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Ashbrook Company adopted the dollar-value LIFO method on January 1, 2014 (using internal price indexes and multiple pools). The following data are available for inventory pool A for the 2 years following adoption of LIFO.Computing an internal price index and using the dollar-value LIFO method, at what amount should the inventory be reported at December 31, 2015? (Round price index and dollar-value LIFO inventory to 0 decimal places, e.g. 162.) Need help calculating Dollar Value LIFO inventory.
The Colson Company issued $300,000 of 10% bonds on January 1, 2011. The bonds are due January 1, 2016, with interest payable each July 1 and January 1. The bonds are issued at face value. Prepare Colson's journal entries for
If fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130, what is the amount of sales required to realize an operating income of $200,000?
ez curb company completed the following transactions during 2010. the annual accounting period ends december 31
Bernie's Restaurants is considering two mutually exclusive projects having the cash flow streams. Compute the profitability index for both projects
lubriderm corporation has the following budgeted sales for the next six-month period month unit sales june 90000 july
on january 1 2011 937000 5-year 10 bonds were issued for 908890. interest is paid semiannually on january 1 and july 1.
Mike and Marie Cranston have come to you for assistance in developing an estate plan. From your initial meeting with them, you have gathered the following information
norman jelen the controller of wing corporation is trying to prepare a sales budget for the coming year. the income
In January of 2007, Kerr successfully defends the patent at a cost of $81,000, extending the patent's life to 12/31/18. What amount of amortization expense would Kerr record in 2007?
harrison hartwell and zenith is a successful law firm employing 26 professionals. there is an internal controversy over
assume that auditors lost a civil lawsuit for damages and the court found total losses of 5 million. if the auditors
The annual change in working capital is $20,000, and capital spending for maintenance exceeded depreciation in the prior year by $15,000. Both working capital and the excess of capital spending over depreciation are projected to grow at the same r..
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