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Accounting
WAX-D Inc. has a division that manufactures a component that sells for $150 and has a variable cost of $45. Another division of the company wants to purchase the component. Fixed cost per unit of component is $25. What is the minimum transfer price if the division is operating below its capacity? Show calculation.
During 2014 AFCO started a construction job with a contract price of $2,500,000. The job was completed in 2016. The following information is available.
Make all journal entries necessary on Candra Christensen's books in 2011, 2012, and 2013 to record the forward contract and the purchase of the lobster. For purposes of estimating future settlement payments under the forward contract, assume that ..
on january 1 2014 peg inc. bought some equipment by signing a non-interest-bearing note for 160000. the note is to be
the 2010 income statement of holly enterprises shows operating revenues of 134800 selling expenses of 38310 general and
the basis for classifying assets as current or noncurrent is conversion to cash withinthe accounting cycle or one year
On November 1, 2009, Bug Busters collected $6,000 in advance for three months of service to be provided beginning on that date. It was credited in full to unearned rent revenue. Assuming the accounting year ends December 31, give the adjusting ent..
To avoid paying monthly rent of $5,000 on existing plant facilities, the company decided to buy a tract of land and construct a building of its own on it.
star services inc. a manufacturer of telescopes began operations on october 1 of the current year. during this time the
in april 2011 dan is audited by the irs for the year 2009. during the course of the audit the agent discovers that
Monthly payroll
Give two alternatives. Be sure you explain how the alternatives work so that even a government regulator could understand it. As part of your answer be sure to discuss the two risks that bond holders are exposed to because of changing interest rat..
In your opinion, what could be the possible effects of following the advice of the credit manager on the financial statement items?
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