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A productivity index of 110% means that a company's labor costs would have been 10% higher if it had not made production improvements. Now refer to the Income Statement in Digby's Annual Report. The direct labor costs for Digby were $32,611. These labor costs could have been $20,000 higher if investments in training that increased productivity had not been made. What was the productivity index for Digby that led to such savings?
Brittle Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the third quarter of the current year.
1. the partner capital account is what type of account and what is the capital accounts normal balances?a. asset
the thomas supply company inc. is a distributor of gas-powered generators. as with any business the length of time
although accounting information is used by a wide variety of external parties financial reporting is primarily directed
dick acer and george dooley decide to form a partnership. acer invests 25000 cash and accounts receivable of 30000 less
calculating break-even. jasmine gonzales administrative director of small imaging center has been asked by the practice
Shelton Engineering completed the following transactions in the month of June. Prepare a trial balance as of the end of this month's operations
how and why might the importance of the budget affect generally accepted accounting principles for external general-
Prepare the journal entry on Peach Company's books to record the exchange of stock. Prepare a consolidated balance sheet at the date of acquisition.
Based on the information provided in Exhibit 2, prepare the Company's Statements of Cash Flows for each of the two years ended on December 31, 2008 and 2009. You will need to make certain assumptions; make sure that you document each assumption.
Jo Manufacturing Company provides the following data from 2011: 20,000 units were sold for $60 each; total variable expenses were 900,000 and total fixed expenses were $240,000. Jo's income tax rate is 30%.
Grossman Products began operations in 2013. The following selected transactions occurred from September 2013 through March 2014. Grossman's fiscal year ends on December 31.
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