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The Walt Disney Company shows "television costs" as an asset on its balance sheet. In the notes to its financial statements, the following television cost disclosure was made:
Sept. 30, 2004 Sept. 30, 2003
Released, less amortization $ 893 $ 961Completed, not released 175 126In-process 292 283In development or pre-production 24 11 Television costs: $1,384 $1,381
a. Interpret the four television cost asset categories.
b. How are these classifications similar or dissimilar to the inventory classifications used in a manufacturing firm?
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Normal levels due to the effects of a labor strike that occurred during union contract negotiations. Once the dispute was settled, the company scheduled overtime to try to catch up to regular production levels. The following costs were incurred in..
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What are the factors that are causing many companies to refine their costing systems to obtain more accurate measures of the costs of their products?
Prepare the intangible assets section of Montana Matt's Golf Inc. at December 31, 2013. How much amortization expense is included in Montana Matt's income for the year ended December 31, 2013? Show all supporting computations.
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paris corporation holds a 100000 unrealized net capital gain and a capital loss carry forward that will finish in the
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Prepare a report to be sent to Gita Thrales, in which you - Describe the objectives of a forensic investigation
During the month, it used 20,200 meters of vinyl material. The total cost of the material was $19,796. Compute the direct materials price and direct materials quantity variances for June.
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