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A company purchased mining property for 1,837,500 containing an estimated 7,350,000 tons of ore. in year 1, it mined and extracted and sold 850,000 tons of ore. calculate the depreciation expense for year 1 and prepare the journal entry to record the depletion for the year. you must show how you calculated this number.
Direct material cost per unit $13.00 $22.00, Compute the unit product cost for the two products using the proposed ABC system
The Newcoat Painting Company has for some time been experiencing high demand for its automobile repainting service. Because it has had to turn away business, management is concerned that the limited space available to store cars awaiting painting ..
eden company uses process costing to account for its production costs. direct labor is added evenly throughout the
A large body of scholarly literature exists relating to the subject of choices of accounting methods. The choice of depreciation methods is an example of these accounting choices. The choice of depreciation method affects several ratios.
in each of the following cases indicate who is responsible for reporting the income.a. dr. a instructed the hospital
has an initial investment cost of $105 million, when will you pay back in years the initial investment? Is this a good project to invest in
Mr. Z has asked your advice concerning which option would be most advantageous to him from an after-tax point of view. Prepare a brief memorandum in which you explain which alternative you would recommend and why.
Using your own numbers, make up an example to show management the effect of early revenue recognition. Prepare a short report to management explaining the accounts that early revenue recognition would affect.
Prepare Princeton's accounting entry to record the combination with Streeter.
Tanner Bay Inc. has two departments, Assembly and Packaging. The company uses a job-order costing system and computes a predetermined overhead rate in each department. What is the predetermined overhead rate to be used in each department? Show comp..
martinez inc. has tow separate departments human resources and building maintenance and two production departments
the orgonne milling co. is contemplating purchase of new equipment. the machinery is expected to generate increased
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