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Merlin Company provides the following ABC costing information:
The above activities are used by Departments A and B as follows:
Required:
a. How much of correspondence costs will be assigned to Department B?
b. How much of the total costs will be assigned to Department A?
poplar corp. comparative balance sheets included inventory of 90200 at december 31 2011 and 70600 at december 31 2012.
Consider the following information on a bond for the next 2 problems: Coupon rate = 11% Maturity = 18 years Par value = $1,000. The annual YTM on a bond-equivalent basis is approximately.
Under what circumstances would you not want to normalize a table? Finally, do you feel the advantages of normalization outweigh the disadvantages?
Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $14 of variable costs to make. During April, 1,000 drives were sold.
1.the eg company produces and sells one product. the following data refer to the year just completedbeginning
two divisions of a cmi are involved in a dispute. division a purchases part 101 and division b purchases part 201 from
pnok company has been purchasing a component part q for 18.90 a unit. pnok is currently operating at 70 of capacity and
Paxel owns 80% of Saxel's outstanding common stock. For 2009, Saxel reported $60,000 of net income and declared dividends of $10,000. What amount appears in Paxel's 2009 income statement if Paxel accounts for its investment using the equity method..
Prepare the journal entry to record the sale of the bonds on January 1, 2008, and the proper balance sheet presentation on this date. Prepare the journal entry to record interest expense on December 31, 2008, and the proper balance sheet presentat..
If Wonderful has 29,000 shares of common stock outstanding throughout the year and its Net Income is $12,000 after paying the preferred dividends, what will be the dilutive EPS of Wonderful incorporation under treasury stock method? Round your ans..
Prepare journal entries for the sale of CBs, the estimated warranty cost, and the actual warranty cost incurred.
The building and equipment have a useful life of 20 years. The straight-line depreciation is used. Ignore income taxes. What is t he pay back period? What is the accounting (simple) rate of ret urn?
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