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The debits to Work in Process-Assembly Department for April, together with data concerning production are as follows: April 1, work in process Materials cost, 3000 units $8000 Conversion costs, 3000 units 66.7% complete $6000 Materials added during April, 10,000 units $30,000 Covension cost during April $31,000 Goods finished during April, 11,500 units -April 30 work in process, 1,500 units, 50% complete All direct materials are placed in process at the beginning of the process and the first in, first out method is used to cost inventories. The materials cost per equivalent unit for April is: a. 3.00 b. 3.80 c. 2.92 d. 2.31.
What were Glass Vessel's materials price and materials quantity variances for March?
A company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2006. Interest is paid on June 30 and December 31. The proceeds from the bonds are $19,604,145. Using straight-line amortization, what is the carrying value of the bonds o..
Strong Wood Company is a distributor of patio furniture. Data concerning the next month's budget appear below. What is the company's margin of safety? What is the company's margin of safety as a percentage of sales?
kris inc discovered the followingerrors after the 2008 financial statements were issueda. a major supplier shipped
In 2001, Donna sells 100 of these shares to Walter (a family friend) for $100,000. In 2007, Egret Corporation files for bankruptcy, and its stock becomes worthless.
If you assume that these estimates are derived from best estimates of likely outcomes and the risk-free rate is 5%, the expected present value of the cleanup provision is what ??
brandon computer timeshare company entered into the following transactions during may 2008.1. purchased computer
direct method and overhead ratesdelille company manufactures both traditional toothpaste and gel tooth paste with each
Inventory financing cost are 15% per year. Estimate the total financial benefits that resulted from the switch to JIT manufacturing operations.
the adjusted trial balance for dolton corporation at the end of the current year contained the following accountsbonds
Edison Company manufactures wool blankets and accounts for production costs using process costing. The following information is available regarding its May inventories.
If variable costs per unit increased because of an increase in hourly wage rate would the break even point increase,decrease, remain the same or increase or decrease depending on the percentage increase in wage rates?
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