25,000
Net income (loss) $(1,800) $ 1,200 $ 5,300 $ 4,700
Demand of individual products is not affected by changes in other product lines. How much is the
incremental effect on income of dropping socks?
A. Decrease of $11,200
B. Decrease of $6,200
C. Increase of $1,800
D. Decrease of $1,500
9. 13. Ralston Tile produces three types of ceramic tiles, models 33, 41, and 56 from clay, which is
mined in the Arizona desert. Budgeted data for next month follows:
33 41 56
Units produced 3,000 4,500 6,000
Sales value at split-off per unit $15 $18 $24
Additional processing costs per unit $4 $6 $7
Joint production costs per unit $2 $5 $5
Sales value if processed further per unit $20 $23 $32
The joint cost of mining the clay is $80,000. Which of the products should be produced beyond
the split-off point?
33 41 56
A. Yes Yes Yes
B. Yes Yes No
C. No Yes Yes
D. Yes No Yes
14. Right Air Supply sells a specialized air filter that has a variable cost of $10 each. Fixed costs
are estimated to be $700,000 across all levels of sales shown below:
Units Demanded Unit Price
80,000 $35
90,000 $33
100,000 $31
110,000 $30
10. 120,000 $28
What price should Right Air Supply charge to maximize profits?
A. $35
B. $33
C. $31
D. $30
E. $28
15. A company believes it can sell 8,000 units of its proposed new garage door opener at a price
of $100 each. If the company desires to make a profit of 30% of selling price on the garage door
opener, what is the target cost per opener?
A. $130
B. $110
C. $70
D. $30
16. A company estimates that ordering costs are $3.20 per order, picking costs are $2.15 per
unique item ordered, packing costs are $0.04 per item, and return costs are $15.00 per return. A
customer orders $8,440 worth of goods with direct costs of $5,200. The customer places 85
orders, orders 72 unique items, 450 total items, and makes 5 returns. What is the customer
profit?
A. $519.60
B. $3,240
C. $2,720.20
D. $7,920.20
11. 17. Splurge Electronics sells homework machines for $80 each. Variable costs per unit are $45
and total fixed costs are $43,750. Splurge is considering the purchase of new equipment that
would increase fixed costs to $48,700, but decrease the variable costs per unit by $5. At that
level, Splurge Electronics expects it can sell 1,500 units next year. What is the company’s
break-even point in units if it purchases the new equipment, assuming the selling price remains
constant? (Round your answer to the nearest whole number.)
