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As of December 31, 2010, all jobs were finished, but there were four jobs that were not sold. Costs incurred on these four jobs were $1,228. Cost of goods sold for the year was $31,500. What was direct labor for 2010?
Prepare journal entries to record, Jan. 10 sold 102,000 shares of commone stock for $8 cash per share. Jan 15 Exchanged 10,000 shares of common stock for equipment with a market value of $80,000. Feb. 1 Exchanged 500 shares of common stock for $3,..
Indicate the account names, amounts, and classifications of the items related to the premium plan that would appear on the BC Candy Company balance sheet and income statement at the end of 2010 and 2011.
Identify whether the above audit procedure is a test of control, a substantive test of transactions, or a test of details balances.
you are the owner of a small bread factory and are thinking of lowering costs and expanding. your small-business
When the fair market value of the assets acquired in a business purchase exceed the purchase price, negative goodwill (also called badwill) arises. When negative goodwill arises, GAAP requires that it be allocated to.
Effect of cash dividend and stock split - affect Indigo Inc.'s total assets, liabilities, and stockholders' equity
Determine the amount of the bundled product sell price that should be allocated to each individual software item using the incremental method with individual sales items ranked as follows: (1) word processing (2) spreadsheet (3) accounting.
iguchi company sells a single product. iguchi estimates demand and costs at various activity levels as followshow much
Medical laboratories. Inc. produces an antibiotic product in its three producing departments. The following quantitative and cost data have been made available.
1. one of the principal costs for governmental entities are employee pensions and medical benefits. what are the
the boat company makes 20000 props per year that they sell for 30 per prop. the unit product costs of the props are
ki corporation produces 10000 units of k101 each week for use in the assembly of its finished products. the unit cost
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