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In 2012, Modern Construction Company entered into a contract to construct a building for $5,000,000. The estimated cost to complete the building is $4,000,000 and the project will be completed in 2013. Modern incurred actual construction costs of 1600000 and 1800000 in 2012 and 2013, respectively. How much gross profit is recognized using percentage of completion method in 2012 and 2013
1. what are the symbols used for the redirection operators? explain input and output redirection.2. what is the
Illustrate the effects on the accounts and financial statements of recording the following selected transactions of LoneStar Leather Co.:
Which of the subsidiary's account balances must always be eliminated?
The Tyson Company has provided the following information: Using the high-low method, calculate the total fixed factory overhead cost and the variable factory overhead cost per direct labor hour.
Compute the work-in-Process transferred to the finished goods warehouse on April 30 using the following information:
Develop recommendations and conclusions and state them and their rationale. Using and building on the previous information (provided by you) to answer the above from multiple sources and present that data in one to two pages (12-point font, do..
which of the following accounts would not appear on a balance sheet?equipmentinterest payableinterest revenueretained
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Prepare a production budget by quarter for the first 6 months of 2012 - Management desires to have ending finished goods inventory equal to 10% of the next quarter's expected unit sales.
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From the foregoing information, indicate in what section of the income statement or retained earnings statement these items should be classified. Provide a brief rationale for your position.
The production department has met all production requirements for the current month and has an opportunity to produce additional units of product with its excess capacity. Unit selling prices and unit costs for three different drill models are as ..
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