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Fine Pottery Processors manufactures two products, platters and tureens, from a joint process. Platters are allocated $5000 of the total joint costs of $29059. There are 1,500 platters produced and 1,500 tureens produced each year. Platters can be sold at the split-off point for $11 per unit, or they can be processed further into a deluxe platter for additional processing costs of $4924and sold for $15 for each deluxe platter.
What is the difference in operating income by processing the platters further versus selling them off at the split off point? If income is higher by processing the platters further, input your number as a positive number. If income is lower by processing the platters further, input your number as a negative number.
Identify some additional control procedures that the company might implement to reduce the monthly loss from theft of office supplies by employees.
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Computer inc purchase supplies for $1000 doing 2102, at the end of the year computer had $800 supplies left. The adjusting entry should be ?
A gain from changing an estimate regarding the obligation for pensions and other postretirement benefit plans will:
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