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Jb 412 was one of the many jobs started and completed during the year. The job required $9,500 in direct materials and 35 hours of direct labor time at a total direct labor cost of $10,400. If the job contained four units and the company billed at 70% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer?
calculation of ending inventory for interim financial statements.ernst equipment co. wants to prepare interim financial
Prepare the journal entries to record the estimated warranty costs and (b) the actual costs incurred and Preparation of journal entries to record
finding the net increase decrease in cash during the year.cash flow computations from the following selected data
Envision yourself as a CFO at a customized furniture manufacturer and you have been given the task of setting up the cost accounting system. Based on the concepts learned in chapters 19, 20 and your personal experience, describe to me the quantitativ..
After enactment of Sarbanes-Oxley response to Enron and Worldcom, it was hoped that accounting and financial frauds would be a thing of the past. But, alas, that was not the case. Based on your research or experience, tell us about another post-Enron..
statement of cash flows1. choose the combination that best reflects the appropriate classification of cash received
What limits the usefulness to managers of fixed budget performance reports? Identify the main purpose of a flexible budget for managers and discuss them with your classmates. What type of analysis does a flexible budget performance report help manage..
Consider an interest-rate swap with these features: maturity is five years, notional principal is $100 million, payments occur every six months, the fixed-rate payer pays a rate of 9.05% and receives LIBOR.
Short term investments at cost year Accounts and notes receivable year Prepaid expenses and other current assets year
It is now January. The current interest rate is 4%. The June futures price for gold is $1,646.30, while the December futures price is $1,651. Is there an arbitrage opportunity here? If so, how would you exploit it?
Currently, the unit selling price of a product is $390, the unit variable cost is $320, and the total fixed costs are $1,008,000. A proposal is being evaluated to increase the unit selling price to $440. Compute the current break-even sales
Sales taxes $ 25,000 Property taxes 125,000 Income taxes 15,000 Fines 10,000 In accordance with GASB 33, Accounting and Reporting for Nonexchange Transactions, what is the amount of revenues that came from imposed nonexchange transactions?
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