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Maplewood Co. uses process costing to account for the production of canned energy drinks. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Equivalent units have been calculated to be 12,000 units for materials and 10,000 units for conversion costs. Beginning inventory consisted of $7,000 in materials and $4,000 in conversion costs. April costs were $36,000 for materials and $40,000 for conversion costs. Ending inventory still in process was 4,000 units (100% complete for materials, 50% for conversion). The cost per unit for conversion costs using the weighted average method would be?
Dunn Sporting Goods sells athletic clothing and footwear to retail customers. Dunn's accountant indicates that the firm's operating cycle averages six months. At December 31, 2011, Dunn has the following assets and liabilities.
for this we must do tasks related to a retail store selling dvds. this business is relatively simple with approximately
victoria kite company a small melbourne firm that sells kites on the web wants a master budget for the next 3 months
dos passos company sells televisions at an average price of 900 and also offers to each customer a separate 3-year
a comparative balance sheet for shin corporation is presented belowshine corporationcomparative balance
you are ceo of acme inc. located in the united states. you use the discounted payback period method and accept all
The revenue principle states that revenue shall be recognized at a point when
use the following data to determine the total dollar amount of assets to be classified as current assets. koonce office
Elizabeth's property had an adjusted basis of $9000 and a fair market value of $10,500, and Elizabeth gave Debbie $4500 in cash. Determine Debbie's and Elizabeth's realized gain of loss, recognized gain or loss and the basis in their new property.
gesture inc reports warranty expense when related products are sold. for tax purposes the warranty costs are deductible
A company $100 million of fixed interest rate bonds payable at $98 million. At year-end, the bonds were selling in the bond market at $97 million. What entry would Moore Company make at year-end to record the change in selling price?
naylor company has 210000 of net income in 2013 when the selling price per units was 150 the variable costs per unit
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