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1. Identify the accounting items for which adjustments are made to the invoice price of goods when determining the net cost of purchases.
2. Describe the difference between F.O.B. shipping point and F.O.B. destination.
3. Why do sales transactions under a perpetual inventory system require two journal entries?
4. Why do the four inventory costing methods produce different amounts for the cost of ending inventory and cost of goods sold when purchase prices are changing?
Four kilograms of water initially at 200 degree Celsius and 0.5 MPa undergo an isothermal, internally reversible compression process to the saturated liquid state. Determine the work and heat transfer involved in the process (in kJ). Sketch the proce..
An enclosure contains an array of circuit boards, 15 cm high and 20 cm long. The clearance between the tips of the components on the PCB and the back surface of the adjacent PCB is 0.3 cm. Each circuit board contains 75 square chips on one side, each..
air at 1175k 8 bar enters a turbine operating as steady state and expands adiabatically to an exit state of 1 bar. the
a police car traveling at 101.7 kmh is traveling west chasing a motorist traveling at 77.0 kmh.a what is the velocity
you have been hired to develop a package transfer slide for a global company. the slide has length l. the slide is to
Consider the pipe and Venturi meter system shown in the three figures at a angle of 30° to the horizontal. The pipe and the Venturi meter in all three systems are identical, but the means of measuring the piezometric head (or pressure head) are diffe..
Determine the periodic time of the resulting SHM, the maximum velocity of the mass and (c) the maximum acceleration of the mass.
A heat engine operates between a source at 530C and a sink at 8C. If heat is supplied to the heat engine at a steady rate of 1,450 kJ/min, determine the maximum power output of this heat engine.
Compute an Arrow-Debreu equilibrium if uB(x) = ln(x). Compute an Arrow-Debreu equilibrium if uB(x) = x.
a power plant generates 150 mw of electrical power. it uses a supply of 1000 mw from a geothermal source and rejects
A 20-cm-diameter smooth sphere is rigged with a strain gauge calibrated to measure the force on the sphere. Estimate the wind speed in 20-C air if the gauge measures (a) 4 N and (b) 0.5 N.
a uniform rod ab of length 3m and mass 20kg is suspended with its end b against a vertical wall while its end a is
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