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Question - South Company has total budgeted fixed costs of P75,000, Actual production of 19,500 units resulted in a P3,000 favorable volume variance. What normal capacity was used to determine the fixed overhead rate?
wind fall a manufacturer of leaf blowers began operations this year. during this year the company produced 10000 leaf
Butterfly Corporation common stock with a fair market value of $1,000,000. What is Bob's recognized gain on the exchange
lakeside inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product
Sales for the quarter, all at $9 per unit, totaled 18,000 units leaving 14,000 units on hand at the end of the quarter. Calculate Topanga cost of goods sold
Stellar Company uses a periodic inventory system. Compute the April 30 inventory and the April cost of goods sold using the FIFO method
if the program services expenses category includes both directly related costs and indirect costs allocated to it why
Van Way, Inc. specializes in selling used SUVs. During the first six months of 2011, the dealership sold 100 trucks at an average price of $10,000 each.
1.Describe the purpose of each of the five primary financial statements.
All revenue and expenses other than depreciation will be received and paid in cash. Compute the following for this proposal
what circumstances lead to the recording of a deferred tax asset.
Sage Company had a $300,000 balance in Accounts Receivable on January 1.The balance in Allowance for Bad Debts on January 1 was $36,000. Sales for the year totaled $1,700,000. All sales were credit sales.
you go to paylate to buy an appliance. paylate tells you that if you pay now you will get a discount of 20 off the list
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