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Jody Jewelry manufactures jewelry. In October Jody is planning to make 500 rings, 400 bracelets, and 210 pendants. Each ring requires 3 ounces of gold and 2 semi-precious stones. Each bracelet requires 4 ounces of gold and 4 semi-precious stones. Each pendant requires 3.5 ounces of gold and 1 semi-precious stone. The company can purchase the 10k gold it uses in its manufacturing for $215 an ounce, and can purchase a lot of 100 semi-precious stones for $3,080. What is the standard cost for direct materials per pendant?
what is the maximum number of movies he could purchase? e) if the price of movies increases to $12 and price of rental housing increases to $2.00 per sq foot, what happens to Jordan's budget constraint? Draw this new budget on your graph.
Tony invests $7,500 at 12% interest, quarterly for 11 years. Calculate the compound amount for his investment, and then determine the amount of compound interest.
What do you think the SEC means by this? What factors might make a quantitatively small misstatement qualitatively material? How would you, as an auditor, develop procedures to build in a qualitative aspect of review and an anticipation of risk?
Dylan worked for a propane gas distributor as an accounting clerk in a small Midwestern town. Last winter, his brother Mike lost his job at the machine plant. By January, temperatures were sub-zero, and Mike had run out of money. What can a business ..
Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20, and provide explanations for each.
calculation of companys net operating income and quantitative accounting analysis.rubye company produces a single
For each of the following cases, assume the lessor is a manufacturer or dealer and that the leased asset cost the lessor $84,000. A lessor and lessee enter into a lease agreement whereby an 18 wheeler with a fair value of $130,000 and a useful life o..
The sales clerk receives customer orders by phone. She prepares a four-copy sales order form. She files one copy, one copy goes to the warehouse clerk, one copy goes to credit clerk, and one copy is mailed to the customer.
A loan company will loan up to 60% of the equity in a home. A family purchased their home 8 years ago for $83,000. The home was financed by paying 20% down and signing a 30-year mortgage at 8.4% for the balance. The market value of the house is now $..
He elects the straight-line method for cost recovery. Andre does not elect immediate expanding under 179. He does not claim any available additional first-year depreciation.
Hyde owns several small office buildings in which he rents space to doctors, dentists, lawyers, and other professionals. Last year he sold two of his rental buildings.
ABC Company accepted a national credit card for a $3,000 purchase. The cost of the goods sold is $2,400. The credit card company charges a 3% fee. What is the impact of this transaction on net operating income?
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