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Barbara Ripley and Fred Nichols decide to organize the ALL-Star partnership. Ripley invests $15,000 cash, and Nichols contributes $10,000 cash and equipment having a book value of $3,500. Prepare the entry to record Nichols's investment in the partnership, assuming the equipment has a fair value of $4,000.
Agassi Manufacturing Company uses a job order cost system in each of its three manufacturing departments. Compute the predetermined overhead rate for each department
thome company uses a flexible budget for manufacturing overhead based on direct labor hours. variable manufacturing
a company has 3500000 of short-term debt that comes due on march 12th. on february 5th they pay off the 3500000. on
on july 1 2013 lula plume created a new self-storage business safe storage co. the following transactions occurred
bob morgan was employed by green corporation for 20 years. during the course of bobs employment he received options to
q1. sarbanes oxley is an added cost to any organization which has to comply with the regulation yet gives investors
direct materials 64900direct labor 17600factory supplies 20000factory supervision 31400research and development
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..
Steel Company, a wholesaler that has been in business for two years, purchases its inventory from various suppliers. During the two years, each purchase has been at a lower price than the previous purchase.
since unsystematic risk is associated primarily with a single firm or industry how much influence would unsystematic
1. compute the return on investmentroi for each division usingthe formula stated in terms of margin and turnover.2.
Explain the basic elements and compliance issues of the federal procurement framework
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