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Question - The Finley Company plans to produce 25,000 units during July. It plans to sell 26,000 units in July. Each unit of finished product requires 2 pounds of direct material X. This direct material costs $4 per pound. The July 1 inventory of X is 2,000 pounds, and the desired July 31 inventory of X is 1,000 pounds. Find the cost of material X purchases in July?
at the vicksburg company actual sales are 1200000 and break-even sales are 840000. compute a the margin of safety in
Casso limited has an option to purchase new car for the use from a bank on loan for Rs. 100,000 with 16% interest payable annually and the principal is repayable in full at the end of four years.
At the end of the current year, $11,760 of fees have been earned but have not been billed to clients. Journalize the adjusting entry to record the accrued fees
The fair value of the options, estimated by an appropriate option pricing model, is $3 per option.
the treasury department issues two types of regulations interpretative and legislative. compare and contrast
Prepare in general journal form the work paper entries necessary because of the intercompany sale of land in the consolidated financial statements work paper
At what selling price per unit would the company be as well off upgrading the computers as if it just sold the computers in their present condition?
Cordova Tools has bonds outstanding during a year in which the market rate of interest has risen. If Cordova has elected the fair value option for the bonds, will it report a gain or a loss on the bonds for the year? Explain.
Calculate the cash balance in Birr available at the company bank account assuming that there is no withdrawal except payment for purchase during the month
using the financial statementsof landrys restaurants located in appendix a back matterof the text fundamentals
Hanno had the following static budget for March. What is the volume variance for variable costs? What is the flexible budget variance for variable costs?
1. computer equipment was acquired at the beginning of the year at a cost of 65000 that has an estimated residual value
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