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Question - Findlay, Inc. uses the LIFO method for its inventory. Inventory is reported at $912,000 on December 31, 2012 and $965,000 on December 31, 2013. The LIFO reserve as disclosed at $24,350 and $30,817 for 2012, and 2013 respectively. Sales for for 2013 totaled $6,400,000. Cost of goods sold was $3,540,864. Compute Findlay's cost of goods sold assuming it uses the FIFO method.
the most useful allocation basis for the departmental costs of an advertising campaign for a storewide sale is likely
State the highest level of deficiency that you believe the circumstances represent-a control deficiency, a signicant deficiency, or a material weakness. Explain your decision in each case.
Payments of at least $600 to independent contractorsAnnual nondeductible contributions of up to $5,000Annual summary and transmittal of U.S. information returns
the polishing department of burgoa manufacturing company has the following production and manufacturing cost data for
Using appropriate headings and subtotals, prepare a multiple-step consolidated income statement (showing gross profit, operating income, and any other subheadings you deem appropriate). (Enter your answers in thousands rounded to 1 decimal place.)
If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
Locust Corporation desires to set up a distribution facility in a southern state. After considerable negotiations with a small town in Alabama , Locust accepts the following offer: land (fair market value of $3million) and cash of 1million.
telic company income statement for years ended march 3120102009sales37000035000cost of goods sold265200250800gross
apple apla is piling up boatloads of cash just not here in the u.s.a.those boatloads are increasing becoming docked in
darden enterprises determined that materials costs totaling 158400 and conversion costs totaling 130200 were charged to
1.On December 31, 2012, Ainsworth, Inc., had 600 million shares of common stock outstanding.
List three examples of BPR used in the expenditures processes.
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