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A company uses a process cost accounting system. Its Sewing Department completed and transferred out 120,000 units during the current period. The ending inventory in the Sewing Department consists of 40,000 units (20% complete with respect to direct materials and 60% complete with respect to direct labor). Overhead is applied on the basis of direct labor. Determine the equivalent units of production for the Sewing Department for direct materials, direct labor and overhead assuming the weighted average method.
jones corporation owns 10 of the common stock of sayles company as a result of a stock purchase on january 1 2010 and
Identify all risks and internal control points by incorporating the controls and risks into the flowcharts. Design internal controls to mitigate risks to the systems. Evaluate the application of internal controls to the systems.
do you think budgetary accounting and budgetary reporting is a good thing? discussion question the discussion question
If owner's equity increased $20,000- during the fiscal year and total liabilities increased $12,000- during the same period, what happened to the assets?
John recently came into a sum of money from an inheritance and is contemplating purchasing a small manufacturing facility in his home town. Not knowing much about running a business, he decided to have lunch with some of the other businesspeople i..
Under management by exception, which differences between planned and actual results should be investigated?
the break even point is 2400 units. variables cost per unit is 42 total fixed costs are 67200 per year. what price
in 2001 rachel fisher co. had net credit sales of 750000. on january 1 2001 allowance for doubtful accounts had a
you and bob are enrolled together in a course on financial management. you missed the class last friday and bob copied
alberto comapy issues 8 10-year semi-annual bonds with a par value of 350000. on the issue date the annual market rate
Set up a schedule of interest expense and discount amortization under the straight-line method.
the cost accountant for blue pharmaceuticals has informed youthat the companys materials quantity variance for the
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