External link to Stock   Features assignment paper

Stock   Features assignment paper

Stock   Features What is callable preferred stock? Why do corporations issue such stock? Given the different features that are associated with stock (callable, cumulative, preferred, etc.), what type of stock would you want to buy personally and why? Guided Response: Review your peers’ posts. Respond to at least two of your classmates, letting them know if you agree with their type of desired stock and […]

External link to Role   of Management Accounting

Role   of Management Accounting

Role   of Management Accounting Review the roles of management accounting within a company. What is the most important role of management accounting? How is that different than financial accounting? Guided Response: Review your peers’ posts. Respond to at least two of your classmates, and provide at least two areas that management accountants focus on that your classmates didn’t include. Carefully review the Discussion Forum Grading […]

External link to Manufacturing statements and cost behavior 

Manufacturing statements and cost behavior 

Manufacturing statements and cost behavior Tampa Foundry began operations during the current year, manufacturing various products for industrial use. One such product is light-gauge aluminum, which the company sells for $36 per roll. Cost information for the year just ended follows.   Per Unit  Variable Cost  Fixed Cost    Direct materials $4.50 $ —   Direct labor 6.5 —   Factory overhead 9 50,000   […]

External link to Schedule of cost of goods manufactured, income

Schedule of cost of goods manufactured, income

Schedule of cost of goods manufactured, income statement  The following information was taken from the ledger of Jefferson Industries, Inc.:   Direct labor $85,000 Administrative   expenses $59,000   Selling expenses 34,000 Work in. process:   Sales 300,000 Jan. 1 29,000   Finished goods Dec. 31 21,000   Jan. 1 115,000 Direct material   purchases 88,000   Dec. 31 131,000 Depreciation:   factory 18,000   Raw (direct)   materials […]

External link to Definitions of manufacturing concepts

Definitions of manufacturing concepts

Definitions of manufacturing concepts Interstate Manufacturing produces brass fasteners and incurred the following costs for the year just ended: Materials and supplies used Brass $75,000 Repair parts 16,000 Machine lubricants  9,000 Wages and salaries Machine operators  128,000 Production supervisors  64,000 Maintenance personnel  41,000 Other factory overhead Variable  35,000 Fixed  46,000 Sales commissions 20,000 Compute: a. Total direct materials consumed b. Total direct labor c. Total […]

External link to Bond computations Straight-line amortization 

Bond computations Straight-line amortization 

Bond computations: Straight-line amortization Southlake Corporation issued $900,000 of 8% bonds on March 1, 20X1. The bonds pay interest on March 1 and September 1 and mature in 10 years. Assume the independent cases that follow. · Case A—The bonds are issued at 100. · Case B—The bonds are issued at 96. · Case C—The bonds are issued at 105. Southlake uses the straight-line method […]

External link to . Analysis of stockholders’ equity  Assignment

. Analysis of stockholders’ equity  Assignment

 Assignment Please complete the following exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button. 1. Analysis of stockholders’ equity  Star Corporation issued both common and preferred stock during 20X6. The […]

External link to Institute of Management Accounting

Institute of Management Accounting

Institute of Management Accounting While there are many instances of overlap between financial accounting and management accounting, each group’s primary focus is different. Review the Institute of Management Accounting’s (IMA) website, specifically the “About IMA” and the “Resources and Publications” sections of the website. Are you surprised by the topics that management accountants are focusing on? Why or why not? What interests you more, financial […]

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