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Foley Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a just-in-time cell for each customer. The following information relates only to one customer's just-intime cell. For the year planned labor and overhead was $76,800,000; materials costs, $25 per unit. Planned production included 9,600 hours to produce 76,800 motor drives. Actual production for the month of August was 5,200 units, and motor drives shipped amounted to 5,040 units. From the foregoing information, determine the budgeted cell conversion cost per hour.
a loan is being repaid by 15 annual installments of 1 000 each. interest is at an effective rate of 5. immediately
Which of the following accounts is not affected when an account receivable written off as uncollectible is unexpectedly collected?
demont tax services provides primarily two lines of service accounting and tax. accounting-related services represent
several years ago polar inc. acquired an 80 interest in icecap co. the book values of icecaps asset and liability
Identify the problem that appear to exist in ferguson and sons manufacturing company's budgetary control system and explain how the problem are likely to reduce effectiveness of the system.
a review of the balance sheet of a retailer such as wal-mart will disclose that in current assets the majority
Can a nonprofit (not-for-profit) organization release restrictions on a "strike fund" and use it in the general fund for current year activity? Why or why not?
Aspen Co. expects to maintain the same inventories at the end of 2008 as at the beginnign of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various depart..
assume that kramer company could use the facilities presently devoted to production of the axial taps to expand
Two years later the bond is converted when the market value of the stock is $150. Prepare the entries at the date of issuance and at the date of conversion.
desi of new york sells its products to customers in the united states and the united kingdom. on december 16 2011 desi
1. panther co. had a warranty liability of 345000 at the beginning of 2013 and 309000 at the end of 2013. warranty
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