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BeGone manufactures spray cans of insect repellent. On August 1, 2013, the company had 9,800 units in the beginning WIP Inventory that were 100 percent complete as to canisters, 60 percent complete as to other materials, 40 percent complete as to direct labor, and 20 percent complete as to overhead. During August, BeGone started 81,500 units in the manufacturing process. Ending WIP Inventory included 4,600 units that were 100 percent complete as to canisters, 40 percent complete as to other materials, 20 percent complete as to direct labor, and 10 percent complete as to overhead.
Prepare a schedule showing the BeGone August 2013 computation of weighted average equivalent units of production and cost per equivalent unit.
Cost information for the month is as follows:
Beginning WIP inventory.
Compute the cost of goods destroyed. Compute the cost of goods destroyed, assuming that the gross profit is 25% of sales.
Cisco system has total assets of $35.594 billion, total debt of $9.678 billion, and net sales of $22.045 billion, and net sales of $22.045 billion. Their net profit margin for the year is 20 percent, while the operating profit margin was 30 percen..
the following transactions occurred in april.1 materials purchasednbspnbspnbspnbspnbspnbsp 2250002 materials
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At the date of transfer, Demers records carried the equipment at a cost of $120,000 less accumulated depreciation of $48,000. Straight-line depreciation is used. Demers reported net income of $28,000 and $32,000 for 2006 and 2007, respectively.
Prepare a list of questions you would like to ask to obtain the additional information you would need to make a more thorough analysis.
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