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If variable cost of goods sold totaled $80,000 for the year (16,000 units at $5.00 each) and the planned variable cost of good sold totaled $84,000 (15,000 units at $5.60 each), the effect of the unit cost factor on the change in variable cost of goods sold is?
Evaluate the effect of the increased prominence of other comprehensive income on financial statement users and companies.
Ace Bonding Company purchased merchandise inventory on account. The inventory costs $2,000 and is expected to sell for $3,000. How should Ace record the purchase?
Bruce debited cash and credited unearned rent revenue for $600,000. At December 31, 2009 (the end of the accounting period), give the adjusting entry Bruce should make in respect to the rent.
brandywine homecare is a not for profit business. they had revenue of 12 million in 2007. expenses other than
on june 8, alton co. issued an 80,000, 6%, 120 day note payable to seller co. assume that the fiscal year seller co ends june 30. using the 360 day year in your calculations, what is the amount of interest revenue recognized by seller in following..
oregon lumber processes timber into four products. during january the joint costs of processing were 280000. there was
fast delivery is a small company that transports business packages between new york and chicago. it operates a fleet of
what is one advantage of using the participatory budget approach? points 1management can disregard their employees
1. Zee Company's cash account in their ledger has a debit balance of $1094. Zee has $162 of outstanding checks and $283 of deposits in transit. Zee's bank statement shows $36 in charges for checks bought from the bank. What is the proper ba..
Presented below is selected information from the Kudlick Company's current period accounting records (in $000s):
the new psychological contract involves the expectation that employees will provide employers witha. increased
An employee received a paycheck from her employer in the amount of $776.35. The pay-check stub indicated that in calculating her $776.35 net pay, $139.75 had been withheld for federal income tax, $34.25 for state income tax, and $74. 65 for FICA. ..
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