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A company uses a process cost accounting system. Its Sewing Department's beginning inventory consisted of 50,000 units. The Sewing Department started and finished 120,000 units this period. Its ending inventory consists of 40,000 units . All direct materials are added at the beginning of the process. Under FIFO what are the equivalent units of production for the Sewing Department for direct materials and for direct labor and overhead, respectively?
Keshena Co. borrows $240,000 cash on November 1, 2009, by signing a 180-day, 10% note with a face value of $240,000. On what date does this note mature?
In taking out a Trial balance, a book keeper finds that he is out Rs.1600 excess debit. Being desirous of closing his books, he places the difference to a newly opened suspense account. In the next period, he discovers the following discrepancies.
On March 17, Grady Company agrees to accept a 60-day, 9%, $10,200 note from Alert Company to extend the due date on an overdue account. What is the journal entry needed to record the payment of the note by Alert Company on the maturity date?
cars can now park themselves and within the next 10 years research in the united kingdom will lead to cars that drive
What is the net amount of cash received from the sales made during the period and what are the companys primary products and/or services?
identify a local medium-sized service business in your community. Evaluate how you would implement a performance-focused ABC system in the company as described in the e-Activity.
the following is monthly budgeted cost and activity information for the four activity centers in the billing department
what happens if a company is completely wrong and they lose a huge lawsuit from actions from a prior period. should
Harriet and Harry Combs (both 37 years old) are married and both want to contribute to a Roth IRA. In 2012, their AGI is $50,000. Harriet earned $46,000 and Harry earned $4,000. (Leave no cells blank - be certain to enter "0" wherever required. Om..
the work in process inventory account for clinton company for the month ended september 30 appears below. work in
If a company is determining the present value of the minimum lease payments under a lease, what interest rate should be used as the discount rate using IFRS?
During the year 2010, the corporation earned $600,000 after deducting all expenses. The tax rate was 30%. Calculate 1. Earnings per share 2. Earnings per share assuming bond conversion
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