Flashpoint's review book was written with one goal in mind ' to prepare students for the CPA exam in the shortest amount of time possible. This book was specifically designed to help pass the exam, not to explain every minor detail of the accounting profession. Brief explanations and simple examples are used to teach the material quickly. Students will not find page after page of boring FASB statements or in-depth analysis of complex accounting procedures. Instead, they will find bold headings, plain English descriptions, and pointed examples to help them quickly understand the material. Anyone looking for a simplified review will find that this book is a quick and powerful way to prepare for the CPA exam. For more information, visit http://www.flashpointcpareview.comDana#39;s normal cost of borrowing is 9%, and Dan pays a total of $1.00 per unit for rent, insurance and taxes. ... Answer: Economic Order Quantity: The order cost was given as $10.00 (cost of processing purchase order). ... purchase inventory $1.00 rent, insurance, and taxes + $.90 = $1.90 carrying costs 2DO 2 (100, 000) ( $10.00) = = 1, 026 units C $1.90 Order Point: First, calculate the amount of safety stock.
|Title||:||Flashpoint CPA Review - Business Environment and Concepts 2010|
|Publisher||:||Lulu.com - 2010-03-19|