EBK PEARSON ETEXT INTERNATIONAL BUSINES
9th Edition
ISBN: 9780136846871
Author: Wild
Publisher: VST
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Chapter 3, Problem 6EC
Summary Introduction
To Determine:
the things to be done if government punishes the users of pirated software.
Introduction:
Ethics refers to the moral principles that one must possess in his behavior. When an activity is undertaken, it must be ethical by following the moral principles. It involves the concept of right and wrong things. The thing that can be morally done and which is carried outin a good way is included in ethics.
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Cost Pools
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Cost Driver
Practical Capacity
Budgeted Activity for S-101
Budgeted Activity for C-110
Setup activity
250000
Setup hours
5000
2500
2350
Packing and shipping
50000
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2000
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30000
Number of batches
1000
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Machining
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150000
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Purchase ordering
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1. Which Cost Pool is approximately 22 percent of the total budgeted costs?
2. What percentage of the total budgeted costs does Machining take up?
3. What is the percentage of the total budgeted costs taken up by the smallest Cost Pool?
4. Which Cost Pool has 1.25 percent slack?
5. Which Cost Pool has the highest percent slack?
6. In the Inspection Cost Pool, what is the amount of difference between budgeted costs and the budgeted activity for both products?
7. In how many cost pools is the S-101 manufacturing overhead (MO) greater than the C-110 manufacturing overhead (MO)?
8. In which Cost Pools is…
Financial statements for Askew Industries for 2024 are shown below (in thousands):
2024 Income Statement
Net sales
$ 8,600
Cost of goods sold
(6,050)
Gross profit
2,550
Operating expenses
(1,850)
Interest expense
(100)
Income tax expense
(240)
Net income
$ 360
Comparative Balance Sheets
December 31
2024
2023
Assets
Cash
$ 500
$ 400
Accounts receivable
500
300
Inventory
700
500
Property, plant, and equipment (net)
1,000
1,100
$ 2,700
$ 2,300
Liabilities and Shareholders’ Equity
Current liabilities
$ 500
$ 250
Bonds payable
900
900
Common stock
500
500
Retained earnings
800
650
$ 2,700
$ 2,300
Calculate the following ratios for 2024.
Note: Consider 365 days a year. Round your intermediate calculations and final answers to 2 decimal places.
Ans plz general accounting
Chapter 3 Solutions
EBK PEARSON ETEXT INTERNATIONAL BUSINES
Ch. 3.1 - Prob. 1QS1Ch. 3.1 - Prob. 2QS1Ch. 3.1 - Prob. 3QS1Ch. 3.1 - Prob. 4QS1Ch. 3.2 - Prob. 1QS2Ch. 3.2 - Prob. 2QS2Ch. 3.2 - Prob. 3QS2Ch. 3.2 - Prob. 4QS2Ch. 3.3 - Prob. 1QS3Ch. 3.3 - Prob. 2QS3
Ch. 3.3 - Prob. 3QS3Ch. 3.4 - Prob. 1QS4Ch. 3.4 - Prob. 2QS4Ch. 3.4 - Prob. 3QS4Ch. 3.5 - Prob. 1QS5Ch. 3.5 - Prob. 2QS5Ch. 3.5 - Prob. 3QS5Ch. 3.5 - Prob. 4QS5Ch. 3 - Prob. 1TAI1Ch. 3 - Prob. 2TAI1Ch. 3 - Prob. 3TAI2Ch. 3 - Prob. 4TAI2Ch. 3 - Prob. 5ECCh. 3 - Prob. 6ECCh. 3 - Prob. 7ECCh. 3 - Prob. 8MESPCh. 3 - Prob. 9MESPCh. 3 - Prob. 10MESPCh. 3 - Prob. 11MESPCh. 3 - Prob. 12MESPCh. 3 - Prob. 13MESPCh. 3 - Prob. 16MESPCh. 3 - Prob. 17MESPCh. 3 - Prob. 18MESPCh. 3 - Prob. 19MESP
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