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Bender Corporation incurs the following annual fixed costs.
Item CostDepreciation ................. $ 34,000Officers' salaries ............ 120,000Long-term lease ............... 42,000Property taxes ................... 9,000
Required
Determine the total fixed cost per unit of production, assuming that Bender produces 4,000, 4,500, or 5,000 units.
It is the end of the accounting period, and your boss asks you to help determine the inventory balance to place in the company's balance sheet. Explain which physical quantities of inventory that you will include, and which you will exclude.
identify and evaluate the issues related to the internally created software for house raising. discuss the potential
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Blaine Inc. shows the following data relating to its pension plan for 2011:
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All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900. The total conversion costs for the period were:
Assess the importance of free cash flow in a growth company. Provide a brief scenario of a specific type of business that would benefit from free cash flow.
NON-MONETARY STOCK TRANSACTION
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The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 28, 2006. The February 28, 2006, bank statement and the February T-account for cash showed the following (summarized):
Post to the stockholders' equity accounts. Prepare the paid-in capital section of stockholders' equity at December 31, 2006.
Prepare a schedule of cost of goods manufacturing for the company for the month. Left align all rows for formatting purposes.
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