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Pontiac Company's Division Y had the following historical accounting data per unit based on 6,000 units per period:
Fixed manufacturing costs were $75,000. Pontiac transfers internally from Division Y to Division Z. Pontiac may also sell the transferred units externally for $85 per unit. If Division Y transfers 6,000 units this period at absorption cost plus 10% markup, what would be the unit transfer price?
In the beginning of 2012, Ken Corp changed its salvage value of equipment from 3 to 5 years. The change is material in the financial statements.
klingon company operates a free cafeteria for the benefit of its employees. budgeted and actual costs in the cafeteria
search the internet e.g. a companys website or sec.gov and find an audit report for a companys
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Analysts often take a short cut in estimating a firm's cash from operations: they just add depreciation back to net income. What is the greatest shortcoming of this approach?
hadley inc. makes a line of bathroom accessories. because of a decline in sales the company has 10000 machine hours of
at december 31 2012 redmond company has outstanding three long-term debt issues. the first is a 2045900 note payable
powell co. produces a flashlight that goes through four processes before being transferred to finished goods. in the
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examine the following book-value balance sheet for university products inc. the preferred stock currently sells for 10
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