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The inventory at May 1 and the costs charged to Work in Process--Department B during May for Stella Company are as follows: Beginning WIP, 12,000 units, 60% completed $ 62,400 From Department A, 55,000 units started this period Direct materials added 115,500 Direct labor incurred 384,915 Factory overhead incurred 138,000 During May, all direct materials are transferred from Department A, the units in process at May 1 were completed, and of the 55,000 units entering the department, all were completed except 6,000 units which were 70% completed. Inventories are costed by the first-in, first-out method. Prepare a cost of production report for May.
complete the following assignment. submit your responses in msword as one document. label each section clearly. if you
kingston corporations accumulated depreciation-furniture account increased by 10200 while 6600 of patent amortization
the following events took place for wreckin ronnie inc. during july2008 the first month of operations as a producer of
starkey companys sales current assets and current liabilities all in thousands of dollars have been reported as follows
Kordel Inc. holds 75% of the outstanding common stock of Raxston Corp. Raxston currently owes Kordel $500,000 for inventory acquired over the past few months. In preparing consolidated financial statements, what amount of this debt should be elimi..
the internal revenue code allows some accountable events to be considered differently for income tax reporting purposes
on april 30 2011 witt corp. had outstanding 8 1000000 face amount convertible bonds maturing on april 30 2019. interest
to analyze the financial statements of a publicly traded company.obtain an annual report from a publicly traded
Given the machinery Account for five years writtng off depreciation at 10% on the written down value.
presented below are selected ledger accounts of mcgraw corporation as of december 31 2012. cash 50000 administrative
Prepare the 2012 income statement for J. J. Putz Cruise Company
the following selected transactions occurred for bleumortier corporation. the company has a march 31 year end and
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