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During the current period, Department A finished and transferred 50,000 units to Department B. Of the 50,000 units, 20,000 were 1/5 complete at the beginning of the period and 30,000 were started and completed during the period. Also during the period, 10,000 units were started but brought only to a stage of being 3/5 completed. If the FIFO method is used and $13,000 of overhead was charged to Department A during the period, how much overhead should be allocated to the ending goods in process inventory?
at december 31 2007 norbett company had 500000 shares of common stock issued and outstanding 400000 of which had been
what is the purpose of bank reconciliation? what are the reasons for differences between the cash reported in the
Common stock balance sheet disclosure
When a company adopts a pension plan, prior service costs should be charged to
The Florida Investment Fund buys 90 bonds of the Gator Corporation through a broker. The bonds pay 8 percent annual interest.
The Bottlebrush Company has income from operations of $95,940, invested assets of $130,000, and sales of $533,000. Round answers to one decimal place.
a manufacturing company prepays its insurance coverage for a three-year period. the premium for the three years is 4500
On January 1, 2013, Subsid had common stock of $260,000 and retained earnings of $400,000. During that year, Subsid reported sales of $270,000, cost of goods sold of $140,000, and operating expenses of $54,000.
Compute the depreciation expense for 2011 and 2012 uder straight-line,units of activity,double-declining balance method.
good internal controls are essential for effective and efficient operations of an enterprise. the downside is excessive
four flags is a retail department store. on january 1 2012 four flags accountants used the following data to develop
overhead activity health insurance premiums. your firm picks up 80 of health insurance for itacirceurotms employees.
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