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ACCOUNTING ANALYSIS
Accounting Analysis
[Name of the Institute]
Accounting Analysis
Question # 1
Answer.
Yes, if Fox and Company wants to enhance the owner's wealth by reducing the staff salaries than it can achieve the purpose of reducing the cost and generating the maximum profit, as reducing the cost leads to maximizing the profit. But ...
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EPICURUS
Epicurus
Epicurus
The Epicurus question which relates to the whence then is evil, indicates that since the evil exists in the world, many people believe that the presence of God is not certain. However, it is important to note that the God created many things, and among those some of his ...
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Decision Analysis
Decision Analysis
Introduction
If we analyze the distribution pattern of Shuzworld; it adequately provides a clear view of the company's adopted strategies for growth and to find a niche for the company's products in the market. The company makes use of a number of tactics and applies a combination ...
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Financial Accounting Regulations
Financial Accounting Regulations
Introduction
History is filled with examples where crisis and scandals paved the way for regulatory interventions in the financial markets. The United Kingdom introduced major changes in its regulatory practice after the fall of the Barings Bank as a result of the financial scandals during the 1990s. ...
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Tax Planning
Tax Planning
Introduction
Tax Planning is the process of analyzing the financial situation of a country from the perspective of tax and the alignment of the country goals with the plans that are the most tax efficient. Tax Competition is the competition among the countries of the world for gaining foreign ...
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MANAGEMENT ACCOUNTING
The Management Accountant in Business
The Management Accountant in Business
Introduction
Tesco Public Limited Company is a merchandising retailer and a grocery retailer multinational chain which has it's headquarter in Cheshunt in the United Kingdom. Tesco as compared to its counterparts, Walmart and Carrefour, is the world's third largest retail store with ...
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Accounting
Accounting
The assignment is about the importance of accounting in CPA. CPA is the Chartered Public Accountant which is one of the most important and highly recognized public certification accredited by global institutions.
Assignments Main Aim
The main aim of this assignment is to highlight the importance of CPA and its ...
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ACCOUNTING ANALYSIS
Accounting Analysis
Accounting Analysis
Task one - Job A
Overhead Analysis Sheet
Factory Overheads
Basis of Apportionment
A
B
C
X
Y
Total
Allocated
2800
1700
1200
800
600
7100
Rent and Rates
Floor area
6000
3600
1200
1200
800
12800
Machine insurance
Machine value
3000
1250
1000
500
250
6000
Telephone charges
Direct labour hours
1706.666667
960
533.3333333
3200
Depreciation
Machine value
9000
3750
3000
1500
750
18000
Supervisor's salary
Direct labour hours
12800
7200
4000
24000
Heating & Lighting
Floor area
3000
1800
600
600
400
6400
TOTAL
38306.66667
20260
11533.33333
4600
2800
77500
Re apportionment
Service dept X
2300
1150
1150
-4600
Service dept Y
560
840
1400
-2800
TOTAL COSTS
41166.66667
22250
14083.33333
0
0
77500
Overhead Absorption rate
41166.67/3200
22250/1800
14083.33/1000
=$12.86/DLH
=$12.36/DLH
=$14.08/DLH
Job B
Job 123
Job 124
Direct materials
154
108
Direct Labour
~A
76
60.8
~B
42
35
~C
34
47.6
Factory overheads
~A
257.2
205.76
~B
148.32
123.6
~C
140.8
197.12
TOTAL COST
852.32
777.88
Job C
Quoted Selling Price
1065.4
972.35
Job D
In order ...
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Operations Management Skills - Affinity diagram
Operations Management Skills - Affinity diagram
Introduction
An affinity diagram is basically a tool that is used for making all the thoughts regarding any particular area displayed in form a diagram which is giving an overall overview of the thought by relating them and grouping them ...
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DOMESTIC VIOLENCE
Domestic Violence
Domestic Violence
Question 1
Explanations for Mark's behaviour
Consideiring the scenario, Jenny was responsible for Mark's behaviour because she was drunk and she started calling him a loser and in reaction to this Mark got angry and he responded in this way. The case of Jenny and Mark reflects the signs ...