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Question - Microso? lends $10,000,000 for small projects in rural areas of India. The loan has to be refunded at 8.5% interest rate compounded annually. Repayment should be made in such a way that an amount A must be paid for the first 8 years, amount 3A for next 5 years and amount 5A for remaining years, keeping the interest rate 8.5%. Total time period for which the loan is allotted is 20 years. Find the value of A and draw cash flow diagram.
The company's manufacturing overhead costs for the year are expected to be $720,000. Using the company's conventional costing system
What are three categories of inventories commonly found in many manufacturing companies are? Direct materials, work in process, and finished goods.
How do numbers relate to the total direct manufacturing labor efficiency variance? Calculate the total direct manufacturing labor mix and yield variances.
Prepare an adjusted trial balance as of December 31, 2011 and prepare an income statement for the three months ended December 31, 2011
Prepare Cost of Goods Manufactured Statement. Compute the number of units and cost of units in the finished goods inventory at the end of the year.
The cost of replacement light bulbs on campus would be a direct cost to a college but would need to be allocated as an indirect cost to
At which time it is expected to have a salvage value of $6,000. Year 4 depreciation expense using the double-declining balance method is closest to
How does cost accounting differ from financial accounting and how, if at all, does the difference impact the ethics involved in serving in either role?
1. discuss the relationship between the current ratio and the quick ratio.2. give three reasons the ratio of days of
How much income must Floyd report in total on this sale in the second year?
Prepare T-accounts to show the flow of costs during the period. Issued $2,200 in supplies from the materials inventory to the production department.
The used equipment can be sold today for $3.8 million, and its tax rate is 25%. What is the equipment's after-tax net salvage value
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