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1) Three types of costs accumulated on job cost records that include direct materials, and .
a. variable factory overhead; fixed factory overhead
b. direct labor; budgeted factory overhead
c. direct labor; applied factory overhead
d. direct labor; actual factory overhead
2) Variable costing is also called
a. functional costing
b. the contribution approach
c. indirect costing
d. absorption costing
Business combinations historically have been accounted for as either a purchase or a pooling of interests. Now, with SFAS 141(R), the acquisition method is required. Explain why did FASB change the rules? Did VIEs have a role in that decision?
Determine the income from the business, excluding the profit on the sale of the tugboat?
What are the similarities and differences in format of the two cash flow statements and Comparison of direct and indirect format of income statement
problem 1. ninja co. issued 15-year bonds a year ago at a coupon rate of 7.5 percent. the bonds make semiannual
Why does an intra-entity sale of a depreciable asset (such as equipment or a building) require subsequent adjustments to depreciation expense within the consolidation process?
Write the journal entry to show the effect of the sale of the season tickets and Write the journal entry to show the effect of presenting an event.
Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover.
You find short time lags between deposits and withdrawals and large deposits made on Fridays. What should you suspect? List out the things that should not be done in a fraud investigation.
The Bodner Corporation sold a machine with a cost of $10,000 and accumulated depreciation of $6,000 for a selling price of (a) $7,000; (b) $2,000. How would this transaction be handled on the statement of cash flows?
Give the journal entry for the disposal of the truck, assuming that the truck sold and explain the effects of the disposal of an asset.
gerrad manufacturing has projected sales of its product for the next six months as givenjanuary 300 unitsfebruary 700
What is their child and dependent care credit? Please show your calculations and explain. Be sure to consider any and all limitations on the credit allowed.
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