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1. What is the campany's revenue recongnition policy? (hint: look in the notes to the financial statements.)
2.Assuming that $50 million of cost of sales was due to non inventory purchase expenses (distribution and occupancy cost ), how much inventory did the company buy during the year? (hint use a T-account of the inventory in infer how much was purchased .)
3. Calculate general administrative , and selling expenses of sales for the years ended January 31, 2009, and January 31, 2008, By what percent did these expenses increase or decrease from fiscal year 2007 and 2008? The company's fiscal year ends on January 31, 2009 (hint: Percentage = [Current Year Amount- Prior Year Amount}/Prior Year Amount )
4. Compute the company's total assets turnover for the year ended January 31, 2009, explain its meaning
Determine the rate and efficiency variances for the variable overhead item power cost and indicate whether those variances are unfavorable or favorable.
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caballero manufacturing incurs unit costs of 7.90 6.10 variable and 1.80 fixed in making a sub-assembly part for its
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The case study is as mentioned above. My task is to do a short presentation on this case study. Please include any necessary journal entry and consolidation financial statement along side with the answer.
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question janice morgan age 32 is single and has no dependents. she is a freelance writer. in january 2011 janice opened
They also supoort Peggy (age 66), who is a friend of the family and lives with them. how many personal and dependency exemptions may the Carters claim?
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