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Injection Molding Services uses a job-order costing system. The account balances at the end of the period for the product cost related accounts are as follows.
Raw Materials Inventory.....................................$300,000Work in Process Inventory.....................................$500,000Finished Goods Inventory.....................................$600,000Cost of Goods Sold..............................................$900,000Manufacturing Overhead (credit) .........................$90,000
Required:
Prepare a journal entry to close the manufacturing overhead account assuming that the amount($90,000) is material.
how would this informationbe included on the bank reconciliation
The minivan is expected to have a $10,000 salvage value at the end of 10 years. This delivery service is expected to generate net cash inflows of $20,000 per year in each of the 10 years. Apnea's cost of capital is 9%. Calculate the NPV of this in..
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