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Question - The Blue Corporation started and completed 4,800 units during February. Blue started the month with 700 units in process (40% complete) and ended the month with 400 units in process (40% complete). How many units were transferred to the Finished Goods Inventory during February?
Discuss the methods of revenue recognition Office Gopher is currently using and analyse them using IFRS critieria.
On that date, when the market price of Matile was $14 per share, there were 270,000 shares of Stinson outstanding. What gain and net reduction in retained earnings would result from this property dividend?
Calculate the equivalent units for direct materials. Calculate the cost per equivalent unit for direct materials
Cooperative San José of southern Sonora state in Mexico makes a unique syrup using cane sugar and local herbs. The syrup is sold in small bottles.
Identify the type of potential threat to independence. Justify your answer. Identify and explain two (2) asset accounts at risk of material misstatement
How will this affect the company's income statement and balance sheet this period?
The reason why accountants should not write up the value of equipment due to an increase in its fair value
What is the break-even point in units for each product
Prepare a balance sheet and a statement of revenues and expenditures for the general fund
How should Wesley determine the amount of compensation expense related to the compensatory stock options, if any
What types of situations result in troubled debt? What are some of the general rules for recognizing gain or loss by both parties in a troubled debt situation? How would you report these gains or losses?
Determine how the costs in (a) and (b) should be presented on Erin's financial statements as of December 31, 2008. Also determine the amount of amortization of intangible assets that Erin should record in 2008 and 2009.
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