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Direct materials $ 13,000 $ 8,000 Direct labor cost $ 21,000 $ 7,500 Actual direct labor-hours worked 1,400 500 Assume the ending raw materials inventory is $1,000 and the company does not use any indirect materials. Prepare the journal entries to record raw materials purchases and the issuance of direct materials for use in production.
a company purchased 2000 of merchandise on nov. 2 with terms 210 n30. on nov. 8 it returned 500 worth of merchandise.
1.the following data have been gathered for a capital investment decision.cash inflowsyear 150000year 260000year
red sauce canning company processes tomatoes into catsup tomato juice and canned tomatoes. during the summer of 20x5
during 2013 uma company had 160000 in cash sales and 1200000 in credit sales. the accounts receivable balances were
raintree cosmetic company sells its products to customers on a credit basis. an adjusting entry for bad debt expense is
siburo company issued 300000 11 10-year bonds on january 1 2011 for 318694. this price resulted in an
total costs were 76900 when 26000 units were produced and 97500 when 39000 units were produced. use the high-low method
John's specialty store uses a perpetua; inventory system. The following are some inventory transactions for month of May 2009: 1. John's purchased merchandise on account for $5,000.
the shoe outlet has paid annual dividends of 0.65 0.70 0.72 and 0.75 per share over the last four years respectively.
The bonds were sold for 555,840 to yield 12%. Winston uses a calendar-year reporting period. Using the effective-interest method of amortization, what amount of interest expense should be reported for 2010?
Compute the largest tax deduction possible in 2010 for the equipment (consider the Section 179 election, Bonus Depreciation, and MACRS):
What are the options for an entity trying to invest in its growth? How does Apollo finance its business? Did you identify any errors or findings in Apollo's long term liabilities? Do the activities of Apollo require any additional or particular di..
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