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Using the following data, calculate the beginning work in process inventory.
Cost of goods sold .......... P70
Direct labor ................ P20
Direct materials ............ P15
Cost of goods manufactured .. P80
Work in process beginning ...... P25
Finished goods ending ....... P15
Manufacturing overhead ...... P30
Problem 1: The ending work in process inventory is:
a. P10.
b. P15.
c. P55.
d. P25
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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