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abc job required $200 of direct materials and 10 direct labour hours at $15 per hour. estimated total overhead for the year was $ 760,000 and was based on estimated direct labour hours of 20,000. what would be recorded as the cost of abc job?
on january 1 2010 carey inc. entered into a noncancellable agreement agreeing to pay 3500 at the end of each year for
that old equipment for producing subassemblies is worn out said paul taylor president of timkin company. we need to
larned corporation recorded the following transactions for the just completed month. a. 71500 in raw materials were
the canadian instruments company cic uses a decentralized form of organizational structure and considers each of its
No selling and administrative expenses would be applicable to either order; transportation charges are to be paid by the buyer. Which order should the company accept?
you have been hired by the management of alden inc. to review its control procedures for the purchase receipt storage
LaSalle Company established a petty cash fund on May 1, cashing a check for $100. The company reimbursed the fund on June 1 and July 1 with the following results.
On December 31, 2008, Kean Company changed its method of accounting for inventory from weighted average cost method to the FIFO method. This change caused the 2008 beginning inventory to increase by $420,000. The cumulative effect of this accounti..
steven soderbergh is the academy award-winning director of erin brockovich traffic and many other films. cleanflicks
meesha barten is treasurer and owns 2.1 of itheenk eimhott corporation iec an s-corporation that banks at bank of
Do you think this makes sense? How much of the internal control details should the managers know given that they will have to sign documentation attesting to the efficiency of internal controls?
The labor standard for a product was five hours at a wage rate of eight dollars if a company produce 900 units and labor cost was $35, 250.00 and 4700 hours of labor. What would the labor cost be?
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