Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Gray Manufacturing Company makes pennants for college and university athletic teams. The company uses a process costing system to accumulate product costs as the pennants move through the two stages of production: cutting and silk-screening. All materials are added at the beginning of both cutting and silk-screening processes, while conversion costs are applied evenly throughout the process."
At the beginning of September, the Cutting Department had 1,000 pennants in process that were 50% complete. The company had incurred $1,300 in direct materials cost and $1,250 in conversion cost to make them. During the month the department added $13,195 more of direct materials and $32,875 in conversion costs. A total of 9,150 pennants were finished during September and transferred to the Silk-screening Department. At the end of the month, 2,000 pennants that were 30% complete, remained in the Cutting Department.
Suppose the two firms act as perfect competitors and try to out compete each other and do not collude, what would be the optimal industry price and output?
Oddessy consulting has the following for year ended 12-31-09 before adjustments. Oddessy uses the net credit sales method of estimating bad debt expense. The journal entry for estimating bad debt expense at year end is:
What is her net capital gain or loss for 2010 and, if there is a net capital loss, how much of the loss and what type of loss carries over to 2011?
Collects cash from the buyer's installment payments.
jan has two jobs during 2012. one employer withheld and paid fica taxes on 66600 of jans salary and the other employer
Suzy has been the sole shareholder of a calendar year S-Corporation since 1979. The S-Corporation has the following balances.
the following transactions occurred during 2011. assume that depreciation of 10 per year is charged on all machinery
sarah has investments in four passive activity partnerships purchased several years ago. last year the income and
after all of the account balances have been extended to the balance sheet columns of the work sheet the totals of the
lester enterprises comparative balance sheets included inventory of 90200 at december 31 2011 and 70600 at december 31
pleasant company has an opportunity to invest in one of two new projects. project y requires a 700000 investment for
an owner of 1000 shares of simmons company common stock receives a stock dividend of 6 shares. a. what is the effect of
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd