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Over the past few decades, the cost structure of manufacturing companies has shifted. In the early 1900s, direct material costs were substantial while fixed costs represented a small fraction of total manufacturing costs. However, the cost structure has reversed and now fixed costs make up the majority of total manufacturing costs. What caused this to happen? What would explain the drastic change in cost structure? Which industries would be most affected by this change?
Prepare the general journal entries for Korman Company for:(a) the 2010 adjusting entry.(b) the sale of the Thomas Corp. stock.(c) the purchase of the Werth Stores' stock.(d) the 2011 adjusting entry
Rhonda, a calendar year taxpayer, filed her 2010 return on November 4, 2012. She did not obtain an extension for filing her return, and the return reflects additional income tax due of $25,000.
How do information systems increase the efficiency and effectiveness of business processes in accounting functions? Please explain. What are the advantages and disadvantages of using real time versus batch accounting information architecture? Please..
Windsor advertising company's trial balance for december 31 shows advertising supplies $6700 and advertising supplies expense $0.on December 31,there are 2700 of supplies on hand. prepare the adjusting entry at December 31.
santana rey has found that her line of computer desks and chairs has become very popular and she is finding it hard to
company p purchased an 80 interest in company s on january 1 20x3 for 800000. on the purchase date company s
twenty thousand shares reacquired by sierra land inc. for 153 per share were exchanged for land that has an appraised
reagan corporation computed income from continuing operations before income taxes of 4500000 for 2013. the following
manufacturing overhead was estimated to be 484800 for the year along with 20200 direct labor hours. actual
Kern Company purchased bonds with a face amount of $400,000 between interest payment dates. Kern purchased the bonds at 102, paid brokerage costs of $6,000, and paid accrued interest for three months of $10,000. The amount to record as the cost of..
blitzen corporation had net income of 200000 and paid dividends to common stockholders of 50000 in 2014. the weighted
on january 1 jkr shop had 490000 of inventory at cost. in the first quarter of the year it purchased 1630000 of
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