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Sarah Crowly uses the cash receipts method of accounting for her accounting business. On December 25, 2011, she received a $1,000 check in payment for her services. The following year she was told that the check had bounced. One client offered to give her a check for $500 on December 31, 2011, but Sarah asked him to give it to her the next year, which the client did. Another client gave her a check for $750 on December 31, 2011, but after the bank had closed. Both the $500 and $750 checks cleared the next year.
How much does Sarah have to include in her gross income for 2011?
Evaluate the eight variances and Comment on the variances - During September 2011, the company produced 106,000 cases and recorded the following cost data
Determine her deductions and credits allowed and the suspended credits and losses.
Problem Summary and Solution Recommendation Issues Identified Sources Used Discussion of Support
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Determine a budget variance and a volume variance and determine a budget variance and a volume variance for fixed manufacturing overhead costs for the year
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