Weygandt's Accounting Principles introduces challenging accounting concepts with examples that are familiar to accountants. The new edition has been updated with the latest IFRS/IASB standards. Additional coverage is included on foreign currency translation and LCM. More discussions focus on risk management as a result of the financial crisis. The examples also emphasize current examples in order to help accountants make the connection to their everyday lives.But allocating overhead costs to specific products presents problems. ... Since Nissan required only 28.46 labor hours per vehicle, it saves about $300 to $450 in labor costs to build a car relative to Ford, the least-efficient ... Chrysler says that much of its improvement in labor productivity has come from designing cars that are easier to build. ... Source: Rick Popely, aJapanese Automakers Lead Big Three in Productivity Review, a Knight Ridder Tribune News Service (June 1, 2006), p.
|Author||:||Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso|
|Publisher||:||John Wiley & Sons - 2010-12-20|