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Wisconsin Metal Co. produces 12.5 gauge band barbed wire that is retailed through farm supply companies. Presently, the company has the capacity to produce 100,000 ton of wire per year. It is operatin at 80 percent of annual capacity and, at this level of operations, the cost per ton of is as follows:
The average sales for the output produced by the firm is $900 per ton. The state of Texas has approached the firm to supply 200 tons if wire for the state prisons for $620 per ton. No production modifications would be necessary to fulfill the order from the state of Texas.
marston company sells a single product at a sales price of 50 per unit. fixed costs total 15000 per month and variable
netpass company has 300000 shares of common stock authorized 270000 shares issued and 100000 shares of treasury stock.
abc company employs a periodic inventory system and sells its inventory to customers for 15 per unit. abc company had
duncan company records all prepayments in income statement accounts. at april 30 the trial balance shows supplies
The projected benefit obligation was $180 million at the beginning of the year and $192 million at the end of the year. Service cost for the year was $10 million. At the end of the year, there was no prior service cost and a negligible net loss-AOCI...
An error was made by ABC Company in computing the percentage of completion of the current year's ending Work-in-Process Inventory. The error resulted in the assignment of a lower percentage of completion to each component of the inventory than act..
auditing standards prohibit the auditor from issuing a report if not independent. an interresting situation can arise
The real property tax year in Adams County is the calendar year. The real property tax becomes a person liability of the owner of real property on January 1 in the current real property tax year 2009.
after nate maggie nicol and lindsay finished medical school they decided to open a new medical prac-tice named new
marissa participates in her employers nonqualified deferred compensation plan. for 2011 she is deferring 11 percent of
diego company manufactures one product that is sold for 80 per unit in two geographic regions-the east and west
XYZ wrote off uncollectible accounts totaling $20,000 during 2010. Under the cash basis of accounting XYZ would have reported 2010 sales of ?
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