Advanced Accounting, Cost and Management Accounting resources

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Advanced Accounting, Cost and Management Accounting resources

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
ACC 311 	Master Budget Project 	Innovate Company General Instructions image

ACC 311 Master Budget Problem Spring Semester - 2016 Innovate Company is a highly-progressive organization that produces Netbook computers. The design of Innovate’s system is unique and represents the latest...

By Syed Obaid ul Basit
Cost Of Production ( Q & A) - image

Requirement of the question: Prepare cost of goods manufactured statement for the year ended 31 December 20X4.

By Store of Finance and Accounting
Introduction to Islamic Finance image

Introduction to Islamic Finance Objectives What is Islamic Finance? Key Principles of Islamic Finance Question 1: Riba in Islamic Finance Solution 1: Prohibition of Riba Question 2: Gharar in Islamic Finance ...

By Store of Finance and Accounting
"Introduction to the Basics of Accounting" image

Introduction: Accounting is introduced as the language of business, used to track, summarize, and communicate financial information. The Accounting Equation: Explains the fundamental equation - Assets =...

By Store of Finance and Accounting
Understanding Absorption Costing image

Absorption costing is a crucial method in cost accounting used for calculating the manufacturing cost of a product. It includes labor cost, material cost, and all direct and indirect costs associated with product...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Accounting analysis of Bear Stearns & Co image

Bear Stearns & Co Answer the following 10 questions, using the financial statement data from Blockbuster Entertainment Corporation. Anup please answer questions and show work on excel (note what numbers you're...

By Store of Finance and Accounting
Xero Accounting Software Tutorial Notes image

Introduction to Xero (No Title): Overview of the course and its objectives. Xero Basics: Introduction to Xero's interface, navigation, and terminology. Setting Up a Xero Account: Step-by-step guidance on...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers relating to Cost Accounting image

Calculate the costs per equivalent unit of production for the following department. Using the weighted average method, assign costs to the forming...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Case Study on Cemex - Managerial Accounting image

Company Background CEMEX ® (Cementos Mexicanos) fabricates large concrete slabs. The company had achieved remarkable growth in recent years, becoming an important player in the production of specialized concrete slabs...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Case study on Cost Accounting image

Prepare operating budgets for the year by quarter & budgeted income statement for the Candy business:

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers relating to Cost Accounting image

The following are the selling price, variable costs, and contribution margin for one unit of each of Banner Company's three products: A, B and C

By Store of Finance and Accounting
Questions and answers relating to Accounting image

Question a) Leopard Ltd makes three products, A, B and C. The selling price and cost per unit for each of these products is budgeted as follows: A B C £/unit £/unit £/unit Selling price ********* Direct labour...

By Store of Finance and Accounting
Questions and Answers of Accounting image

Statement of cash flows Use the information shown on this page and the next to prepare a Statement of Cash Flows (Indirect Method) for the year ending December 31, 2022. Your Statement of Cash Flows should be in good...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and answers relating to Cost Accounting image

Q1. The volume of books that One.com, an online book retailer, needed to sell in order to break-even in July 2014 was 10,000 units. Fixed expenses per month (salaries and warehousing) are $60,000. The selling price per...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and answers relating to Cost Management image

Balliser Company sells its products for $100 each. The current production level is 30,000 units although only 25,000 units are sold..

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers on Financial Accounting image

The selling price, variable costs, annual fixed costs, annual depreciation charges, and marginal tax rate for the project are shown below:

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers relating to Accounting image

Choose the answer that is not a distinguishing characteristic of financial accounting information. Product costs include all of the following except: Which of the following costs would not be classified as overhead...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Cost Accounting image

Rollins and Cohen, CPAs, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the year...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Questions and Answers on Managerial Accounting image

1 Flex Electronics manufactures and sells two types of custom USB flash drives with organization logo: USB drive #1 and USB drive #2. The company forecasts the following data for year 2017: USB Drive #1 USB Drive #2...

By Anup Singhania - CPA | CFA L2 | 5K+ students | A++
Financial Accounting image

Ashlee Adams and Alana Miller graduated in accounting with their Masters in May of Year 17. During the rest of Year 17, they completed the CPA exam.