Why is relevant for making operating decisions
"Activity-based costing is just another inventory valuation method. It isn't relevant for making operating decisions." Do you agree with this statement? Explain.
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At the year ending on31stDecember, 2006 the company had the netProfit after tax Rs. 155,000 and 20,000ordinary shares in issue. On January 1, 2007, Zeal Pak Co.issued 10% preference sharesof Rs. 150,000.
At the initial stageof the project, there were idle funds of Rs. 1 million which the Aftab Limited invested for aperiod of nine months. The income from this investment was Rs. 60,000.
Why do most companies use normal or standard costing? After all, actual costing gives the actual cost, so the firm could just wait until it knows what the cost will be.
What is the distinction between equivalent units under the FIFOmethod and equivalent units under the weighted-average method?
For the dataset, test if there is a difference in mean premiums in the provinces between 2004 and 2005, using ? = 0.01, and obtain a 99% two-sided confidence interval for the difference.
Benson Co. is considering disposing of a machine with a bookvalue of $125,000 and estimated remaining life of five years. Theold machine can be sold for $15,000.
For the dataset, test if there is a difference in the variances of the passes completed by the two players, using ? = 0.01, and obtain a 99% two-sided confidence interval for the ratio of the variances.
Carol and Dave each purchase 100 shares of stock of Burgundy,Inc., a publicly owned corporation, in July for $10,000 each. Carolsells her stock on December 31 for $8,000.
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