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Xyon company purchases 10,000 pumps annually from Kobec inc because the price keep increasing and reached $ 88 per unit last year, Xyon's management has asked for a cost estimate to manufacturing the pumps internally Xyon make stamping and casting and has little experence with product that required assembly, the engineering manufacturing and accounting departmet have prepared a report for management that includes the following estimate for an assembly run of 10,000 pumps also the company will hire additional production employees but will need no addotional equipment space or supervision the report estimate the total costs for10,000 units are estimated at $ 1,200,000 0r $120 a unit the current purchase price is $ 88 a unit and the report estimated the continued purchased of the product , if the pumps are purchased the currently unused space could be leased for$ 150,000 annualy.
assuming that nick and jolene have total allowable itemized deductions of 12350 in 2012 and that they have no
During the previous year, Carrie paid $500 of estimated state income tax payments, which she also deducted for federal income tax purposes. Early in the current year.
prepare a cash receipts journal based on the information given below and post it to the accounts receivable subsidiary
If Allowance for Doubtful Accounts has a credit balance of $2,201 in the trial balance, journalize the adjusting entry at December 31, assuming bad debts are expected to be (1) 1% of net sales, and (2) 12% of accounts receivable.
you are the auditor of glaxoa corporation glaxoa for the current year.nbsp for each situation1.nbspnbspnbspnbsp
Production: 12,000 units finished and transferred out: 3,000 units started that are 100% complete as to materials and 40% complete as to conversion costs. Manufacturing costs: Materials $36,000; labor $30,000; overhead $ 37,320. Prepare a producti..
Instructions, (a) Journalize the closing entries at April 30. (b) Post the closing entries to Income Summary and Retained Earnings. Use T accounts. (c) Prepare a post-closing trial balance at April 30.
silky smooth lotions come in three sizes 4 8 and 12 ounces. the following table summarizes the selling prices and
Jonas Inc. is considering whether to lease or purchase a piece of equipment. The total cost to lease the equipment will be $120,000 over its estimated life, while the total cost to buy the equipment will be $75,000 over its estimated life.
In addition, Austin estimates that the new machine will increase the company's annual net cash inflows by $35,000. The machine will have a 12-year useful life and no salvage value.
The beginning work in process inventory had a cost of $2,200. Determine the cost of completed and transferred out production, and the ending work in process inventory.
if you have 20 journal entries for the past 6 months that need to be re-calculated to reflect a 20% commission payout on 15 employee's what method would you use to show that your method of calculation is accurate?
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