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ACCOUNTING
Accounting
Sunny Shades
Part A - Budgeting
Sunny Shades
Sales Budget
For the Year Ending Sept, 2012
Quarter
Apr
May
Jun
Sales Units (Steel)
2,500.00 2,000.00 2,000.00
× Price per Unit( £ )
250.00 230.00 230.00
Total Sales Of Log
625,000.00 460,000.00 460,000.00
Sales Units (Al)
3,000.00 2,400.00 2,400.00
× Price per Unit( £ )
370.00 350.00 350.00 ...
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COST ACCOUNTING
Cost Accounting
Cost Accounting
Question 2: Practical Question
Conversion
Units
Percentage Completed
Started
14000
Completed and transferred
13500
Work in process, May 1
5000
80%
Work in process, May 31
4000
30%
Materials
Labor and Overhead
Transferred In
Cost of May
Work in process, May 1
25860
32524
40312
Added during the month
72940
97112
117160
a
Units transferred out
13500
Add: Equivalent units in ending inventory
4000 x 100%
4000
Equivalent Units for materials
17500
b
Units transferred out
13500
Add: Equivalent units in ending ...
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BUSINESS LAW
Foundations of Business Law - Assignment 3
Foundations of Business Law - Assignment 3
Introduction and Case Overview
A contract binds two or more parties to fulfil certain obligations under the contract for mutual benefits and gains (McKendrick 2005). However in case of any one of the parties fails ...
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CASE STUDY
Case Study
Table of Contents
Accounting Analysis3
Part 13
Q2: T Accounts3
Q5 Income Statement and Balance Sheet6
Assumptions9
Assumptions Made9
Part 2 Balance Sheet Company A210
Vertical Analysis of Balance Sheet of Company A211
Income Statement Company A212
Vertical Analysis of Income Statement (Company A2)12
Cash Flow of Company A213
Vertical Analysis of Cash Flow of Company A214
Income Statement ...
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TRUE AND FAIR VIEW
True and Fair View - The Legal versus the Accounting Perception
True and Fair View - The Legal versus the Accounting Perception
Introduction
The aim of this study is to explore the concept of true and fair view by comparing the legal versus the accounting perception. Although ...
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FINANCIAL ACCOUNTING
Financial Accounting
Raising Individual Financial Awareness
Part a)
An investment is an outlay of money or other fluids of financial resources, in order to obtain net profits in the future. People should invest in such assets which will in future benefit them in term of money. Fred Murray (the musician) ...
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ACCOUNTING FOR BUSINESS
Accounting for Business: A Report
Accounting for Business: A Report
Introduction
This report reviews the financial performance of Fastenings Ltd for the years 2010-2011. In doing so, the report presents the company's financial ratios and variances with respects to income, expenditures and balance sheet positions. Ratios helped me to trace ...
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EVANS & TATE WINERY
Part A: Evans & Tate Winery
Part A: Evans & Tate Winery
d.
If Evans & Tate had used the cost model rather than revaluation model for vineyards and valuing grapes for 2001 to 2005, the impact on reported earnings in the years would be more encouraging as the cost ...
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BUSINESS MANAGEMENT SYSTEMS
Business Management Systems
Business Management Systems
Part One
Costing Processes
Process Costing
Process costing is a method of averages that is used to assign costs to production in situations that cause large manufacturing the same products. The costing process is applicable to that type of production that involves a continuous process resulting ...
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AUSTRALIAN ACCOUNTING STANDARDS
Approaches to Standard Setting in Accounting
Approaches to Standard Setting in Accounting
Introduction
In context of reduced disclosure requirements in Australian Accounting Standards, for years, the accounting standard setters have been waging a combat in opposition to the financial fraud, distorted and obfuscated financial reporting. This study contends the approaches to ...