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Vintech Manufacturing incurs unit costs of $7 ($5 variable and $2 fixed) in making a subassembly part for its finished product. A supplier offers to make 10,900 of the part at $6.20 per unit. If the offer is accepted, Vintech will save all variable costs but no fixed costs.
Prepare an analysis showing the total cost saving, if any, Vintech will realize by buying the part.
Prepare an appropriate journal entry to indicate the impact of the transactions on the city's fund financial statements for the year ending December 31, 2011.
Policies regarding when a difference between actual and planned results should be investigated are generally more restrictive for non controllable items than for controllable items.
The JOhn Company purchased a machine on Nov 1, 2002, for 148,000. At the time of acquistion, the machine was estimated to have a useful life of ten years and an estimated salvage value of $4,000. JOhn has recorded monthly depreciation usiing the s..
Describe the direct and indirect technique in quoting foreign currencies. Provide some examples.
Evaluate the GASB's views regarding how the total pension liability should be measured and whether or not you support these views? Explain your rationale.
Prepare journal entries to record the retirement of the old issue and the sale of the new issue on June 30, 2011. Prepare the entry required on December 31, 2011 to record the payment of the first 6 months interest and the amortization of premium on..
Find the present value of the following ordinary annuities: $400 per year for 10 years at 10% $200 per year for 5 years at 5%, $400 per year for 5 years at 0%.
Bill Smith opened Smith Construction on April 1, 2010. Review the transactions and financial position of Smith Construction for April in the Excel Template.
Explain the product and the production process. Describe how you would find out the quantity of spoiled units that are normal versus abnormal. Explain how you would determine the cost of good units, normal spoilage and abnormal spoilage.
Cardon's Boat Yard, inc repairs store and cleans boats for customers. It is completing the accounting process for the year just ended November 30, 2912, The transactions during 2012 have been journalized and posted. The following data with respect..
What is the remaining obligation on January 1, 2010 afterthe first payment has been made?
Based on the following, how much should Ben Brenner include in income in his federal income tax return? Jury awarded punitive damages $10000 Kickbacks on ...
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