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Question - Your company uses weighted average for inventories (under IFRS). In your company the method is calculated on continuous basis. There are know following information: a. at the beginning of June your company has 180 units of good A measured at 280 USD/unit. b. on June 11th your company purchased 260 units of good A at 290 USD/unit. c. on June 18th your company sold 220 units of good A at 420 USD/unit. The amount 420 USD is selling price of one unit of A. d. on June 26th your company purchased additional 190 of A at 330 USD/unit. Calculate profit/loss on sale?
Lewis Company's standard labor cost of producing one unit of Product DD is 3.60 hours at the rate of $12.00 per hour. Compute the labor price
kelly and chanelle chambers ages 47 and.45 are married and live at 584 thoreau drive boston ma 59483. kellys social
Prepare the journal entry to adjust the Allowance for Doubtful Accounts account at June 30, 1999. Prior to making this adjustment
The current year's taxable income is $800,000. Prepare the journal entry to record income taxes for the year. Show well-labeled computations
Which seems more achievable for a developing country: the elimination of measles and childhood deaths from diarrhea or sustained increases in real GDP per capita? Briefly explain.
Discuss the benefits of performance audit. Support your views by discussing the 2020 Performance Audit findings by the Fijian Office of the Auditor General
Past experience indicates that 30% of the credit sales will be collected in the month of sale and the remaining 70% will be collected in the following month.
on january 1 2011 trillini corporation issued 3000000 of 10-year 8 convertible debentures at 102. interest is to be
prepare the journal entry if any to recordthe impairment at december 31 2010.at december 31 2011 it is estimated that
What are cheverolets 4 main financial statements? Can you show them on a flow chart? What are the expenses and revenues in the Chevy business?
the assembly department uses a process cost accounting system and a weighted-average cost flow assumption. the
Samuels Manufacturing is considering the purchase of a new machine to replace one it believes is obsoletes. The firm has total current assets of $910,000 and total current liabilities of $647,000. As a result of the proposed replacement, the follo..
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