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Raw materials inventory of a company includes 1 Kg. of certain material purchased at Rs. 100 per Kg. The price of the material is on decline and replacement cost of the inventory at the year-end is Rs. 80 per Kg. It is possible to incorporate the material in a finished product. The conversion cost (wages and overheads) is Rs. 120.Inventory values for expected selling prices of the finished product.
the selling and administrative expense budget of fenley corporation is based on the number of units sold which are
Assume that at the high point month of producing the most of production during a five month time period 50,000 units were produced at a cost of 550,000 and the low point month producingthe least of production during a five monthtime period 20,000 ..
Is there a need for revamping the standard setting for (GAAP) accounting and should the federal government be involved?
pimples and fluffy are the owners and operators of spaz inc. a texas corporation selling retail electronic products
the opportunity to replicate the orignal project at the end of its life. What is the total expected NPV of the two project if both are implemented?
hedricks corporation is considering issuing a convertible bond. discuss the advantages of a convertible bond from the
Assuming Marten Co. has a portfolio of Available-for-Sale Debt Securities, what should Marten Co. report as a gain or loss on the bonds?
What is the Uniform Partnership Act of 1997 and what is the relevance to partnership accounting and what types of items are typically included in the partnership agreement? Explain.
For the month of Dec, the company planned for activity of 12 snow days, but the actual level of activity was 14 snow days. The actual vehicle operating cost for the month was 6330. The vehicle operating cost in the planning budget for December wou..
Justify the time it takes to put together a budget for a human resource project. Support your justification by creating a hypothethical example of a human resource project. Relate specific elements of your example to support your justification.
At the end of the current year, the accounts receivable account has a balance of $650,000, and net sales for the year total $5,500,000. Estimate the amount of the adjustment for doubtful accounts under each of following assumptions:
It serves to highlight the importance of audit opinions and reports. This project gives you an opportunity to conduct certain audit procedures and determine the course of action regarding the audit.
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