September 12, 2016
Ethics Essay #1
Leroy is the chief accountant for a large, established, advertising firm in Southeast
Louisiana. He recently made some poor investment decisions leaving him with a $15,000
personal loan to pay o
24 October 2016
Murray Manufacturing, Inc. is looking into outsourcing their communications needs.
Pamela McDonald, Vice President of Operations, and Roger Branch, manager of the companys
ACCT 331 Test 3 Material
Units X Selling Price = Budgeted Revenue
Budgeted Sales (units)
+ Target Ending F.G. Inventory
- Beg F.G. Inventory
DM Purchases Budget
Budgeted Production (units)
X DM per unit
Sales Order Process: Receive Order
1. The sales process begins with the receipt of a customer order.
2. When a customer order is received, it is not in a standard format.
3. The first task when receiving a customer order is to transcribe it into
ACCT 331 Cost Accounting - Terms
Direct costs of a cost object
Related to a particular cost object and CAN be directly traced
Indirect costs of a cost object (Allocated)
Related to a particular cost object but CANNOT be directly traced.
EXAMPLE: If the
Equations - ACCT 331 Cost Accounting Test 1
Variable Cost + Fixed Cost = Total Cost
Cost Of Goods Manufacture
+ Purchased DM
Total DM Available For Use
- Ending DM
DM Used This Period
+ Direct Labor
+ Indirect Manufacturing C
ACCT 331 STUDY GUIDE
What is variable costs?
What is fixed costs?
What are other names for Manufacturing costs? (Two others)
What are other names for Non-manufacturing costs? (Two others)
What is COGM?
How do you calculate COGM?
How do you calculate Opera
Technology Briefing 5 The Internet and the World Wide Web I. The Internet A. How Did the Internet Get Started? The Internet got started in the 1960s when the U.S. Defense Advanced Research Projects Agency (DARPA) began to study was to interconnect network
Technology Briefing 4 Networking (continued) III. Networking Fundamentals A. Servers, Clients, and Piers A network consists of three separate components servers, clients, and peers. 1. A server is any computer on the network that makes access to files, pr
Technology Briefing 4 Networking I. Evolution of Computer Networking A. Computer networking is the sharing of information or services. B. Computer networks require three things: 1. Senders and receivers that have something to share 2. A transmission mediu
Chapter 6 Securing Information Systems You are responsible for the definitions of the following terms/information: 1. Information system security p. 232 Precautions taken to keep all aspects of information systems safes from unauthorized use or access. 2.
Chapter 5 Enabling E-Commerce Using the Internet I. Electronic Commerce Defined A. Concepts and Definitions 1. The Internet now provides a set of interconnected networks for individuals and businesses to complete transactions electronically. 2. Electronic
Net Income Variance Budgeted Net Income Actual Net Income Quantity Sold Variance (Actual Unit Sales Budgeted Unit Sales) X Budgeted Contribution Margin Per Unit Selling Price Variance (Actual Selling Price Budgeted Selling Price) X Actua