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CPA Review Blog - Sacramento Area

Wednesday, March 11, 2009. 2008 and 2009 tax changes! Some of you may want to review some of the changes affecting tax deductions and other credits for tax year 2008 and 2009. I don't think this changes will affect the CPA exams, but you'll never know. I think it's also good to know to help us prepare for 2009 tax season at the same time will assist us in answering our clients questions related to their future financial planning needs. Trim First And Second-Year Expenses With The Hope Tax Credit. For stu...

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Wednesday, March 11, 2009. 2008 and 2009 tax changes! Some of you may want to review some of the changes affecting tax deductions and other credits for tax year 2008 and 2009. I don't think this changes will affect the CPA exams, but you'll never know. I think it's also good to know to help us prepare for 2009 tax season at the same time will assist us in answering our clients questions related to their future financial planning needs. Trim First And Second-Year Expenses With The Hope Tax Credit. For stu...

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CPA Review Blog - Sacramento Area | sac-cpa-candidate.blogspot.com Reviews

https://sac-cpa-candidate.blogspot.com

Wednesday, March 11, 2009. 2008 and 2009 tax changes! Some of you may want to review some of the changes affecting tax deductions and other credits for tax year 2008 and 2009. I don't think this changes will affect the CPA exams, but you'll never know. I think it's also good to know to help us prepare for 2009 tax season at the same time will assist us in answering our clients questions related to their future financial planning needs. Trim First And Second-Year Expenses With The Hope Tax Credit. For stu...

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sac-cpa-candidate.blogspot.com

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CPA Review Blog - Sacramento Area: October 21, 2008 Question of the day!!

http://sac-cpa-candidate.blogspot.com/2008/10/october-21-2008-question-of-day.html

Tuesday, October 21, 2008. October 21, 2008 Question of the day! Cost accounting related question. 1) Aba Caterers quotes a price of $30 per person for a dinner party. This price includes the 6% sales tax and the 15% service charge. Sales tax is computed on the food plus the service charge. The service charge is computed on the food only. At what amount does Aba price the food? Sales - 900,000. Variable cost - (900,000). Fixed Cost - (300,000). Gross Margin - (300,000). Unit sales - 20,000.

2

CPA Review Blog - Sacramento Area: March 2009

http://sac-cpa-candidate.blogspot.com/2009_03_01_archive.html

Wednesday, March 11, 2009. 2008 and 2009 tax changes! Some of you may want to review some of the changes affecting tax deductions and other credits for tax year 2008 and 2009. I don't think this changes will affect the CPA exams, but you'll never know. I think it's also good to know to help us prepare for 2009 tax season at the same time will assist us in answering our clients questions related to their future financial planning needs. Trim First And Second-Year Expenses With The Hope Tax Credit. For stu...

3

CPA Review Blog - Sacramento Area: Oct 22, 2008 Question of the day!!

http://sac-cpa-candidate.blogspot.com/2008/10/oct-22-2008-question-of-day.html

Wednesday, October 22, 2008. Oct 22, 2008 Question of the day! More cost accounting question. 1) A company has 7,000 obsolete toys which are carried in inventory at a manufacturing cost of $6 per unit. If the toys are reworked for $2 per unit, they could be sold for $3 per unit. If the toys are scrapped, they could be sold for $1.85 per unit. Which alternative is more desirable (rework or scrap) and what is the total dollar amount of the advantage of that alternative? A)Scrap, $5,950. B)Rework, $36,050.

4

CPA Review Blog - Sacramento Area: February 2009

http://sac-cpa-candidate.blogspot.com/2009_02_01_archive.html

Thursday, February 26, 2009. Regulation questions(Ethics and Legal Responsibilities)! More CPA practice exam questions. Some of the thought provoking questions that could help you get familiar CPA exams. A The liability disclaimer will protect Talmac from liability. B The liability disclaimer will probably be ignored by a court. C A and B. D None of the above. A client suing a CPA for negligence must prove each of the following factors except:. A Breach of duty of care. D A negligent act committed by an ...

5

CPA Review Blog - Sacramento Area: BEC - COST AND MEASUREMENT

http://sac-cpa-candidate.blogspot.com/2008/10/bec-cost-and-measurement.html

Friday, October 10, 2008. BEC - COST AND MEASUREMENT. Prime cost are materials equal to equal to direct materials plus direct manufacturing labor. Example: Morton Company's manufacturing costs for 2007 were as follows:. Factory overhead:Variable 80,000, Fixed 50,000. Thus, prime costs are $700,000 ($300,000 DM $400,000 DML). For a manufacturing company, an example of a period rather than a product cost are:. A cost that attaches to the physical units is termed a product cost. BEC - COST AND MEASUREMENT.

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CPA Review Blog - Sacramento Area

Wednesday, March 11, 2009. 2008 and 2009 tax changes! Some of you may want to review some of the changes affecting tax deductions and other credits for tax year 2008 and 2009. I don't think this changes will affect the CPA exams, but you'll never know. I think it's also good to know to help us prepare for 2009 tax season at the same time will assist us in answering our clients questions related to their future financial planning needs. Trim First And Second-Year Expenses With The Hope Tax Credit. For stu...

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