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Direct material $10 direct labor 20 variable manufacturing costs per unit 5 total variable manufacturing cost per unit $35 Fixed manufacturing overhead per year 100,00 Fixed selling and administrative expense per year $200,000
Question: Assume that Ajax produces 10,000 items and sells 8,000 items. In this case, the full costing value of ending inventory is?
From the trial balance and other information given, prepare annual adjusting entries as of December 31, 2014 and prepare an income statement for 2014 and a classified balance sheet
Find Gregson ending inventory using absorption costing and evaluate Gregson ending inventory using variable costing?
Find the contribution margin ratio, Break even point and Margin of Safety and number of units sold to earn targeted profits and evaluate the company's contribution margin ratio?
balance in parchments investment in silky account.onnbspjanuary 1 2009 parchment co. owned 85 of the common stock of
Based on this information what amount can Katie claim as a tax deduction for the year ended 30 June 2014? Will she have to include any amount in assessable income? Support your discussion with reference to appropriate authority.
Briefly describe when petty cash fund should be replenished. Because there is cash on hand, is there a need to replenish the fund at year end on December 31? Explain.
How many units of each product could it produce in order to maximize operating income
In its applicable financial statements, Orange reported $4,000 in 2009, $24,000 in 2010 and $20,000 in 2011 as gross revenues. Explain how much of the $48,000 must Orange recognize for federal tax purposes in 2009, 2010 and 2011
Calculation of free cash flow for Cade. and How much cash did Cade pay to vendors for inventory during the period and How much cash did Cade pay in income taxes?
What the bookkeeper did was definitely unethical. But what if one of her grandchildren had been ill and needed an expensive operation?
Would a merger or acquisition affect Mr. Jones’ ability to change Smithon’s fiscal year-end to a calendar year-end? Could Smithon be converted to an S corporation?
What is the cost of the inventory at January 31, 2009 under the FIFO method? W hat is most likely explanation for the fact that only 145 cordless screwdrivers were actually counted?
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