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The Watson Corps. currently produces 2 joint products. If they sell them as is, product A has a sales price of $8.00 each and product B has a price of $10.00 each. Or the company can further process both products, which would cost $5.00 and $9.00 respectively, and product A could be sold for $12.00 each and product B for $22.00 each. Which, if any of the products should be processed further before selling them?
see buffalo wild wing 2011 10-k report locate the statement of management responsibility and the report of the
oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the companys discount
At the beginning of the year, Downtown Athletic had an inventory of $200,000. During the year, the company purchased goods costing $800,000. If Downtown Athletic reported ending inventory of $300,000 and sales of $1,050,000, their cost of goods so..
if a company purchased a tractor trailer for 98000. the company uses the units-of-activity method for depreciating its
Why do intercompany balances exist within the financial records of the separate companies? How are these reciprocals eliminated on a consolidation worksheet?
on july 1 2001 the romero corp. issued 400000 10 percent bonds for 430924. interest is payable on january 1 and july 1
A company has cash, $85,000; temporary investments, $30,000; net receivables, $60,000; and inventory, $350,000. Current liabilities are $300,000.
a machine with a cost of 120000 has an estimated residual value of 15000 and an estimated life of 5 years or 15000
1.borrowed 540000 in jan 2014 made 12 monthly payments during the year reducing the balance of the loan by 40628. 2.
Label each T account with the title of the account affected and then place the transaction letter and the dollar amount on the debit or credit side.
an employee earns 5500 per month working for an employer. the fica tax rate for social security is 6.2 and the fica tax
a company issued 9.2 10-year bonds with a par value of 100000. interest is paid semiannually. the market interest
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