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Pasquale Products Co. has two departments: Mixing and Cooking. At the beginning of the month, Cooking had 4,000 units in process with costs of $8,600 from Mixing, and its own departmental costs of $500 for materials, $1,000 for labor, and $2,500 for factory overhead. During the month, 10,000 units were received from Mixing with a cost of $25,000. Cooking incurred costs of $4,250 for materials, $8,500 for labor, and $21,250 for factory overhead, and finished 12,000 units. At the end of the month, there were 2,000 units in process, one-half completed.Required:(Round unit costs to three decimal places.)1. Determine the unit cost for the month in Cooking. $ per unit2. Determine the new average unit cost for all units received from Mixing. $ per unit3. Determine the unit cost of goods finished. $ per unit4. Determine the accumulated cost of the goods finished and of the ending work in process.Accumulated cost of the goods finished is $Accumulated cost of the ending work in process is $
Compute the Company's EVA for 20X4 and 20X5. Compare the company's performance in creating value for its shareholders in 20X5 with that in 20X4.
how much liability for outstanding premiums should be recorded at the end of 2008?
Assume that the brand manager forecasts upcoming sales of SUSI to be 150,000 units, and that there are 35,000 units of SUSI in inventory
Record the transactions on page 8 of a general journal. You can Omit descriptions. You can use any General Journal template or the one attached.
Record the journal entries for each year using the % of completion method. Show the partial accounts on the December 31 balance sheet for each year. Show the January 1 to Dec 31 Income statement for each year.
On August 1, 2010, Dambro Co acquired 200, $1,000, 9% bonds at 97 plus accrued interest. The bonds will be added to Dambro's available for sale portfolio. The bonds were dated May 1, 2010, and mature on April 30, 2016, with interest paid each October..
The town of Seaside has decided to construct a new sea aquarium to attract tourist. The cost of the measure is to be paid by a special tax. Although most of the townspeople believe the sea aquarium is a good idea, there is disagreement about how t..
If the standards are set in a process that often results in compromise between different parties, do the qualities of accounting information provide much value? How?
A company grosses $100 million per year and shows a 12 percent profit. It hires a security director, a security staff, and security equipment, which costs the company $2 million per year but reduces its losses, or "shrinkage," from 9 percent to 5 ..
Your company is in financial trouble and is in the process of reorganizing. Your manager wants to know how you will report on restructuring the debt. Use the following information to help with this assignment. Prepare journal entries for debt rest..
Pierre Imports will be liquidated. Its current balance sheet is given below. Fixed assets are sold for $900,000 and current assets are sold for $700,000.
Provide and show all answers and step by step work to obtain the answer, not skipping any steps. Show all equations, acronyms (ie ETC, ACWP, etc), and if applicable, a description of how you came to the answer.
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