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Actual Sales 150,000 units
Productioon 160,000 units
Selling price $34 per unit
Direct Materials $4 per unit
Direct Labor $4 per unit
Fixed manufacturing costs $5 per unit
Variable Overhead costs $4 per unit
Variable administrative costs $2 per unit sold
Fixed administrative Cost $100,000
What is the net income after reconciliation for throughput costing, please include the steps.
Short-run pricing decisions include: (a) pricing a main product in a major market (b) adjusting product mix and volume in a competitive market while maintaining a stable price if demand fluctuates from strong to weak
A company buys a building with an appraised value of $100,000 for $30,000 cash and the assumption of a 25 year, 10% mortgage with a balance of $60,000
The fair value of the options, estimated by an appropriate option pricing model, is $4 per option. No forfeitures are anticipated. Ignoring taxes, what is the effect on earnings in the year after the options are granted to executives?
Federated fabrications leased a tooling machine on January 1, 2011, for a three-year period ending December 31, 2013. The lease agreement specified annual payment of $36,000 beginning with the first payment at the inception of the lease, and each ..
Describe in detail an ethical dilemma in business that you or a coworker experienced and how it was resolved.
How can you explain the diverse opinions? What policies or procedures, if any, should CBU develop to avoid such problems in the future? Your response should also include a Biblical perspective.
On January 2, 2010, it purchased for cash $25,300 of equity securities that it classified as available-for-sale. It received cash dividends of $4,070 during the year on these securities. In addition, it has an unrealized holding gain on these secu..
TD Industries has a piece of equipment that has a cost of $400,000. The equipment has accumulated depreciation of $305,000.
Provide and show all answers and step by step work to obtain the answer, not skipping any steps. Show all equations, acronyms (ie ETC, ACWP, etc), and if applicable, a description of how you came to the answer.
Allocate the total costs between the completed chips and the chips in ending inventory.
Moran corporation has these accounts at December 31:common stock,$12 par, 5150 shares issued,$61,800;paid in,capital in excess of par value $20,100, retained earning $42,360, and treasury stock-common, 510 share,$12,240. Prepare the stock holders ..
Compute the total amount of dividends that was paid to each class of stock, b) Compute the amount of dividends per share for each class of stock.
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