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Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
Edition 7ISBN: 978-0078136726Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
Edition 7ISBN: 978-0078136726 Exercise 19
Software Associates
Software Associates (SA) is a computer software consulting firm that specializes in designing and implementing integrated marketing database warehousing programs. Humphrey Catalog is a client. In preparing its bid for Humphrey, SA estimates its total labor cost for this project to be $222,500, broken down as follows:
After completing the Humphrey contract, SA reports the following data. 
Required:
a. Prepare a performance report for the Humphrey Catalog project.
b. Offer a plausible explanation for SA's performance on the Humphrey project.
Software Associates (SA) is a computer software consulting firm that specializes in designing and implementing integrated marketing database warehousing programs. Humphrey Catalog is a client. In preparing its bid for Humphrey, SA estimates its total labor cost for this project to be $222,500, broken down as follows:
After completing the Humphrey contract, SA reports the following data. Required: a. Prepare a performance report for the Humphrey Catalog project.
b. Offer a plausible explanation for SA's performance on the Humphrey project.
Explanation
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Standard costing:
In this method actual...
Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
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