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The Sun Valley Corp. has expected demand of custom engines of 1,000 engines. Ordering cost per purchase order is $400. The carrying cost per year is $20. The purchasing lead time is 30 days. Please calculate the EOQ level; number of orders per year, and the reorder point.
Describe costing methods for inventory control, denominator-level capacity concepts and cost capacity analysis?
Straight-line depreciation is used. Demers reported net income of $28,000 and $32,000 for 2006 and 2007, respectively. Compute the gain recognized by Demers Company relating to the equipment for 2006:
part 1list the following steps of the accounting cycle in their proper orderanalyzing business transactions.collecting
If XYZ decides to pay off the entire mortgage in March, 2004 after just two monthly payments of $2,426.55 have been made, what amount of principal would be due?
conan company has total fixed costs of 112000. its product sells for 35 per unit and variable costs amount to 25 per
1 what is the difference between a current liability for an uncertain amount and a contingent liability? give an
Accounts has a debit balance of $3,000in the trial balance and bad debts are expected to be 10% ofaccounts receivable, journalize the adjusting entry for end of the period.
Which one is not correct in the context of tax accounting?
on january 1 2013 nrc credit corporation leased equipment to brand services under a direct financing lease designed to
In addition, the controller is aware of $10,000 of inventory that was stolen during August from one of the company's warehouses. Calculate the estimated inventory at the end of August, assuming a markup on cost of 25%.
The prepaid insurance involves a 3-year fire insurancepolicy that was purchased (and went into effect) on January 1,2007. By the end of the year, apportion of the insurance policy had been used up.
Is it appropriate to use a hybrid of the percentage of sales and the percentage of receivables methods of calculating the allowance for doubtful accounts?
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