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Lindex Company uses a process costing system. The following data are available for one department for October: Percent Completed Units Materials Conversion Work in process, October 1 49,000 90% 65% Work in process, October 31 32,000 69% 49% The department started 395,000 units into production during the month and transferred 412,000 completed units to the next department. Required: Compute the equivalent units of production for October, assuming that the company uses the weighted-average method of accounting for units and costs.
on january 1 2004 digital inc. leased heavy machinery from young leasing company. the terms of the lease require annual
jan contributes property having a 15000 fair market value and an 8000 adjusted basis and also renders legal services
last year 2013 richter condos installed a mechanized elevator for its tenants. the owner of the company ron richter
turiano corporation bases its budgets on machine-hours. the companys static planning budget for november appears
years ago lucas inc. earned 0.50 per share. its earnings this year were 6.20. what was the growth rate in earnings per
1. jackson company is a publicly held corporation whose 1 par value stock is actively traded at 64 per share. the
On April 1, 2004, Norcross Corporation purchased a new machine for $550,000. At the time of acquisition, the machine was estimated to have a useful life of ten years and an estimated salvage value of $25,000.
albertville has a direct labor standard of 2 hours per unit of output. each employee has a standard wage rate of 22.50
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There are 50 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost by (a) the firstin, first-out method, (b) the last-in, first-out method, and (c) the average cost method.
you are hired to review the accounting records of sophia corporation before it closes its revenue and expense accounts
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