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China Pacific Company manufactures a variety of natural fabrics for the clothing industry in a neighborhood of Shanghai. The following data pertain to the month of October 2005. WIP inventory, October 1 25,000 units DM: 60% complete$57,000 Coversion: 30% complete$45,000 Costs incurred during October DM:$736,000 Conversion:$1,094,950 During October 175,000 units were completed and transferred out. At the end of the month, 30,000 units (direct materials 80 percent complete and conversion 40 % complete) remain in WIP inventory. 1. Calculate EU, cost per EU, cost of units transferred out, and cost of WIP ending inventory?
Computation of cash conversion cycle from income statement and balance sheet and Evaluate Hopewell's cash conversion and Give an interpretation of the value computed in (a).
How does Disney describe cash and cash equivalents
You can purchase the equipment through the dealer's finance company over time and it will cost an additional $12,000 in interest. Illustrate what is the effective annual interest rate you will be paying using each of the following methods?
What exact labor and overhead costs would be incurred, both before and after split off point? Again, be precise here in terms of what you believe would need to be incurred.
The cost for direct labor is $25 per direct labor hour and the cost of the direct materials used by Job 542 is $1,200. What was total cost of Job 542 if Bond Industries used the departmental overhead rates to allocate manufacturing overhead?
A recent newspaper article describing no-frills fitness centers indicated that a Snap Fitness site might require only 300 members to break even. Using the information provided above, and your knowledge of CVP analysis, estimate the amount of vari..
At the end of the month, $25,000 of inventory is on hand. Explain how much shrinkage occurred during the month?
financial statements of the subsidiary and the parent are consolidated.
Property, plant, and equipment is normally audited in a different manner than current asset accounts. Why is this so? Discuss differences in how property, plant, and equipment is audited compared to current assets.
Create the journal entries needed on the books of Seminole Company to record the subsequent. (Round answers to 0 decimal places, e.g. $38,548. Credit account titles are automatically indented when amount is entered.
The total cost was $20,000, and Anne deducted $13,000 as medical expenses. Find what is Anne's realized gain?
Prepare at least two tables, using Revenue cycle that would be used in a database for accounting cycle.
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