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Each two years a man trades his car for a new car. If he has a Ford, he trades it for Mercedes-Benz . If he has a Mercedes-Benz, he trades it for BMW. However, if he has a BMW, he is just as likely to trade it for a new BMW as to trade it for Mercedes-Benz or a Ford . In 1995, he bought his first car which was a Mercedes-Benz (i) Find the probability that he has a: a) 1999 Ford b) 2001 BMW (ii) In the long run, how often will he have a Mercedes-Benz?
in october harry company reports 21400 actual direct labor hours and it incurs 117700 of manufacturing overhead costs.
finley company has its company headquarters based in raleigh north carolina and has six individual retail stores spread
ursula company maintains a petty cash fund for small expenditures. the following transactions occurred over a 2-month
Calculate missing costs. Calculate cost formula for mixed cost using the high-low method. Calculate the total cost that would be incurred for the production of 8,000 units
Stoker Corporation applies fixed overhead at the rate of $0.65 per unit. For May, budgeted fixed overhead was $524,745. The production volume variance amounted to $5,070 unfavorable, and the price variance was $11,100 unfavorable.
What would be the effect on profit of a $125,000 increase in sales of audio equipment compared with a $125,000 increase in sales of viedo equipment or a $125,000 increase in sales of car equipment?
question 1accrued payroll was 10000 and 15000 at the beginning and end of 20x4 respectively. the payroll expense for
Maximizing the profit and minimizing reported losses are major concerns
at january in 2005 wessex inc. had 50 employees. each employee earned 10 days of vacation pay. the actual rate for
Compute the annual depreciation charges for machine under the double-declining-balance method.
lunn company makes and sells lawn mowers for which it currently makes the engines. it has an opportunity to purchase
What are intangible assets? Can you provide a few examples? Why are these important, and how are they recorded?
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