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1. Suppose the same system is used (packaging by count), but this time we only want to have 10 pieces in a package. Where is the target weight? (Again, we want to be 99.5% sure that the package has at least 10 pieces.) What assumption is particularly relevant with these small counts?
2. In which situation (10 pieces or 60 pieces) would the packaging system be more likely to put more than the labeled count of candies into a package?
What is the net present value of the investment, assuming the required rate of return is 24%? Would the company want to purchase the new machine?
Lark Corporation uses the percentage of completion method of accounting for construction contracts. At the end of the current year, Lark estimates that its costs to complete a project exceed the contract price, so that an overall loss on the contract..
Pete Hanshew begins business as a real estate agent with a cash investment of $15,000 in exchange for common stock.
what would be the effect of removing either the matching principle or the revenue recognition principle from the
1. calculate the net present value npv of the following project cash flows. the applicable discount rate is 11.year 0
how do you calculate direct labor cost and manufacturing overhead applied cost when only direct material used and total
prepare the adjusting entry on december 31 2012 to recognize bad debts expense? erickson company had a 400 credit
the 2009 balance sheet of marias tennis shop inc. showed 3.8 million in long-term debt 762600 in the common stock
A number of observers suggest that fair valuing of CODs under the old definition caused the global financial crisis of 2008. What do you think of this argument
The company acquired a machine on January 1 at an original cost of $60,000. The machine's estimated residual value is $10,000, and its estimated life is 10,000 service hours.
discuss the primary advantages and disadvantages of applying the direct write-off and the allowance method of writing
Hazel Holden and Cedric Dalton are organizing Calgary Metals Unlimited Inc. to undertake a high-risk gold-mining venture in Canada.
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