omework: Chapter 9 Homework 0
ES-17A (similar to)
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hoardihm:1 er 1 pt
Ass'gnlnentsnnrg: 92.35% (13 Dr 14 pis)
Houston College Bookstore is the bookstore on campus for students and faculty. Th
Emerdsegmre: 1 ui‘ 1 pt mnmntmm: 93.55% (23.53 ui‘ 24 p45)
Each ofthe following managers has been given certain decision-making authority. Classify each manager according to the type of responsibility center he or she manages.
Cost center 1. Mana
Graph these cost behavior patterns over a relevant range of 0 — 10,000 units:
a. Variable expenses of$8 per unit
b. Mixed expenses made up of ﬁxed costs of $10,000 and variable costs of$6 per unit
c. Fixed expenses of$20,000
Calculate the variable costs f
How are bad debts accounted for under the direct write-off method? What are the
disadvantages of this method?
Under the direct write off method, the bad debts expenses are recorded when the customer
does not pay its due amount to the company, as no
IFRS 8-1: What are some steps taken by both the FASB and IASB to move to fair value
measurement for financial instruments? In what ways have some of the approaches differed?
Fair value measurements have the power to provide users of financial statements w
What types of industries have unearned revenue? Why is unearned revenue considered a liability?
"Unearned revenue" refers to money that a company has received for products or services that it has
not yet provided.Any company that accepts advance payments
PepsiCos responsibility is to continually improve all aspects of the world in which we operate
environment, social, economic creating a better tomorrow than today. Our vision is put into action
through programs and a focus on environmental ste
Chapter 3 Homework
asercigSoure: 1 or 1 pt mnmnlsulre: 94.91% t17.oa or 13 ots) “on: complete
Hoover Cole Sunglasses sell for about $153 per pair. Suppose the company incurs the followmg average costs per pair: