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Stuchlik Catering uses two measures of activity, jobs and meals, in the cost formulas in its flexible budgets. The cost formula for catering supplies is $440 per month plus $56 per job plus $16 per meal. A typical job involves serving a number of meals to guests at a corporate function or at a host's home. The company expected its activity in January to be 21 jobs and 185 meals, but the actual activity was 22 jobs and 188 meals. The actual cost for catering supplies in January was $4,700. The catering supplies in the planning budget for January would be closest to?
An art dealer sold two artworks at $1520 thereby making a profit of 25% on the first work and 10% on the second, where as if he had approached any exhibition he would have sold them together for $1535 with a profit of 10% on the first and 25% on t..
The cash and securities comprising a sinking fund established to redeem bonds at maturity in 2015 should be classified on the balance sheet as:
a company is considering purchasing an asset for 50000 that would have a useful life of 5 years and would have a
In 2010, Richard, a single taxpayer, has adjusted gross income of 40,450. His AGI includes $4000 of qualified dividends. Richard has no dependents and does not itemize deductions. What is his 2010 federal income tax?
the system of federalism was instituted with the writing and authorization of the constitution in 1787. in dividing
x-beams inc. owned 70 of the voting common stock of kent corp. during 2006 kent made several sales of inventory to
the following cost data pertain to the operations of swestka department stores inc. for the month of july.corporate
susan works in a real estate office that is equipped with up-to-date copiers scanners and printers. she is frequently
Define the term "earnings per share" as it applies to a corporation with a capitalization structure composed of only one class of common stock and explain how earnings per share should be computed and how the information should be disclosed in the..
describe the various approaches required by current GAAP standards for reporting changes in accounting principles. Discuss how these approaches may be impacted by the adoption of new IFRS standards.
in what situations it would be useful to recognize revenue as the productive activity takes place. at what times other
the following informationis available for leno companysales 695000goods available 535000ending
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