ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

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ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

Read Ch. 9Ex 9-6,

PA 9-2, S 9-1

(Net) Book Value or Carrying Value – Asset (cost)Less: Accumulated Depreciation

PP&E recorded at (Historical) Cost orExchange Price (principle)Expenditures Reasonable AND NecessaryTo acquire the asset AND place it in use

Depreciation – the process of allocating (spreading) the depreciable base/cost of a long term tangible asset over the periods it is being used to earn revenue

Straight line method Spreads the depreciable base equally over time Depreciable Base – Cost less Estimated Salvage Value (Residual)Divided by estimated useful life expense in years

Accelerated method GOAL – to record the most depreciation expense in the first year, and progressively less each following year

Double declining balance (book value)Book value * 2/(useful life) = annual depreciation expense

Your book value may never be less than your salvage value

ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

ACCT 140-45 FINANCIAL ACCOUNTING School: Champlain College * Documents (25) Q&A (4) Textbook Exercises (20+) FINANCIAL ACCOUNTING Documents All (25) Assessments Assignments Essays Homework Help (8) Lab

Reports Lecture Slides Lesson Plans Notes (15) Syllabi Test Prep (1) Showing 1 to 25 of 25 Sort by: Most Popular 2 pagesNotes # 6 [9-22-2016]Notes # 6 [9-22-2016] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes # 6 [9-22-2016] 1 pagesproblem 6-26Aproblem 6-26A Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Fall 2019 Register Now problem 6-26A 1 pagesProblem 5-21AProblem 5-21A Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Fall 2019 Register Now Problem 5-21A 2 pagesProblem 3-21ABlankProblem 3-21ABlank Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Fall 2019 Register Now Problem 3-21ABlank 2 pagesProblem 3-17AProblem 3-17A Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Fall 2019 Register Now Problem 3-17A 1 pagesProblem 3-19AProblem 3-19A Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Fall 2019 Register Now Problem 3-19A 1 pagesProblem 9-23 AProblem 9-23 A Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Fall 2019 Register Now Problem 9-23 A 1 pagesProblem 2-17AProblem 2-17A Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

ACCT 140-45 – Fall 2019 Register Now Problem 2-17A 2 pagesProblem 4-25AProblem 4-25A Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Fall 2019 Register Now Problem 4-25A 7 pagesMinicase 2.xlsxMinicase 2.xlsx Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Fall 2019 Register Now Minicase 2.xlsx 3 pagesWeek 1 notes.docWeek 1 notes.doc Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Summer 2019 Register Now Week 1 notes.doc 1 pagescheat sheet 2.docxcheat sheet 2.docx Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now cheat sheet 2.docx 3 pagesnotes.docxnotes.docx Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now notes.docx 2 pagesNotes # 2 [9-8-16]Notes # 2 [9-8-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes # 2 [9-8-16] 2 pagesNotes # 3 [9-12-16]Notes # 3 [9-12-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes # 3 [9-12-16] 2 pagesNotes # 7 [9-26-16]Notes # 7 [9-26-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes # 7 [9-26-16] 2 pagesNotes # 5 [9-19-16]Notes # 5 [9-19-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

ACCT 140-45 – Spring 2017 Register Now Notes # 5 [9-19-16] 2 pagesNotes #14 [10-27-16]Notes #14 [10-27-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes #14 [10-27-16] 2 pagesNotes #18 [11-14-16]Notes #18 [11-14-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes #18 [11-14-16] 1 pagesNotes #16 [11-7-16]Notes #16 [11-7-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes #16 [11-7-16] 2 pagesNotes # 19 [11-17-16]Notes # 19 [11-17-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes # 19 [11-17-16] 1 pagesNotes #12 [10-20-16]Notes #12 [10-20-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes #12 [10-20-16] 1 pagesNotes # 1 [9-5-16]Notes # 1 [9-5-16] Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes # 1 [9-5-16] 17 pagesAlberto’s Financial Accounting NotesAlberto’s Financial Accounting Notes Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Alberto’s Financial Accounting Notes 10 pagesNotes B&E MNotes B&E M Champlain College FINANCIAL ACCOUNTING

ACCT 140-45 – Spring 2017 Register Now Notes B&E M Textbook Exercises Managerial Accounting image Managerial Accounting Ch 1, Section WRMAP What Role Do Management Accountants Play?, Exercise 01Managerial accounting focuses on the internal activities of an organization and starts from…

ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

Managerial Accounting Ch 2, Section HDCDC How Do Companies Define Cost?, Exercise 02Period costs are those costs which do not contribute directly to the production of goods.Managerial Accounting Ch 3, Section HDMDJ How

Do Manufacturers Determine a Job’s Cost?, Exercise 01Managerial accounting enables the managers to take reliable decisions by interpreting the…Managerial Accounting Ch 4, Section WHCRA Why and How Do Companies Refine Their Cost Allocation Systems?,

Exercise 01Compute the MOH as per plantwide overhead rate by multiplying the plant wide overhead rate by…Managerial Accounting Ch 5, Section EoC End of Chapter, Exercise 1Process costing is a method of dividing a process into small stages where value addition happens at…

Managerial Accounting Ch 6, Section EoC End of Chapter, Exercise 1Cost behavior refers to a change in the cost due to a change in the volume of production.Managerial Accounting Ch 7, Section WSCIR What Are Some Common Indicators of Risk?, Exercise 05

The operating cost will be lower under the offered situation when compared to the current cost. The…Managerial Accounting Ch 8, Section HDMPD How Do Managers Make Pricing and Special Order Decisions?, Exercise 01Calculate the total capacity by dividing the current level of production by the current capacity.

ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

Managerial Accounting Ch 9, Section EoC End of Chapter, Exercise 1A budget is a statement that shows estimated income and expenses for a future period.Managerial Accounting FINANCIAL ACCOUNTING Tests Questions & Answers Showing 1 to 4 of 4 View all please show work 1 2 3 4 5

Use the following information to determine the break-even point in sales dollars: Unit sales 47,600 units Dollar sales $476,000 Fixed costs $201,000 Variable 1 2 3 4 5 Locus Company has total fixed costs of $115,000. Its product sells for $43 per unit and variable costs amount to $23 per unit.

Next year Locus Company wishes 1 2 3 4 5 Please see an attachment for details 1 2 3 4 5 Back to Department Related Courses ACCT 230 – Intermediate Accounting (108 Documents)ACCT 311 – (37 Documents)ACCT 350 – (31 Documents)ACCT 310-81 – Federal Taxation (24 Documents)

ACCT 231 – 231 (14 Documents)ACCT -231 – (7 Documents)ACCT 420 – Audting (5 Documents)ACCT 240 – mGMNT 240 (5 Documents)ACCT 310 – 310 (4 Documents)ACCT -280-45A – Forensic Accounting (3 Documents)

ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

Managerial Accounting Ch 2, Section HDCDC How Do Companies Define Cost?, Exercise 02Period costs are those costs which do not contribute directly to the production of goods.Managerial Accounting Ch 3, Section HDMDJ How

Do Manufacturers Determine a Job’s Cost?, Exercise 01Managerial accounting enables the managers to take reliable decisions by interpreting the…Managerial Accounting Ch 4, Section WHCRA Why and How Do Companies Refine Their Cost Allocation Systems?,

Exercise 01Compute the MOH as per plantwide overhead rate by multiplying the plant wide overhead rate by…Managerial Accounting Ch 5, Section EoC End of Chapter, Exercise 1Process costing is a method of dividing a process into small stages where value addition happens at…

Managerial Accounting Ch 6, Section EoC End of Chapter, Exercise 1Cost behavior refers to a change in the cost due to a change in the volume of production.Managerial Accounting Ch 7, Section WSCIR What Are Some Common Indicators of Risk?, Exercise 05

The operating cost will be lower under the offered situation when compared to the current cost. The…Managerial Accounting Ch 8, Section HDMPD How Do Managers Make Pricing and Special Order Decisions?, Exercise 01Calculate the total capacity by dividing the current level of production by the current capacity.

ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

Managerial Accounting Ch 9, Section EoC End of Chapter, Exercise 1A budget is a statement that shows estimated income and expenses for a future period.Managerial Accounting FINANCIAL ACCOUNTING Tests Questions & Answers Showing 1 to 4 of 4 View all please show work 1 2 3 4 5

Use the following information to determine the break-even point in sales dollars: Unit sales 47,600 units Dollar sales $476,000 Fixed costs $201,000 Variable 1 2 3 4 5 Locus Company has total fixed costs of $115,000. Its product sells for $43 per unit and variable costs amount to $23 per unit.

Next year Locus Company wishes 1 2 3 4 5 Please see an attachment for details 1 2 3 4 5 Back to Department Related Courses ACCT 230 – Intermediate Accounting (108 Documents)ACCT 311 – (37 Documents)ACCT 350 – (31 Documents)ACCT 310-81 – Federal Taxation (24 Documents)

ACCT 231 – 231 (14 Documents)ACCT -231 – (7 Documents)ACCT 420 – Audting (5 Documents)ACCT 240 – mGMNT 240 (5 Documents)ACCT 310 – 310 (4 Documents)ACCT -280-45A – Forensic Accounting (3 Documents)

ACCT 140-45 ACCT140-45 ACCT/140-45 Notes #14 [10-27-16] – Read Ch 9 Ex 9-6

Managerial Accounting Ch 9, Section EoC End of Chapter, Exercise 1A budget is a statement that shows estimated income and expenses for a future period.Managerial Accounting FINANCIAL ACCOUNTING Tests Questions & Answers Showing 1 to 4 of 4 View all please show work 1 2 3 4 5

Use the following information to determine the break-even point in sales dollars: Unit sales 47,600 units Dollar sales $476,000 Fixed costs $201,000 Variable 1 2 3 4 5 Locus Company has total fixed costs of $115,000. Its product sells for $43 per unit and variable costs amount to $23 per unit.

Next year Locus Company wishes 1 2 3 4 5 Please see an attachment for details 1 2 3 4 5 Back to Department Related Courses ACCT 230 – Intermediate Accounting (108 Documents)ACCT 311 – (37 Documents)ACCT 350 – (31 Documents)ACCT 310-81 – Federal Taxation (24 Documents)

ACCT 231 – 231 (14 Documents)ACCT -231 – (7 Documents)ACCT 420 – Audting (5 Documents)ACCT 240 – mGMNT 240 (5 Documents)ACCT 310 – 310 (4 Documents)ACCT -280-45A – Forensic Accounting (3 Documents)