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The cost per equivalent units of direct materials and conversion in the Bottling Department of Mountain Springs Water Company is $.45 and $.12, respectively. The equivalent units to be assigned costs are as follows. Direct Materials Conversion Inventory in process, beginning of period 0 3,500 Started and completed during the period 57,000 57,000 Transferred out of Bottling (completed) 57,000 60,500 Inventory in process, end of period 3,500 1,800 Total units to be assigned costs 60,500 62,300 The beginning work in process inventory had a cost of $2,200. Determine the cost of completed and transferred out production, and the ending work in process inventory.
Prepare dated journal entries to record the transactions shown in question. Assume that Econ did not enter into a forward contract. Prepare dated journal entries to record the transactions question.
Which of these should be included in the initial project cash flow related to net working capital and What amount should be used as the initial cash flow for this building project
A firm is selling an existing asset for $5000. The asset when purchased cost $10,000, was depreciated under MACRS using a five-year recovery period and has been depreciated for four full years.
Determine the pre determined overhead rate from the given data - determine the predetermined overhead rate.
Evaluate the missing amount from each of the separate situations and What are the beginning and ending amounts of equity?
Compute the Break even point - Evaluate the company's break-even point given the sales mix above?
The store normally recognizes a gross profit margin of 40% of the selling price on video games. Illustrate how would the store account for a purchase using the discount coupon?
Given that she will not actually receive any interest payments until the bond matures in 10 years, explain how much interest income will she report this year assuming semiannual compounding of interest?
Prepare the journal entry to establish the petty cash fund and At the end of April, the fund had $28 in it. The petty cash custodian presented receipts
Is it ethical to choose a transfer price for tax purposes that is different from the transfer price used to elucidate a business unit's performance?
A $20 late fee will be added if the payment is made after the 15th of the month. Illustrate what is the effective annual interest rate if the clinic pays the bill on the 17th of the month?
Bank-Reconciliation-Statement - Purpose a bank reconciliation for December, 2009.
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