The London Private Hospital Has 3 Patient Services Departments – Adult Medicine, Obstetrics And

The London Private Hospital has 3 patient services departments – Adult Medicine, Obstetrics and Paediatrics. It also has 3 patient support departments – administration, Facilities and Finance. The revenues of the three patient services departments are: Adult medicine $12 million Obstetrics $6 million Paediatrics $2 million The direct costs of all 6 departments are: Adult medicine $6 million Obstetrics $3.6 million Paediatrics $1.2 million Administration $1 million Facilities $4.4 million Finance $1.8 million Direct costs of the support departments are allocated to patient services departments using the direct method on the basis of the % of services provided to the support departments to the patient service departments. The table below gives the percentages of support provided by the support departments to both each other and the services departments. For example, 10% of admin’s services are provided to the finance department and 20% to obstetrics % of services provided by service to provide admin facilities finance admin 0 5 5 facilities 10 0 5 finance 10 10 0 adult medicine 35 55 50 obstetrics 20 10 25 paediatrics 25 20 15 Total 100 100 100 Allocate the support overheads to the 3 patient service departments on the basis of the % of services provided. b. Calculate the profit and loss position for each of the patient service departments and the hospital as a whole. c. Should the hospital consider closing down any or all of the patient service departments to increase its profitability or reduce its losses? Explain why or why not. Hint: All costs of the supporting units are to be allocated to cost objects. Hint: Allocations rate depends solely on each cost object’s cost driver and how much in total is allocated to cost objects Hint: Allocation rates have a numerator and denominator component. The key is to adjust these based on information provided in the question.

Thompson Industrial Products Inc. (TIPI) Is A Diversifi Ed Industrial-cleaner Processing Company. The Company’s

Thompson Industrial Products Inc. (TIPI) is a diversifi ed industrial-cleaner processing company. The company’s Dargan plant produces two products: a table cleaner and a fl oor cleaner from a common set of chemical inputs (CDG). Each week, 900,000 ouncesof chemical input are processed at a cost of $210,000 into 600,000 ounces of fl oor cleanerand 300,000 ounces of table cleaner. The fl oor cleaner has no market value until it is converted into a polish with the trade name FloorShine. The additional processing costs for this conversion amount to $240,000.FloorShine sells at $20 per 30-ounce bottle. The table cleaner can be sold for $17 per 25-ounce bottle. However, the table cleaner can be converted into two other products by adding 300,000 ounces of another compound (TCP) to the 300,000 ounces of table cleaner. This joint process will yield 300,000 ounces each of table stain remover (TSR) and table polish (TP). The additional processing costs for this process amount to $100,000. Both table products can be sold for $14 per 25-ounce bottle.The company decided not to process the table cleaner into TSR and TP based on the following analysis . Instructions (a) Determine if management made the correct decision to not process the table cleaner further by doing the following. (1) Calculate the company’s total weekly gross profi t assuming the table cleaner is notprocessed further. (2) Calculate the company’s total weekly gross profi t assuming the table cleaner isprocessed further. (3) Compare the resulting net incomes and comment on management’s decision. (b) Using incremental analysis, determine if the table cleaner should be processed further.(CMA adapted)

Given Current Economic Conditions And Individual Operating Results, Companies May Not Comply Fully With

Given current economic conditions and individual operating results, companies may not comply fully with lender restrictions on debt and, thus, fail to meet one of the debt covenant requirements (e.g., to maintain a certain working capital ratio). The debt agreement may have a trigger to make the debt due on demand and, therefore, a current liability. Often, the client will be able to obtain a waiver of compliance on this violation in order to comply with the provision. Certain auditing procedures need to be performed to ensure this failure of a covenant and subsequent waiver are properly documented and correctly reported. Sunshine, CPA, is the auditor for Shumacher Industries, a manufacturer of widgets. Shumacher has debt (a mortgage and line of credit) to ABC Bank, the same bank that holds its cash, lockbox, and money market accounts. The mortgage has certain covenants that must be complied with at year-end. When the client did an initial analysis of the covenants with its year-end numbers, the debt to equity required ratio, i.e. the “debt to equity ratio,” was not met. The CFO of Shumacher approached the bank and received a covenant waiver from the audit date (12/31/XX) for a period of one year. 1. What audit procedures are needed for Sunshine, CPA, to test the failure of the covenant? 2. How should the waiver be dated in this case? 3. What if the waiver were dated the same date as it was received (12/31/XX year-end, dated 02/01/XX)? no pictures or cursive

Which Of These Following Scenarios Would Be Included In GDP? Revenue From Selling A

Which of these following scenarios would be included in GDP? revenue from selling a four-year old car fees charged for a stock broker services Receipts from selling land Value of a leaf raking service provided by a 16 year old as part of his chores

Question 1 The Following Are The Post-closing Trial Balances Of Crazehill Ltd As At

Question 1 The following are the post-closing trial balances of Crazehill Ltd as at 30 June 2014 and 30 June 2015: 2014 2015 Credits Ordinary share capital 375,000.00 750,000.00 6% preference shares 172,500.00 151,125.00 Revaluation surplus – 75,000.00 Retained earnings 23,730.00 33,330.00 8% mortage bond 142,500.00 30,000.00 Accounts payable 135,750.00 37,800.00 Bank overdraft 12,600.00 – Proposed ordinary dividend 7,500.00 15,000.00 Taxation provision 3,150.00 6,300.00 Accumulated depreciation: Plant 90,000.00 117,000.00 Accumulated depreciation: Vehicles 24,000.00 29,940.00    986,730.00 1,245,495.00 Debits    Goodwill 24,000.00 – Land and buildings (at cost/valuation) 300,000.00 360,000.00 Plant ( cost) 228,000.00 291,000.00 Vehicles ( at cost) 63,000.00 74,400.00 Inventory 214,200.00 282,000.00 Accounts reeivable 157,500.00 153,000.00 14 Share issue expenses – 16,125.00 Cash at bank – 68,970.00    986,700.00 1,245,495.00 Additional information: 1. In March 2015, the company sold a vacant stand that cost N$ 15 000 for N$ 30 0000 cash and had the remaining property revalued by a sworn appraiser. The directors decide to show the property in the books at the increased value. 2. Included in the profit before tax is interest paid of N$ 9 000 and interest received of N$ 5 400. 3. Revenue for the year amounted to N$ 504 000. 4. During July 2014, the company purchased additional plant and traded in this asset in part settlement of the purchase price of the plant. Cost Accumulated Depreciation Trade in value Plant 48,000.00 28,800.00 24000 The company doesn’t depreciate non-current assets sold during the year. 5. Profit and loss account for the year ended 30 June 2015: General Ledger of Crazehill Ltd Final Accounts Section PROFIT OR LOSS ACCOUNT Dr.    Cr. Jun. 30 Taxation GJ6 38,400.00 Jul 1 Retained earnings GJ6 23,730.00 30 Goodwill GJ6 24,000.00 Jun 30 Profit before tax GJ6 96,000.00    30 Preference dividends proposed GJ6 9,000.00          30 Ordinary dividends proposed GJ6 15,000.00          30 Retained earnings GJ6 33,330.00       15 119,730.00 119,730.00 6. During January 2015, the company issued the balance of its shares.  Issues expenses of N$ 16 125 were incurred.  In terms of the director’s resolution, the issue expenses must be written off. You are required to: 1.1 Prepare the statement of cash flow for the company, using the indirect method, for the year ended 30 June 2015. This statement must in all aspects comply with the requirements of AIS 7 (IFRS) and Companies Act 71 of 2008. [25 marks] 1.2 Explain the main objective and advantages of a statement of statements of cash flows. [5 marks

On January 1, 2018, David Mest Communications Granted Restricted Stock Units (RSUs) Representing 30

On January 1, 2018, David Mest Communications granted restricted stock units (RSUs) representing 30 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within three years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $15 per share on the grant date. At the date of grant, Mest anticipated that 5% of the recipients would leave the firm prior to vesting. On January 1, 2019, 4% of the RSUs are forfeited due to executive turnover. Mest chooses the option to account for forfeitures when they actually occur. Required: 1. to 3. Prepare the appropriate journal entry to record compensation expense on December 31, 2018, December 31, 2019, and December 31, 2020. (If no entry is required for a transaction/event, select “No journal entry required” in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

_______is About Two-thirds Of The Demand Side Of GDP, But It Moves Relatively Little

_______is about two-thirds of the demand side of GDP, but it moves relatively little over time. Government Consumption Investment Services

Which Is The Best Description Of GDP? The Sum Of All Currency And Coins

Which is the best description of GDP? The sum of all currency and coins in circulation The value of all final goods and services produced by a government The value of all final goods and services produced anywhere in the world by a nation’s firm The value of all final goods and services produced domestically

The Convenience Store Swam Mart, Has A Beginning Inventory Of 12 Cans Of Cat

The convenience store Swam Mart, has a beginning inventory of 12 cans of cat food at a cost of $0.85 each. During the year, the store purchased four cans at $.095, six cans at $ 1.05, seven cans at $1.35 and eight cans at $1.50. By the end of the year, 18 cans were sold. Calculate the number of cans in ending inventory, The cost of ending inventory under LIPO, FIFO weighted average

CASE 6-27 ACTIVITY-BASED COSTING, DISTORTED PRODUCT COSTS LO2 LO3 LO4 Sharp Paper Pty Ltd

CASE 6-27 ACTIVITY-BASED COSTING, DISTORTED PRODUCT COSTS LO2 LO3 LO4 Sharp Paper Pty Ltd has three paper mills, one of which is located in Perth, Western Australia. The Perth mill produces 300 different types of coated and uncoated specialty printing papers. Management was convinced that the value of the large variety of products more than offset the extra costs of the increased complexity. During 2016, the Perth mill produced 120 000 tonnes of coated paper and 80 000 tonnes of uncoated paper. Of the 200 000 tonnes produced, 180 000 were sold. Sixty products account for 80% of the tonnage sold. Thus, 240 products are classified as low-volume products. Lightweight lime hopsack in cartons (LLHC) is one of the low-volume products. LLHC is produced in rolls, converted into sheets of paper and then sold in cartons. In 2016 the cost to produce and sell one tonne of LLHC was as follows. Overhead is applied by using a two-stage process. First, overhead is allocated to the paper and finishing machines by using the direct method of allocation with carefully selected cost drivers. Second, the overhead assigned to each machine is divided by the budgeted tonnes of output. These rates are then multiplied by the number of kilograms required to produce one good tonne. In 2016, LLHC sold for $2400 per tonne, making it one of the most profitable products. A similar examination of some of the other low-volume products revealed that they also had very respectable profit margins. Unfortunately, the performance of the high-volume products was less impressive, with many showing losses or very low profit margins. This situation led Ryan Chesser to call a meeting with his marketing director, Jennifer Woodruff, and his controller, Kaylin Penn. RYAN: The above-average profitability of our low-volume specialty products and the poor profit performance of our high-volume products make me believe that we should switch our marketing emphasis to the low-volume line. Perhaps we should drop some of our high-volume products, particularly those showing a loss. JENNIFER: I’m not convinced that solution is the right one. I know our high-volume products are of high quality, and I’m convinced that we are as efficient in our production as other firms. I think that somehow our costs are not being assigned correctly. For example, the shipping and warehousing costs are assigned by dividing these costs by the total tonnes of paper sold. Yet . . . KAYLIN: Jennifer, I hate to disagree, but the $30-per-tonne charge for shipping and warehousing seems reasonable. I know that our method to assign these costs is identical to a number of other paper companies. JENNIFER: Well, that may be true, but do these other companies have the variety of products that we have? Our low-volume products require special handling and processing, but when we assign shipping and warehousing costs, we average these special costs across our entire product line. Every tonne produced in our mill passes through our mill shipping department and is either sent directly to the customer or to our distribution centre and then eventually to customers. My records indicate quite clearly that virtually all of the high-volume products are sent directly to customers, whereas most of the low-volume products are sent to the distribution centre. Now, all of the products passing through the mill shipping department should receive a share of the $2 000 000 annual shipping costs. I’m not convinced, however, that all products should receive a share of the receiving and shipping costs of the distribution centre as currently practised. RYAN: Kaylin, is this true? Does our system allocate our shipping and warehousing costs in this way? KAYLIN: Yes, I’m afraid it does. Jennifer may have a point. Perhaps we need to reevaluate our method to assign these costs to the product lines. RYAN: Jennifer, do you have any suggestions concerning how the shipping and warehousing costs should be assigned? JENNIFER: It seems reasonable to make a distinction between products that spend time in the distribution centre and those that do not. We should also distinguish between the receiving and shipping activities at the distribution centre. All incoming shipments are packed on pallets and weigh one tonne each (there are 14 cartons of paper per pallet). In 2016, the receiving department processed 56 000 tonnes of paper. Receiving employs 15 people at an annual cost of $600 000. Other receiving costs total about $500 000. I would recommend that these costs be assigned by using tonnes processed. Shipping, however, is different. There are two activities associated with shipping: picking the order from inventory and loading the paper. We employ 30 people for picking and 10 for loading, at an annual cost of $1 200 000. Other shipping costs total $1 100 000. Picking and loading are more concerned with the number of shipping items than with tonnage. That is, a shipping item may consist of two or three cartons instead of pallets. Accordingly, the shipping costs of the 6 ACTIVITY-BASED COSTING distribution centre should be assigned by using the number of items shipped. In 2016, for example, we handled 190 000 shipping items. RYAN: These suggestions have merit. Kaylin, I would like to see what effect Jennifer’s suggestions have on the per-unit assignment of shipping and warehousing for LLHC. If the effect is significant, then we will expand the analysis to include all products. KAYLIN: I’m willing to compute the effect, but I’d like to suggest one additional feature. Currently, we have a policy to carry about 25 tonnes of LLHC in inventory. Our current costing system totally ignores the cost of carrying this inventory. Since it costs us $1665 to produce each tonne of this product, we are tying up a lot of money in inventory—money that could be invested in other productive opportunities. In fact, the return lost is about 16% per year. This cost should also be assigned to the units sold. RYAN: Kaylin, this also sounds good to me. Go ahead and include the carrying cost in your computation. To help in the analysis, Kaylin gathered the following data for LLHC for 2016: REQUIRED: 1 Identify the flaws associated with the current method of assigning shipping and warehousing costs to Sharp’s products. 2 Compute the shipping and warehousing cost per tonne of LLHC sold by using the new method suggested by Jennifer and Kaylin. 3 Using the new costs computed in requirement 2, compute the profit per tonne of LLHC. Compare this with the profit per tonne computed by using the old method. Do you think that this same effect would be realised for other low-volume products? Explain. 4 Comment on Ryan’s proposal to drop some high-volume products and place more emphasis on low- volume products. Discuss the role of the accounting system in supporting this type of decision making. 5 After receiving the analysis of LLHC, Ryan decided to expand the analysis to all products. He also had Kaylin reevaluate the way in which mill overhead was assigned to products. After the restructuring was completed, Ryan took the following actions: (a) the prices of most low-volume products were increased, (b) the prices of several high-volume products were decreased, and (c) some low-volume products were dropped. Explain why his strategy changed so dramatically.

CASE 6-28 ACTIVITY-BASED PRODUCT COSTING AND Ethical Behaviour Consider The Following Conversation Between Leonard

CASE 6-28 ACTIVITY-BASED PRODUCT COSTING AND ethical behaviour Consider the following conversation between Leonard Bryner, chief executive officer and manager of a firm engaged in job manufacturing, and Charlie Davis, certified management accountant, the firm’s controller. LEONARD: Charlie, as you know, our firm has been losing market share over the past three years. We have been losing more and more bids and I don’t understand why. At first, I thought that other firms were undercutting simply to gain business, but after examining some of the 6 public financial reports, I believe that they are making a reasonable rate of return. I am beginning to believe that our costs and costing methods are at fault. CHARLIE: I can’t agree with that. We have good control over our costs. Like most firms in our industry, we use a normal job-costing system. I really don’t see any significant waste in the plant. LEONARD: After talking with some other managers at a recent industrial convention, I’m not so sure that waste by itself is the issue. They talked about activity-based management, activity- based costing and continuous improvement. They mentioned the use of something called ‘activity drivers’ to assign overhead. They claimed that these new procedures can help to produce more efficiency in manufacturing, better control of overhead and more accurate product costing. A big deal was made of eliminating activities that added no value. Maybe our bids are too high because these other firms have found ways to decrease their overhead costs and to increase the accuracy of their product costing. CHARLIE: I doubt it. For one thing, I don’t see how we can increase product costing accuracy. So many of our costs are indirect costs. Furthermore, everyone uses some measure of production activity to assign overhead costs. I imagine that what they are calling ‘activity drivers’ is just some new buzzword for measures of production volume. Fads in costing come and go. I wouldn’t worry about it. I’ll bet that our problems with decreasing sales are temporary. You might recall that we experienced a similar problem about 12 years ago—it was two years before it straightened out. REQUIRED: 1 Do you agree or disagree with Charlie Davis and the advice that he gave Leonard Bryner? Explain. 2 Was there anything wrong or unethical in the behaviour that Charlie Davis displayed? Explain your reasoning. 3 Do you think that Charlie was well informed—that he was aware of the accounting implications of ABC and that he knew what was meant by cost drivers? Should he have been well informed? Review (in Chapter 1) the first category of the Statement of Ethical Professional Practice for management accountants. Do any of these standards apply in Charlie’s case? ACTIVITY-BASED COSTING

Describe And Explain What Is CVP Analysis. Provide Examples Of How Managers May Use

Describe and explain what is CVP analysis. Provide examples of how managers may use this tool for sensitivity analysis

Background On June 1, MU Separately Entered Into A Non-exclusive Licensing Agreement With KH.

Background On June 1, MU separately entered into a non-exclusive licensing agreement with KH. The licensing agreement allows KH the right to use the MU trademarked logo on aprons and chef hats for a two-year period. MU also plans to spend $1 million during the two-year period on advertising its products with the logo. The rights and terms granted by MU to KH are similar to those granted by MU in licensing agreements with various other companies. KH paid MU a one-time fee of $12,000 on June 1at the inception of the two-year licensing period. Requirement You are asked to advise MU on how revenue related to the KH licensing agreement should be recognized during June. Suggest journal entries and disclosures, if required. Your memo should be based on current GAAP (ASC605).

Vintage Cabernet Sauvignon, Which Wholesaled For $9 Per Bottle Non-vintage Cabernet Sauvignon, Which Wholesaled

Vintage Cabernet Sauvignon, which wholesaled for $9 per bottle Non-vintage Cabernet Sauvignon, which wholesaled for $5.50 per bottle Non-vintage Merlot, which wholesaled for $2.95 per bottle . WINERY OBJECTIVES AND SPECIFICATIONS Maximize net profit. The acidity level of Cabernet Sauvignon cannot exceed 0.7 grams per 100 millilitres. The vintage Cabernet Sauvignon must not contain more than 0.2 per cent sugar. The non-vintage Cabernet Sauvignon must not contain more than 0.3 per cent sugar. The acidity level of Merlot cannot exceed 0.3 grams per 100 millilitres. All wines labeled varietal (e.g., Cabernet Sauvignon) must contain at least 75 per cent of the named grape type. All wines must contain at least a 10 per cent and no more than a 15 per cent alcohol level by volume. All vintage-dated wines must contain 95 per cent blending grapes from the year on the bottle label. All vintage-dated wines must also report the viticulture area on the label and must contain at least 85 per cent blending grapes from this area Create your model using excel • Use appropriate formulas, charts, graphs, what if analysis, solver, etc to guide you in finding an answer. • Assuming normal distribution with a standard deviation of 5. What is the probability that 1000 or more bottles won’t make it through quality assurance?

Introduction This Discussion Provides A Simulated Exercise Using Two Of The Most Popular Descriptive

Introduction This discussion provides a simulated exercise using two of the most popular descriptive statistics, mean and standard deviation. You are strongly encouraged to complete the textbook reading and start the MyStatLab Homework assignment before beginning this discussion. You need to be familiar with mean and standard deviation, their interpretation and why they are typically calculated and reported together. In this discussion, you are required to calculate and interpret reported mean and standard deviation values. In the Module 2 – Assignment: Airshow Day 1: Winner, you will be required to concisely report results obtained in this discussion. Scenario Congratulations on your promotion! You are now leading the team. After one week in your new position, your supervisor provides guidance for your new assignment, responsibility for an important and “very visible” task. In one month, your airport is hosting an airshow that allows potential future customers to observe the flying capabilities of civilian and military aircraft. Support teams are planning for over 100,000 to attend the two-day event. Your tasks are to determine and officially report the “Winner;” a very prestigious honor; highly valued in both civilian and military communities. Fortunately, your predecessor (an Embry-Riddle graduate) has provided a Microsoft Excel template: Template example for recording aircraft performance Text description of Microsoft Excel template (PDF)Preview the document Day one arrives, the weather is almost perfect, clear skies, 70o F with intermittent moderate to strong runway crosswinds (20 Knots sustained, gusts to 33 Knots). Fortunately, all flying sorties are accomplished without incident. Data were collected on each aircraft for each sortie. A value of zero (0) is the lowest possible score. Reported data have units of standard deviations. Higher overall scores are better; smaller aircraft (column) standard deviations are also better. Data your team collected are reported in the Airshow – US Military Aircraft Performance chart. Data collected for aircraft performance Text description of Day 1 Data (PDF)Preview the document Complete In Microsoft Excel, complete the “Airshow – US Military Aircraft Performance” table by adding calculated column and row values for mean and standard deviation; report your values to two decimal places (i.e., 0.12). Remember, the focus of this discussion is understanding and interpreting two descriptive statistics, mean and standard deviation. Save your work as a file to your computer and then read the Canvas instructions on How do I embed an image in a discussion reply as a student? (Links to an external site.) Post

A Farmer Has 1000 Acre Of Land On Which He Can Grow Corn, Wheat

A farmer has 1000 acre of land on which he can grow corn, wheat and soyabeans. Each acre of corn cost Rs. 100 for preparation, requires 7 man days of work and yields a profit of Rs. 30. An acre of wheat cost Rs. 120 for preparation, requires 10 man days of work and yields a profit of Rs. 40. An acre of soyabeans cost Rs. 70 to prepare, requires 8 man days of work and yields a profit of Rs, 200. If the farmer has Rs. 1, 00,000 for preparation and count on 8000man days of work, how many acres should be allocated to each crop to maximise profit. (Use Simplex Method) Discuss the profitability of different alternatives.

Problem 32 Worth (10) Points. Complete The Master Production Schedule Based On The Following

Looking for help on this, showing the codes for each box, please and thank you!

Q23 Why Do Professional Associations Have A Code Of Ethics? Q26 What Is ‘whistle

Q23 Why do professional associations have a code of ethics? Q26 What is ‘whistle blowing’? Q34 Outline the disciplinary procedures of an Australian professional accounting body. In your opinion, which section is superior to others? Q36 Why is unethical conduct undesirable?

ASSIGNMENT MBA 2 Discuss The Ontological And Epistemological Assumptions Of Positivist, Interpretivist And Critical

ASSIGNMENT MBA 2 Discuss the ontological and epistemological assumptions of positivist, interpretivist and critical research paradigms. How does each paradigm inform the purpose and process of research? Requirements Typed assignment of not more than 4000 words Arial font size 12, one and half spacing Evidence of wide reading, interpretation of sources and referencing Use sources not older than 2010. Date Due – 6 September 2019 ASSIGNMENT ASSESSMENT RUBRIC Discuss the ontological and epistemological assumptions of positivist, interpretivist and critical research paradigms. Evaluate how each paradigm informs the purpose and process of business research? (100 marks) Length – •       Typed assignment of not more than 4000 words, Arial font size 12, one and half spacing MARKING RUBRIC ASPECT OF THE ESSAY EXPECTATIONS/REQUIREMENTS MARK ALLOCATION MARK AWARDED Introduction and definition of research paradigm Brief Introduction, showing focus of the question and how it will be answered. 2 Ontological assumptions of positivist paradigm At least three critically discussed ontological assumptions of positivism, with relevant examples. 10 Epistemological assumptions of positivist paradigm At least three critically discussed epistemological assumptions of positivism, with relevant examples. 10 Ontological assumptions of interpretivist paradigm At least three critically discussed ontological assumptions of interpretivism, with relevant examples 10 Epistemological assumptions of interpretivist paradigm At least three critically discussed epistemological assumptions of interpretivism, with relevant examples 10 Ontological assumptions of critical paradigm At least three critically discussed ontological assumptions of critical paradigm with relevant examples 10 Epistemological assumptions of critical paradigm At least three critically discussed epistemological assumptions of critical paradigm with relevant examples 10 Influence of positivist paradigm of research purpose and process At least two well-developed points, with relevant examples on positivist influence on the purpose of research. At least two well-developed points with relevant examples on positivist influence on the research process. 10 Influence of interpretivist paradigm of research purpose and process At least two well-developed points, with relevant examples on interpretivist influence on the purpose of research. At least two well-developed points with relevant examples on interpretivist influence on the research process. 10 Influence of critical paradigm of research purpose and process At least two well-developed points, with relevant examples on critical paradigm influence on the purpose of research. At least two well-developed points with relevant examples on critical paradigm influence on the research process. 10 Use of current sources Sources utilised in literature survey are very current – not older than 2010. 2 Writing style General writing style in terms of flow of argument, grammatical construction and typing. 2 Referencing Consistency in the use of the APA or Harvard referencing system for both in–text referencing as well as compilation of the reference list. 2 Conclusion 2

Madison Company Earned Net Income Of 75000 During The Year Ended December 31,

Madison Company earned net income of 75000 during the year ended December 31, 2016. on December 20, Madison declared the annual cash dividend on its 8% preferred stock (par value, 150,000) and a 0.50 per share cash divided on its common stock (45000 shares). Madison then paid the dividends on January 10, 2017. Prepare the journal entries to record the declaration and the distribution of the dividends.

If Both Favorable And Unfavorable Variances​ Exist, The Variances Are Subtracted From Each Other.

If both favorable and unfavorable variances​ exist, the variances are subtracted from each other. The variance is determined to be favorable or unfavorable based on which one is the larger amount. True False

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