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During september stutzman corporation incurred 94000 of actual manufacturing overhead costs. During the same period the manufacturing overhead applied to work in process was 88000. The journal entry to record the incurrence of the actual manufacturing overhead costs would include ?
A company regularly sells its receivables to a factor who assesses a 2% service charge on the amount of receivables purchased. Which of the following statements is true for the seller of the receivables?
1.a company is contemplating investing in a new piece of manufacturing machinery. the amount to be invested is 150000.
Explain to Kelly Corporation's president how the amount of its recognized gain or loss on the distribution and the shareholder's basis for the land are determined.
the east company manufactures several different products. unit costs associated with product ord203 are as
What are several conditions that can lead to fraud and to what type of fraud can they lead? Describe the source documents and controls that would be included in a typical production cycle.
Rodriguez corporation issues 19000 shares of its common stock for $152,000 cash on february 20. prepare journal entries to record this event under each of the following separate situations
A corporation has 50,000 shares of $100 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number of shares outstanding after the split will be 200,000 shares.
Show a example formula of total revenue of 800,000, expense of 200,000 for tax purposes, and depreciation expense of 130,000 for reporting purposes, the tax rate is 34 percent.
norris company issued 10000 shares of 1 par common stock for 25 per share during 2010. the company paid dividends of
during 2002 real gdp in japan rose about 1.3 percent. during the same period retail sales in japan fell 1.8 percent in
guab corporation purchased a machine at a total cost 400000. it has a useful life of seven years or 25000 hours of
at the end of 2012 sorter company has accounts receivable of 882520 and an allowance for doubtful accounts of 41880. on
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