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On March 1st, the directors of a corporation declared a 10% stock dividend distributable on March 31st to shareholders of record on March 15th. The stock's market value is $25 on March 1st (just prior to the dividend) and $35 on March 31st. Par Value is .01 and there are 1,000 shares outstanding. Record the dividend declaration in a journal entry.
Clancy Inc. issues $2,000,000 of 7% bonds due in 10 years with interest payable at year-end. The current market rate of interest for bonds of similar risk is 8%.
Evaluate the cost per equivalent unit for conversion costs and what is the total amount of the costs listed above that are direct costs of the Shoe Department?
Discuss how a cost-volume-profit analysis would be performed for the company that sells more than one product. (Suppose that the sales mix is known.)
use a selected company or your current work environment to identify at least one cost or expense that would fit under
Five years ago, Jack Cadence left his position at the large company to start Advanced Technologies Co. (ATC), a software design company. ATC's first product was the unique software package which seamlessly integrates networked PCs.
Browning, which employs a process-costing system, adds all material at the beginning of production and incurs conversion cost evenly during manufacturing. The information which follows relates to the period just ended:
Northeast Logging Co. of $120,000. The seller agreed to allow a 5 percent discount because Northeast paid cash. Determine the amount to be capatilized in an asset account for the purchase of the saw.
choose an item that you would like to manufacture. you do not actually need to manufacture something but will proceed
Task one Critically evaluate the models and concepts affecting the pricing decisions taken by organisations, critically reflecting upon their usefulness
jan martinelli a junior in college has been seeking ways to earn extra spending money. as an active sports enthusiast.
james manufacturing and technology jmt manufactures private-label small electronic products such as alarm clocks
Bulkboy Fitness Equipment, Inc. was recently created to produce and sell its "Biception" arm machine. Bulkboy decided to use a standard cost system to record costs related to the production of this product.
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