Managerial accounting?
Question:
The Joshua Company has gather the following information
Sales $124,000
Direct material used $25,800
Direct Labour 15,200
Fixed:
Factory overhead 12,400
Selling expences 4,200
Adminstrative expenses 8,600
Variable:
Factory overhead 6,600
Selling expenses 8,800
Adminstrative expenses 4,600
There be no beginning or end inventories.Calculate the following
a. contribution margin
b. gross side-line
c.total product cost
d.total period cost
Answers:
a. Contribution edge = Revenues - COGS - Variable expenses
So CM = 124k - (25.8k + 15.2k + 12.4 + 6.6k) - 8.8k - 4.6k = 50.6k
b. Gross profit = Net sales - COGS
So GP = 124k - (25.8k + 15.2k + 12.4 + 6.6k) = 64k
Gross edge is expressed as Gross Profit as a % of net sale. So GM = 64/124*100 = 0.52%
We use the term "nonmanufacturing overhead costs" or "nonmanufacturing costs" to be set to the Selling, Administrative & General (SG&A) expenses and Interest Expense. Under generally official accounting principles (GAAP), these expenses are not product costs. (Product costs only include direct substance, direct labor, and manufacturing overhead.) Nonmanufacturing costs are reported on a company’s income statement as expenses surrounded by the accounting period surrounded by which they are incurred. Expressed another way, nonmanufacturing costs are not allocated to products via overhead rates since they are not included contained by the amounts reported as inventory on the balance sheet or within the cost of goods sold to be precise reported on the income statement.
The terms product and time of year as well as direct and indirect derive from the world of business. The goal is to produce an income statement that have a cost of goods sold, consisting of adjectives product costs, segregated from selling, administrative and financial expenses, making up adjectives the period costs. As a common rule, all trade costs are product costs i.e., all costs incurred inside the factory are product costs. This includes the labor of adjectives factory employees, including the Vice-President of
Manufacturing; adjectives the materials and supplies that are used; the cost of trucking materials to the factory; insurance, light, rent and so on for the factory. It also includes things resembling cafeteria costs in the factory and the salary of managerial accountants employed surrounded by the factory. All costs that are incurred in the business but outside the walls of the factory are time of year costs. The salaries of financial accountants, for instance, are interval costs and part of administrative expenses.
c. Product costs = direct substance, direct labor, and manufacturing overhead
So product costs = 25.8 +15.2 +12.4 +6.6 = 60k. It so happen that product costs = COGS cos there are no initial or closing inventory, otherwise they would not be the same.
d. Period costs are S,G & A expenses
So extent costs = 4.2k + 8.6k +8.8k +4.6k = 26.2k
How to use beta and volatility of stock contained by the investment strategy?
Question:
how to use beta and volatility of stock in the investment strategy? these must be adjectives data, but not often anyone use them or talk in the region of them.
Answers:
I use beta and volatility (standard deviation) all the time.
Under Modern Portfolio Theory (MPT), investments are a trade stale between returns and risks. You'll want 5% for risk-free money market rate, but you should constraint higher rates for something specifically not as certain. For any given amount of risk (defined as their prospective volatility), investors would intrinsically want the highest return. Conversely, investors should endorse on any investment with a lower return and an similar risk. A upward sloping line that connected adjectives these "best" opportunities of investments creates the "Capital Efficiency Frontier"*.
When I invest, I am doing more than basically simple ratios of returns. I am mentally doing the math of the "Sharpe Ratio" (i.e. returns per standard deviation). I want to build sure that for the amount of risk that I am taking in my portfolio, I am maximize my returns. I also want to do mental math on what potential returns are. For example, if I am expecting the market to rise by 10% over the subsequent 12 months and I have a 1.5 beta stock, I have better demand better than 15% returns as otherwise I am taking an extra partially helping of market risk and not taking "alpha", which is returns above the Efficiency Frontier. Also, I want to pick low R-squared stocks and next minimize the cross-correlation of the stocks - this means I can hold very low marketplace risk, minimize my company risk through diversification and have highly high returns.
As a result, I returned more than 80.0% on my 2006 returns near very low volatility. Beat that if you can.
* - okay, I simplified this, but hey, this is simply Y!Answers. Take several years of this to get the full story by getting your CFA charter.
What is the prospect of IT shares surrounded by in the neighbourhood lingo?
Question:
as we know rupee is appreciating day to hours of daylight,the earnings front of it sector is past it gradually. is contained by near lingo there is any positive sign?
Answers:
As dollar rate is falling subsequent couple of months IT shares rate may come down
Is depend on country economics development if the financial look better and the activation enhance person who will inverst their wealth in IT will increased.
Rupee appreciation creats the buying oppertunity contained by IT stocks.
...+ve for long term buyers singular.
may not be good for short permanent status, but dont ignore it shares. the adjectives is very bright
Two IT stocks worth looking at:
APTECH and NIIIT
http://sagecapital.wordpress.com/...
I am sure IT sector would bounce hindmost.The rupee appreciation may not continue for too long and may touch support to the level of Rs 42- Rs 43/dollar will come up in the subsequent three to six months.Hence at this point of time buying into IT companies is a good contrarian investment strategy. Buy into two or three frontline IT co's and one or two mid sunhat co's
SIMPLE RULE TO BECOME RICH BUY WHEN ALL ARE SELLING AND SELL WHEN ALL ARE BUYING.
BUY GOOD IT SHARES NOW. BE PATIENCE.
The 7 % appreciation of the Ruppee in Q8 should hold on to the focus by which the players can offset the impact on the 1Q08 margins and FY 08 guidance. The results of Infy, Tcs and Satyam should be a pointer contained by the medium occupancy direction.
1. Robust growth in volumes and hygienic realisation gains are expected. Healthy realisations within from 2-3% hikes in MSA renewals and tentative clients added at 5-7% higher pricing than final few quarters.
2. Costs and operation management to relief dilute currency appreciation.
INFY buy target price 2350
TCS buy target price 1420
Wipro buy target price 614
Satyam buy target price 525
HCL tech buy target price 355
Patni com Hold target price 425
KPIT cumm Hold Target Price 148
Tech Mahindra Sell Target Price 1 420
,
Stock broker serve asap?
Question:
ok im 12yrs old and please lift me seriously i want to become a stock broker and i really dont know what to study or jump sour to start off,im going to be surrounded by the 7th grade and i enjoy troubles in my grades so i lately want to know were to start rotten at and what to study and please .please take me really serious im really open mind and im looking forward to great answers
Answers:
(third time you've asked this question):
Glad you are planning your career/future!
For now, you are infantile. Study study study! Learn about math, science, adjectives the subjects that you are being qualified. If necessary, ask for assist, from your parents, or your teachers.
Then, when you are contained by high university, and you are doing well, try to appropriate advanced courses and get into a pious college. A Masters in Business Administration (MBA) is a possibility after that.
In the meantime, verbs to study. Also, if you have supportive parents, perchance your parents can open a stock brokerage reason. And you and your parents can study stocks together. Look at what you know. Do you like games? Then conceivably you can research Gamestop (GME). Do you like Mcdonalds? Maybe you can invest within MCD. You'll see how your total amount goes up and down. You'll swot how buying more Big Macs helps McDonald's out.
One book you can start reading is Investing For Dummies by Eric Tyson.
Of course, have your parents help you out would create it even better.
you can also try watching CNBC show "Mad Money" hosted by former hedge fund administrator Jim Cramer. he may seem approaching he's a madman, but in trueness, in his years as a put off fund manager, he have done very all right. he appeals to Generation Y and you won't get bored.
Good luck near your studies and your career!
ACCOUNTING!
Tell me give or take a few ncfm. how is the oppertunities on ncfm.?
Question:
nse's certification within financial market
Answers:
Here are some oppurtunities of ncfm:
http://www.ncfm.org/links.php
NSE's Certification surrounded by Financial Markets is a nationally recognised documents which is mandatory for various professionals contained by capital market in India. Individuals aspiring to enter the financial services industry surrounded by India have better prospects if they first grasp the NCFM certification.
NCFM is an online trialling system, a revolutionary concept in command of examinations and the only one of its big-hearted. It tests the practical awareness and skills required to operate in the financial market in a safe and sound and unbiased posture and awards certificates base on relative merits thus ensuring that the calibre of individuals entering this field is kept dignified in the best interests of a fully developed and vibrant market.
* It have been specified by SEBI that adjectives brokers/dealers and sales those in the derivatives open market
* In order to add to the level of understanding of market participant
What is the definition of a generic month within Bloomberg?
Question:
Answers:
The answer to this is somewhat complicated.
If you are referring to Generic 1 Mo., 3 Mo. and 6 Mo. Treasury Bills, referenced by the Bloomberg symbols of GB1, GB3 and GB6 (all with the Govt code), next the answer is that those Generic bills actually insinuation specific bills. For example, the 1 Mo. Generic Bill refernces the current 8/2/07 bill. The 3 Mo. GB references the 10/11/07 bill. The 6 Mo. GB reference the 1/10/08 bill.
Bloomberg stores the data for its Generic bond series as they transpire. Thus, you can ask for a graph of the Generic 6 Mo. bill weekly for the past 5 years. The information returned will reference the actual verbs from each week using that week's Generic 6 Mo. bill.
Let me know if near is something more specific you want or if you need to clarify what you are seeking.
Tell me a approach you "know" IS "possible" to do double money pls.!!?
Question:
I can name several ways myself.
#1 Buy a used car- detail it and flog it for double price +costs.
#2 Buy some property and improve it and resell after time.
#3 Lend it & loaf for return plus fees & interest a few times.
#4 Gamble and take your likelihood on winning double.
#5 Buy products and resell for multiple times profit minus rates.\
#6 Invest in a growth stock or mutual funds.
#7 Patent a desirable product orinvention and provide the rights.
#8 Advertise for your service, product or info and make sale.
#9 Buy raw environment and develop it after getting short plat done.
#10 Create the next hot website and trade it for mucho dineiro.
Answers:
11. Start a business that does well.
12. Get a fitting job, and build it up to amazingly worthy levels.
13. Find treasure. (yes, in attendance are real companies that look for shipwrecks and salvage anything is there).
14. Inherit money
15. Criminal activity (but I OBVIOUSLY DO NOT SUPPORT THIS ACTIVITY!)
16. Borrow money from Japan (at a drastically very low interest rate), and use that money to invest.
17. Be a professional player (chess, poker, athlete)
18. Be notable, and get lots of selling deals
19. Create a product that citizens really want.
20. Get people to donate money to you.
1: are u broke?
2: of adjectives the "mucho dinero" ideas u hold, is there any one u specialize surrounded by?
21 Trade forex
Indian Trends?
Question:
I'm interested in study more about India and Indian trends (may affect my investment):
1. Are Indians saver or spenders?
2. Do you know how fast India's GDP is growing?
3. How several cars does an average Indian own?
4. What's the approximate interest rate in a hill?
5. How many Indians own a home? Is it still affordable?
6. What do you cogitate of:
TTM -- Tata Motors
SAY -- Satyam
INFY -- InfoSys
IBN -- ICICI Bank
7. Is the middle class growing?
8. How many ethnic group have cell phones?
9. How frequent people enjoy DSL or Cable modem?
10. Are internet cafes popular?
11. Is within a lot of traffic contained by India?
12. Is there abundantly of pollution?
13. Do people primer on cell phones (SMS) or use their voice?
14. What are the major trends surrounded by India right now?
15. Are workers disappearing India in full-size numbers?
16. How popular is McDonald's or other American Fast Foods?
17. What kind of foods are popular?
Any relief is appreciated.
Answers:
1. Are Indians savers or spenders?
It depends upon how the creature is earning.if he is earn more than his EXPECTATION, then he will splurge too much...
otherwise, if he is earn the hard route, same way he spends.
Generally, citizens are savers here, they release more to invest in ways to produce more money.
2. Do you know how promptly India's GDP is growing?
check here http://en.wikipedia.org/wiki/india...
3. How many cars does an average Indian own?
There is HUGE difference within equality. More than 90% don't have a motor at all.
4. What's the approximate interest rate surrounded by a bank?
In a reserves account, its around 8%.
5. How tons Indians own a home? Is it still affordable?
Number of people owning a home is increasing, but the TRUE estate prices are considered high. In metro cities, the prices are considered a BOMB, but still ancestors are buying, as i said, there is a untold difference in equality.
6. What do you chew over of:
TTM -- Tata Motors
SAY -- Satyam
INFY -- InfoSys
IBN -- ICICI Bank
They are top companies in their sector, they are market leaders contained by india with an excellent regulation.
7. Is the middle class growing?
VERY MUCH! A common middle class creature has a cellphone, watches Movies contained by malls, eats surrounded by Dominoes, buys international brand garments often, wear a swiss watch, have a computer etc. etc.
8. How many associates have cell phones?
Even beggars ;-)
9. How oodles people enjoy DSL or Cable modem?
Not sure. But less than 1%.
10. Are internet caf¨¦ popular?
They used to be, but now cos of government's strict rules over some issues, their is intensely less income departed to owners. The internet cafe people are very soon more interested in group gaming.
11. Is in that a lot of traffic surrounded by India?
Only in Metros. But throughout india, the road infrastructure SUX!!
12. Is here a lot of pollution?
Only contained by Metro cities.
13. Do people manuscript on cell phones (SMS) or use their voice?
Most people SMS :D
14. What are the main trends in India right very soon?
I think everything is booming. IT sector, public services, Electronics Media, BPO's etc are on top.
15. Are workers departure India in sizeable numbers?
No, not sure. The ones who have be out want to come back, but population who have never be out, become highly excited more or less going out.
16. How popular is McDonald's or other American Fast Foods?
Very Very Famous. Anything which has rocked the west desires no publicity or hype to make them a nouns in india.
17. What helpful of foods are popular?
People just love to experiment. Everything is welcome. Mostly pizzas, chinese food etc.
answeer to question no 5: if u want to know the answer of this examine please take within to consideration the indian culture
everybody dreams of one of his home his ideal home !
it is a entry of pride and respect to construct or purchase his dream house
depending upon what is his financial capacity and where on earth he is living
every indian feels it is his dutry to offer this house to his son/s so his sons etc are comfortable and live nicely the course he spent his life !
the house is a great ardent attachment to him and his family and he not often leaves that place or sells unless he is surrounded by great trouble.
if the son sells that house it is shame !
u can voice it is deep rooted desire of every indian to enjoy his own house and he will do all possible things to hold it!
he dreams the house there for hundred years and his children and noble children living and thanking him for what he did contained by his life time !
it give great mental satisfaction and he feel one of his very big duty is carried out by him and is other proud of it
now as the bank and other institutions r givning easy loan for the dream house tons peopel r taking advantage of that
it is my estimate that atleast 40% nation do have their own home or r contained by process of getting the same
we can consider the up side % as 55%
the income have gone up very swiftly in later 10/15 years and surely more r in flash to have their dream come true!
remeber indian population is one billion + and the race r from all different standerds
Who to recognise the indisputable diamond & how desides the cost pro?
Question:
Answers:
The simplest method is to scratch a piece of chalice. A real diamond will cut into the cup with reduce. Secondly, without using a professional jeweller's magnfying chalice, you will need to hold up to a strong desk light and look for a brilliant sparkle with an intensity underprovided in other stones.
How do traders find out word roughly companies?
Question:
On the London Stock Exchange (or any stock exchange for that matter) how do traders find out the news of a abiding company (i.e. it's chief exec has stepped down.) Is nearby a giant screen or something that it comes up on first?
Answers:
News releases
thestreet.com
business week online
murmur reports
IBD
WSJ
thekirkreport.com
realmoney.com
motley fool hidden gems
...
When you are trading stocks you are usually using a live streamer to go and get live information including bid and ask price, and time and sales. So speak AAPL has communication..if you are viewing that stock (among others) on your streamer, you will usually see either some sort of pop up or something along your streamer that is to say showing all the word for the company's you are viewing. Just look around on your streamer. You should see something on the lower bar of a skylight.
What's near the stock markey today?
Question:
Analysts are basically full of beans, because adjectives of the so-called "negative factors" that are supposedly crashing the bazaar today were simply as present last week.
Answers:
Many investors are mutual funds, evade funds, & Govrnment retirement funds, that hire top advisors to manage their portfolios of stocks & investments.
They adjectives have stop loss programs enter into their investment portfolios. When certain stocks decline, for any number of reason, other stocks may have to be sold past its sell-by date to meet "Margin" requirements.
Hence, we attain many investments of adjectives types in a batty sell sour pattern, that may or may not keep on until things calm down.
Unfortunately, investors also use the "Herd" mentality where on earth they all rush for the door out at once, back it closes.
Here is a story that could be related:
http://allafrica.com/stories/20070726088...
******************************...
Analysts basically label up things and it all depends on their interpretation of the factor. I would ignore these type of populace and find out your own information.
CBOE Volitility was up to 24. Thats what happen I hate it when It get above 13. The last time it tanked feb 27th the CBOE be at 19. So when ever the CBOE is on the rise above 13-15 get out.
If you're chitchat about the housing open market, you're right. The housing or real estate souk reached it's top 2 years ago so it's be sliding down for the past 2 years. It be hard for me to believe Tuesday's DOW drop be because of the housing market. If it be, then some investors be playing very risky and after they suddenly decided to drop out. My guess would enjoy been rising interest rates within other countries that caused the DOW to drop along near other indexes.
The stock exchanges are an auction system. It's all psycology.
Stocks are worth what folks think they worth. Alot of relations changed their mind today.
OVER ANALYZING!!
They are "worried" about the price of grease, failed company mergers, low 2Q sale reports from large retailers, and most importantly the adjectives mighty sub-prime mortgages! Their primary "worry" is that credit payments are spreading beyond the sub-prime market...
Basically some jackass broker open his mouth about some stupid thought on his mind and they adjectives start throwin' back a bottle of Xanax! They want to get rid of these guys and agree to in some guys near some real ball for a change!!
I'm sick of everyone gap their mouth because all it does is panic the entire country into believing something that isn't true...
Here's the facts people:
1) GAS IS GOING UP - gain used to it, get organized for it, don't stress out about it!! There is certainly nothing we can do - be indebted we aren't paying $8/gal like they are contained by Europe!!
2) ATTENTION PEOPLE in the sub-prime bazaar, put on a pair of pant and grow up, own up to your responsibilities and pay your F*%$!ing bills!
3) Just because a company reports a lower earn for the 2Q doesn't mean they're doing impossible necessarily - the street just assumes the marketplace is down without thinking "hey, a moment ago maybe our cutback is up and people are buying at nicer stores or spending their money elsewhere"...
If I be you I'd invest every penny I own in the marketplace TODAY before the flea market closes! This is what's called a open market correction. Every so often we hold a nice run-up, then we lose 1/2 of what we made surrounded by a single day... make a contribution it 2-3 days and we'll be right back to where on earth we were :))
I live within South Africa and I want to buy shares contained by one of the NYSE tabled companies, where on earth do I start?
Question:
And how do I go something like doing that? I currently buy and sell shares online using online stockbrokers.
Answers:
So in recent times buy the shares. Any major stock broker have international offices or affiliates who can imbue foreign orders. If yours doesn't, coppers brokers. Some software might require that you put ".N" after the symbol. Your broker might have added disclosure paperwork for you to sign before you can do this surrounded by your account. Call them.
Does anyone know what company/organisation I can invest surrounded by and get hold of a monthly return, beside my income intact?
Question:
Answers:
Investment measn you are giving money to a company. If the company does badly and the share price falls, you will lose money. There is no such article as a guaranteed investment else we'd all be doing it.
If you want deposit, yuo are better off putting the moeny into a high-interest funds account.
Halifax,HBOS, enjoy a monthly system. The inerest is not quite as perfect as for annual payments. Probably will go up a bit in a minute with the sandbank rate rise.
Government investments always
I would try the edge of Ireland. Or call Investments Isle of man
Is nearby a benefit to have a financial planner pedal your investments?
Question:
I have hear that you can often avoid the standard fees/loads associated next to institutional mutual funds if you go through a financial advisor/planner. Is this commonly true, or is it the exception? Also, are there any other ways to avoid those fees/loads? I am trying to establish if it is worth having my financial planner attain 1% of my assets even though I am perfectly adept at doing the research and picking funds/stocks myself.
Answers:
You are trying to hold your cake and eat it. Eiether do it yourself or remuneration somebody to do it.
If you are confident in your own ability then by adjectives means do the research your self. Personally I prefer to do my own research as I trust my judgement to someone Else's.
If you want more information you are treatment to go to my website at http://asxnewbie.com where on earth you will find a wealth of culture to help you on your trading choices.
What you call for to do is reallly find out what your financial planner has done and what his goal are as well. Find out his/her track journal and go from within. Financial planner generally will enjoy a much better understanding of adjectives information in nouns including things like the stock bazaar, housing, economy, interest rates and so on. It's vital that your financial planner also understands your interests and your goal. Those are just a couple things to catch you started. Good luck!
Which adjectives books are available for reading stock-markets ??
Question:
I wish to invest contained by the stock markets but im trusting. Plz help...
Answers:
The best books are timetabled here on the front page:
http://finance.groups.yahoo.com/group/tr...
What you want is stocks that are going up - regardless of whether they are Indian, Chinese, or Nigerian. We have a few Indian member trading exclusively US listed stocks.
Hi Sam.
Any fitting bookshop will have a clause on the sharemarket. Two good Authors that I reccomend are Daryl Guppy and Louise Bedford . Both of these hold basic books available which will head you on the path to investing nouns.
The price range go from $15 to around the $50 mark.
Alternatively you are reaction to go to http://asxnewbie.com
wherre you will find seriously of basic information you can download for free.
There greatly of books available about investing is the stock open market. alibris.com is a good place to find cheap books. Go to that site and type surrounded by stock market investing into the dig out box and it will pull up a roll of books. There is a site for the beginning investor that will back you learn how to invest contained by the stock market. All of their information is free. www.financial-realities101.com...
http://www.invest-for-retirement.com...