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Question - LookAtMe Camera has a fiscal year of December 31. In December 2020, as a special promotion, LookAtMe sold a digital camera (retail price $220), a digital photograph printer (retail price $120), and an extended warranty contract for each (total retail price $60) as a package for a special price of $350. The promotion also included free three month financing, so cash from these sales is received in 2021. The extended warranty covers the period from 2021 through 2022. The company sold 100 of these camera-printer packages, and customers took delivery of the products in December 2020. How much revenue will be recognized from the sales of the 100 packages for the fiscal year ending December 31, 2020?
Which of the following control tools links a restaurant's suppliers and receiving staff, ensuring that the proper quality of products is available for food production and service? A formula for producing a food and beverage item is called
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Company XYZ produces three products; p1, p2, and p3. The sales department has projected that we can sell 15,000 of p1 and p2 and 22,500 of p3. The company wants an ending inventory of each equal to 10% of sales. Current inventories are at 1300..
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Prepare the journal entry to record their issuance.
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win corporation sells a single product. budgeted sales for the year are anticipated to be 675521 units estimated
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