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Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period, and 3,000 units were 75% completed at the end of the period. All materials are added at the beginning of the process. Direct labor was $32,450 and factory overhead was $18,710.
The number of equivalent units of production for the period for conversion if the average cost method is used to cost inventories was:
This would mean that in year six, the cash flow would be $800,000. However, it is also projected for Project B that in years three and four there will be an additional capital outlay of $100,000 for each year. Compute the NPV, IRR, Payback for bot..
Alan Chemicals Company acquires a delivery truck at a cost of $31,000 on January 1, 2012. The truck is expected to have a salvage value of $4,000 at the end of its 4-year useful life. Compute annual depreciation for the first and second years usi..
johnson inc. paid rent expense of 3500 for the month of october. how are the accounts affected due to this
Effects of the understatement of purchases - compensation to reported earnings and the possible relation between this type of bonus scheme and the accounting errors.
the standard factory overhead rate is 7.50 per machine hour 6.20 for variable factory overhad and 1.30 for fixed
jbc corporation is owned 20 percent by john 30 percent by brian 30 percent by charlie and 20 percent by z corporation.
48 capital gains and losses. consider the four independent situations below for an unmarried individual and analyze e
Your friend, Wendy Geiger, owns a small retail store that sells canies and nuts. Geiger acquires her goods from a few select vendors. She generally makes purchase orders by phone and on credit. Sales are primarily for cash. Geiger keeps her own ma..
What is the maximum acceptable purchase price if the plant facilities are fully utilized a present and and if any additional available capacity can be deployed for the production of other compressor?
In taking out a Trial balance, a book keeper finds that he is out Rs.1600 excess debit. Being desirous of closing his books, he places the difference to a newly opened suspense account. In the next period, he discovers the following discrepancies.
Mike Paul is the bookkeeper for Benelli Company. Mike has been trying to get the balance sheet of Benelli Company to balance. It finally balanced, but now he's not sure it is correct.
evaluate the difficulties companies are faced in implementing a control framework against fraud under sarbanes-oxley
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