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The following department data are avalable :
Total materials costs $ 120000equivalent units of materials 60000total conversion costs $ 70000Equivalent units of conversion costs 30000
what is the total manufacturing cost per unit?
a. $ 2.00
b.$2.33
c.$ 4.33
d.$ 2.11
The balance in the equipment account is $904,000, and the balance in the accumulated depreciation-equipment account is $316,400.
You have been employed as an entry level management accountant for little under a year. You suspect that your immediate supervisor is involved in a significant fraud involving diverting of companys assets to personal use.
The contribution margin of the finished products is $6 each. Inventory carrying costs are $0.40 per unit per day. What is the change in the daily contribution margin if the change is made?
Sure Tea Co. has issued 7.2% annual coupon bonds that are now selling at a yield to maturity of 10% and current yield of 9.9987%. What is the remaining maturity of these bonds? (Do not round intermediate calculations. Round your answer to 2 decima..
with no residual value. At the beginning of 2011, a decision was made to change to the straight-line method of depreciation for this machine. Assuming a 30% tax rate, the cumulative effect of this accounting change, net of tax, is
What is Omega's charitable contributions deduction for the current year and its charitable contributions carryover to next year, if any?
Discuss your thoughts on whether CEOs' exceptionally high pay is economically justified. Explain your rationale.
Hart Company's labor standards call for 500 direct labor hours to produce 250 units of product. During October the company worked 625 direct labor hours and produced 300 units. The standard hours allowed for October would be:
Class, let's begin by discussing the internal control issues that are related to cash. What makes cash control different than control over any other asset?
Prepare the journal entry to record Zende Company's issuance of 75,000 shares of $5 par value common stock assuming the shares sell for
Determine the amount of dollars to be received, after deducting payment for the option premium.
Wilson Wonders' bonds have 12 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 10%. The bonds sell at a price of $850. What is their yield to maturity?
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