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Twentyfirst Century Electronics has discovered a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards. The following table shows how the number of security guards affects the number of radios stolen per week. Number of security guards              Number of radios stolen […]

I                                   MCQS I 11In standard normal distribution the means is always (Points : 3)        2.  The area under the standard normal curve is (Points : 3)         3. 3.If Larry gets a […]

Managerial Accounting 1B Financial and Managerial Accounting Chapter 22 1.        Exercise 22-1 Department al expense allocations L.O. C1 Won Han Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect expenses and the bases used to allocate […]

Managerial Accounting 1B Financial and Managerial Accounting Chapter 21  1.Exercise 21-1 Preparation of flexible budgets L.O. P1 Mesa Company’s fixed budget for the first quarter of calendar year 2011 reveals the following.     Prepare flexible budgets that show variable costs per unit, fixed costs, and three different flexible budgets for sales volumes of 7,500, […]

Discount rates will vary based upon your own personal level of risk tolerance. For example, I might be willing to buy a risky stock if I think I’ll earn 10% while my wife would need at least 20% before she’d consider it. What’s your discount rate for the following types of equities? How did you […]

1.)Use the following partial financial statement information below to calculate the liquidity and profitability ratios. This information can be used to correctly solve each of the ratios below. Average common shares $10,000 Current liabilities $100,000 Capital expenditures 20,000 Net income 21,000 Cash provided by operations 28,000 Net sales 150,000 Common stock dividends paid 5,000 Total […]

Question 1 Booth Financial Services, LLC has two revenue producing departments, Financial Planning and Business Consulting. The accounting department is trying to determine the best method to allocate $1,000,000 of common costs (secretarial staff, reception personnel, etc), either by salary or number of employees. Information on the revenue departments are as follows: Department Employees Salaries […]

it is 5-6 pages in length… you have to read a book or maybe some book that is famous.. i am familiar about too…. you are going to be writing a synopsis of the book and why you selected that in the first place. You may include outside source of information related to your selection: […]

  Managerial Accounting 1B Financial and Managerial Accounting- Chapter-20  1. Exercise 20-5 Computing budgeted cash payments for purchases L.O. P1   Powerdyne Company’s cost of goods sold is consistently 60% of sales. The company plans to carry ending merchandise inventory for each month equal to 40% of the next month’s budgeted cost of good sold. […]

Managerial Accounting 1B Financial and Managerial Accounting Chapter 19 1. Exercise 19-1 Income reporting under absorption costing and variable costing L.O. P2 Adams Company, a manufacturer of in-home decorative fountains, began operations on September 1 of the current year. Its cost and sales information for this year follows.               Production costs […]