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The subsequent data are available for ruggles company for the year ended September 30,20x5.
sales:24000 units at &50 each
expected and actual production 30000
manufacturing costs incurred:
variable:&525000
fixed:&372000
nonmanufacturing costs incurred:
variable:$144,800
fixed:$77,400
beginning inventories:$77,400
Evaluate operating income using the variable -costing approach.
Evaluate operating income using the absorption-costing approach.
Describe why operating income is not the same under the two approaches.
Prepare general journal entries for Goela Ltd
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For how much do these free assets have to be sold so that the creditors associated with Debt 2 receive exactly $170,800?
As illustrated Interbrand estimates the value of the Disney brand name in 2009 at $28.45 billion. Search Disney's financial statements and notes - what is Disney's guess of the value of the Disney name?
Prepare a scenario that is consistent with setting the risk of incorrect acceptance at 37 %. Choose a PPS sample of the above inventory population using the sample size determined in above.
Expected revenues and expenses for the first year of operations
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In a statement of cash flows prepared by the indirect technique, which of the subsequent events would be deducted from net income? In a statement of cash flows, which of the subsequent events would be classified as a financing activity?
Compute the minimum transfer price as well as indicate whether the internal transfer must occur for each of the following- Show your computations to receive credit for your answers
Suppose that if bowling shoes were dropped, sales of athletic shoes could drop by 10%. What impact would losing 10 percent of the sales of athletic shoes have on overall profitability?
Prepare the consolidated financial statements for 20X3 using the direct method. Using the deferral method, prepare a statement of revenues and expenses and a statement of changes in net assets for Wise Owls for 20X1.
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