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Question - Eckert Company has budgeted the following unit sales:
2010 Units
April 25,000
May 50,000
June 75,000
July 45,000
Of the units budgeted, 40% are sold by the Southern Division at an average price of $15 per unit and the remainder are sold by the Eastern Division at an average price of $12 per unit.
Instructions - Prepare separate sales budgets for each division and for the company in total for the second quarter of 2011.
The estimated electricity payable as at the end of June
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Phillip Corporation has the following account balances:Bonds payable, exist1,600,000:Premium on Bonds payable. Give the entry to record the redemption.
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