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The balance in begining work in process at Bing Rubber Company for direct labor was 143,000. During the month of March and additional 1,072,000 of direct labor was incurred, and 38,400 pounds of Rubber was produced. At the end of March 13,200 lbs of rubber was in process and the units were 50% complete. At the start of March the company had 6,050 lbs of rubber that was 40% complete.
Calculate the cost per equivalant unit for assuming that labor is added unformally throughout the production process?
The Best Manufacturing Corporation is planning a new investment. Financial projections for the investment are tabulated below. Cash flows are in $ thousands, and the corporate tax rate is 34%.
Do you think that the explanatory notes, supplementary schedule, Management's Discussion and Analysis, 10-K filing, Auditor's report and Proxy statements provide more data for financial analysis.
Describe the role and history of the International Accounting Standards Board. Include an examination of the Board's evolution and stance on ethics issues.
Compute of invoice price of a bond If the last interest payment was made 2 months ago and the coupon rate is 6%
After 2 years she put the accumulated amount into certificate of deposit paying 7.5% compounded semi- annually for 1 year. When this certificate matures, how much will Mayann have accumulated?
Just today, Fawlty Foods, Inc.'s common stock paid a $1.40 annual dividend per share and had a closing price of $21. Assume that the market's required return, or capitalization rate.
Assume you short-sell 100 shares of IBM, now selling at $178 per share. What happens to the maximum loss if you simultaneously place a stop purchase order at $192.50?
Who are the main users of financial statements? Does each user look for the same information? Explain and give examples.
Say that purchase a house for $150,000 by getting a mortgage for $135,000 and paying a $15,000 down payment. If you get a 15 year mortgage with a 6% interest rate, what would the loan balance be in 7 years?
Brown Construction, Inc., is in the road construction business. Brown exchanges a grader used in its business and $45,000 in cash for a scraper to be used in its business. The adjusted basis of the grader is $50,000, and the fair market value of t..
Find the monthly payment needed to pay off a loan of $3800 amortized at 6% compounded monthly for 4 years.
All assets are expected to grow proportionately with sales. If Getrag has a net profit margin of 10%, what additional financing will be needed to support the increase in sales? Getrad does not pay dividends.
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