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Materials costs of $300,000 and conversion costs of $321,300 were charged to a processing department in the month of September. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. There are no units in beginning work in process, 100,000 units were started into production in September, and there were 8,000 units in ending work in process that were 40% complete at the end of September.What was the total amount of manufacturing costs assigned to those units that were completed and transferred out of the process in September?
During 2010, Markel had actual outlay of $48,000 for repairs under warranty. Markel employs the expense warranty accrual method-What amount should the company report for estimated liability under warranties at the end of 2010?
citywide company issues bonds with a par value of 69000 on their stated issue date. the bonds mature in seven years and
presented below and on the next page are the ?nancial statements of rajesh company. rajesh company comparative balance
prepare the necessary closing entries based on the following selected accounts. accumulated depreciation
Identify the inventory cost flow method used by each company. Which company probably has been reporting the higher gross profit?
One basic method that an accountant can use to analyze the financial situation of a business is ratio analysis.
copa company a manufacturer of stereo systems started its production in october 2008. for the preceding 3 years copa
What is the amount of income from the partnership that Diamond Co. must report for its tax year ending June 30, 2010? What is the amount of income from the partnership that Bill must report for her tax year ending December 31, 2010?
Assume that Nigel wouldlike to be debt-free by the time that he replaces the machine, and that he wants to buy the replacement machine out right, rather thantaking out another loan.
power drive corporation designs and produces a line of golf equipment and golf apparel. power drive has 120000 shares
Please provide an explanation of the strengths and weaknesses of the internal controls related to the payroll cycle.
Firm identified the Critical Success Factors. Develop at least 2 KPIs for each of the critical success factor Quality of deliverable Completing project on budget (professional fees worked
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