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A chair's variable cost is $52 and its market value as a piece of unfinished furniture is $65 at a transfer point from the assembly division to the finishing division. The finishing division's variable cost of sanding and finishing the chair is $26, and the selling price of the chair after sanding ad finishing is $83.
1.Prepare a tabulation of the contribution margin per unit for the finishing division's performance and overall company performance under two alternatives of a) selling to outsiders at the transfer point and b0 sanding and finishing the chair and then selling to outsiders.
2.As finishing division manager, which alternative would you choose?
Prepare a balance sheet for the Courthouse Annex Capital Project Fund, assuming all unexpended resources are restricted to construction of the courthouse annex.
what is the journal entry to record the purchase of treasury stock on feburary 1, 2001 ?
Identify three analytical procedures that an auditor might perform with respect to plant assets and explain how they might assist in identifying potential misstatements.
fredonia inc. had a bad year in 2013. for the first time in its history it operated at a loss. the companys income
part 1 will require you to evaluate the payroll system for the skip-rope manufacturing company. part 2 will involve a
on december 31 of the current year a companys unadjusted trial balance included the following accounts receivable debit
Mitchell's usual billing rate is $700 per hour, and Fink's stock has a book value of $250 per share. By what amount will Fink's Paid-in capital - excess of par increase for this transaction?
Discuss the nature of accounting misstatements and the implication of each to fair presentation of the financial statements.
Compute taxable income and income taxes payable for 2013.
If 16,000 units of materials enter production during the first year of operations, 12,000 of the units are finished, and 4,000 are 75% completed, the number of equivalent units of production would be 15,000.
From the following data, prepare a classified balance sheet for Simon Company at December 31, 2006.
Using a weighted moving average with weights of 0.60, 0.30, and 0.10, find the July forecast. Using a simple three-month moving average, find the July forecast.
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