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Problem
Pacific Ink had beginning work-in-process inventory of $861,960 on October 1. Of this amount, $351,920 was the cost of direct materials and $510,040 was the cost of conversion.The 54,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 114,000 units were transferred out and 36,000 remained in ending inventory.The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $2,721,900 for direct materials and $3,478,200 for conversion.
Compute the cost of goods transferred out and the cost of ending inventory using the FIFO method.
Compute the return on common stockholders' equity for both years. Compute the debt to assets ratio for both years
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Hello, I am writing a paper about financial analysis for Berkshire Hathaway. If you can gather this information for me it would really help.
The investor must decide among an apartment building, an office building, and a warehouse. What is the expected value of perfect information in this problem
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HI6026 Audit, Assurance and Compliance Assignment. For each situation, identify and evaluate any threats in relation to auditor independence
ellen converted her personal residence to rental property. her basis in the entire property was 45000 and 5000 of this
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