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Fomtech, Inc. had net income of $750,000 based on variable costing. Beginning and ending inventories were 50,000 units and 48,000 units, respectively. Assume the fixed overhead per unit was $.75 for both the beginning and ending inventory. What is net income under absorption costing?
laci inc. is considering two alternatives to finance its construction of a new 2.00 million plant. a issuance of 200000
The materials inventory increased from the beginning to the end of the period by $12,000, while the work in process inventory decreased from the beginning to the end of the period by $5,000. What is the cost of goods manufactured?
What is the maximum percentage of Alpha Corporation's single class of stock that Mariano can sell to a single shareholder without triggering the Sec. 382 loss limitation?
bullidentify when to exclude an item from gross incomebullidentify when receipts can be excluded under the tax-benefit
1. how does a mediator-arbitrator do his or her job?2. what is a private neutral factfinder?3. what is the difference
buzz inc. has 8000 shares of 5 50 par cumulative preferred stock and 50000 shares of 3 par common stock outstanding. no
amanda and chris mcdermott own a small business plastic dollars which produces and maintains stored value cards for
crypton electronics has a capital structure consisting of 41 common stock and 59 debt. a debt issue of 1000 par value
which of the following choices regarding the government-wide statement of net assets is true?a. the government-wide
Write a 200- to 300-word description of the four time value of money concepts: present value, present value of an annuity, future value, and future value of annuity.
Management is disappointed with the company's performance and is wondering what can be done to improve profits. By examining sales and cost records, you have determined the following:
1. avon co. a wholly owned subsidiary of wilson corp. sold goods to wilson near the end of 2013. the goods had cost
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