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A total of 29 units were started, and 4 spoiled units were detected and rejected at final inspection, yielding 25 good units. the spoild units were considered to be normal spoilage. costs assigned prior to the inspection point are 1000 per unit. The current disposal price of the spoiled units is $205 per unit. when the spoilage is detected the spoiled goods are inventoried at $205 per unit. What is the normail spoilage rate?
montana mining co. mmc paid 200 million for the right to explore and extract rare metals from land owned by the state
property plant and equipment is often a significant portion of a companys assets. describe the inherent risk factors
The management of Ortiz estimates that this recall would cost $800,000. What accounting recognition, if any, should be accorded this situation?
mr. chins granddaughter ling is 8 years old. mr. chin would like to help lings parents pay for lings college education.
you are the accountant in charge of comparing financial statements prepared by companies in china japan and mexico to
construction company headquarted in terre haute indiana built a rest easy motel 35 miles east of terre haute. the
Sweet Grove Citrus Company buys a variety of citrus fruit from growers and then processes the fruit into a product line of fresh fruit, juices, and fruit flavorings.
stine manufacturing uses a job order costing system. on may 1 the company has a balance in work in process inventory of
What factors are likely to drive a firm's outlays for new capital (such as plant, property, and equipment) and for working capital (such as receivables and inventory)? What ratios would you use to help generate forecasts of these outlays?
Upper Darby Park Department is assuming no tax consequences. If Upper Darby Park Department has a required rate of return of 10%, which of the following is closest to the present value of the project?
xyz company employs a fifo periodic inventory system and had the following inventory information available for the
in 2005 the profit margin was 9.8 and the operating efficiency ratio was 23.9. in 2006 the profit margin was 9.2 and
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