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A total of 1,300 units were completed and transferred to the next processing dept during the period.Equivalent units of production in ending work in process Materials = 300 Conversion = 100Cost per equivalent unit Materials = $31.56 Conversion = $9.32Problem: Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory?
Time Value of Money Concept
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At normal capacity of 8,000 units, budgeted manufacturing overhead is: $48,000 variable and $135,000 fixed. If Wayman had actual overhead costs of $187,500 for 9,000 units produced, what is the difference between actual and budgeted costs
five hundred shares of stock were originally purchased for 30 per share and are being held as trading securities. the
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The board of directors declared and paid a $6,000 dividend in 2009. In 2010, $24,000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2010?
Determine the value of ending inventory and gross profit under each of the methods LIFO, FIFO and average Cost
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