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Confectioners, a chain of candy stores, purchases its candy in bulk from its suppliers. For a recent shipment, the company paid $3,000 and received 8,500 pieces of candy that are allocated among three groups. Group 1 consists of 2,500 pieces that are expected to sell for $0.25 each. Group 2 consists of 5,500 pieces that are expected to sell for 0.60 each. Group 3 consists of 500 pieces that are expected to sell for $1.20 each. Using the relative sales value method, what is the cost per item in group 2?
two m3 of xenonxe are contained in a closed rigid tank at 70 degree c and 2 bar. the tank is heated to a pressure of 10
which of the following regarding preferred stock is true? the price in the market remains at par if the required rate
at april 30 the bank reconciliation of guardado company shows three outstanding checks no. 254 650 no. 255 700 and no.
suppose a hypertension trial is mounted and 18 participants are randomly assigned to one of three comparison
a beam of hydrogen molecules h2 is directed toward a wall at an angle of 55deg with the normal to the wall. each
the sun is approximated as a spherical black body with a surface temperature of 5762 k. the irradiation from the sun as
rough dominant to smooth black dominant to white. two dihybrid rough black guinea pigs are crossed to produce a litter
pinson corporation was organized on january 1 2010. it is authorized to issue 20000 shares of 6 50 par value preferred
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sissac catering uses two measures of activity jobs and meals in the cost formulas in its budgets and performance
During bankruptcy, US Corporation debt was reduced from $780,000 to $400,000. USA Corporation's assets are valued at $500,000. USA's NOL carryover was $400,000.
What characteristics will automatically exclude an item from being classified as inventory?
Larsen Company makes and sells a single product, widgets. Three pounds of clay are needed to make one widget-How much clay should be purchased in September?
Help to develop flowcharts to show the flow of data into and from each of the four accounting systems analyzed. Explain the rationale and analysis behind the recommended course of action.
an investor purchased at par value 75000 of corts 8 bonds that mature in three-years. the bonds pay interest
define cost allocation for operational assets. what are the various time based and activity- based methods used to
a business is operating at 90 of capacity and is currently purchasing a part used in its manufacturing operations for
Prepare journal entries to record the following transactions related to long-term bonds of Quirk Co. On July 1, 2011 Quirk retired $150,000 of the bonds at 102 plus accrued interest. Quirk uses straight-line amortization.
wes and donna were the only members of an llc and they fended off unwated takeover suitors with a clause in the charter
1.stellar company has the following sales variable cost and fixed cost. if sales increase by 10000 then their profit
Barr purchased the bonds at 102, paid brokerage costs of $6,000, and paid accrued interest for three months of $10,000. The amount to record as the cost of this long-term investment in bonds is
Prepare the journal entry to record the issuance of the bonds.(For multiple debit/creditentries, list amounts from largest to smallest eg 10, 5, 3,2.)
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