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The Madden Company uses a process costing system. During September the mixing department transferred out 65,000 units. The September 30th work-in-process inventory in the mixing department consisted of 22,000 equivalent units of material and 20,150 equivalent units of labor and overhead. The cost per equivalent unit was $5.50 for materials and $5.00 for labor and overhead. The total balance in the work-in-process inventory account on September 30th was.
Prepare an amortization schedule for the following loan, for the first three months of the loan: $20,000 car loan, payments are $444.89 for 5 years, payable monthly at 12%. What are the total principal and interest payments for the 5 year loan?
the intramural sports club reports sales revenue of 550000. inventory at both the beginning and end of the year totals
Journalize the transactions. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2013 transactions.) Rivera uses straight-line depreciation for buildings and equipment.
gianna tuck is an accountant for post pharmaceuticals. her duties include tracking research and development spending in
How much salary must Gander pay Patrick during the period November 1 through December 31, 2008, to permit the corporation to continue to use its fiscal year without negative tax effects?
a not-for profit nursing home has total expenses of 50 million. sales tax in the state is 7. expenses are broken down
erika and kitty who are twins just received 10000 each for their 22th birthdays. they both have aspirations to become
Using the percentage-of-sales method, you estimate that total uncollectible accounts is $7,345. The Allowance for Doubtful Accounts prior to adjustment has a debit balance of $1,345. The Accounts Receivable balance is $55,909. The amount of the..
Kitel uses the effective interest method of amortizingbond discount. Interest is payable annually on June 30. At June 30,2007, Kitel's unamortized bond discount should be
Identify at least 3 areas in accounting and/or audit where complexity increases as a result of globalization. How should audit firms deal with them?
Selected transactions from the journal of Dewitt Inc. during its first month of operations are presented here. By posting the above transactions to T-Accounts complete the following trial balance.
horton enterprises issued 100000 10-year 6 bonds payable on 11. interest is payable each 6 months 11 and 71. the
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