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Inventory & Cost of sales
During 2003, Cramer Sales sold 180 units @ $320 each. Cash selling and administrative expenses were $15,000. The following info available: Beginning inventory 30 units @ $180 each, Feb.3 - 60 units @$190 each, June 2 - units @$220 each and Oct 1 - units @$230 each.
Need to determine amount of cost of goods sold using: FIFO, LIFO and weighted average.
Locate an article from a financial periodical from the past two years about a company that restated its financial statements due to an error in accounting principle. Examples of periodicals are CFO and Journal of Accountancy.
calculation of amounts used in accounting equation.1. fongs medical supplies has assets equal to 123000 and liabilities
Year-to-date revenues are $702,498 and year-to-date expenses are $618,207. What is the total value of Sam’s permanent equity accounts as of June 30th?
Show which of the above activities would be viewed as value-added in the eyes of Prince Insurance's Customers. Give reasons for your answer and explain the value and non value added in the activities of insurance business.
the records of filippis company indicate a march 31 cash balance of 10806.05 which includes undeposited receipts for
find you have check #1234 for $15.00, #1235 for $9.23, and #1236 for $22.50 and two deposits of $123.56 and $156.78 as outstanding. What balance should appear in your checkbook register?
Celeste contributed business-related assets valued at $250,000 (basis of $100,000) in exchange for her 50% interest in the Celestine Partnership.
Compute the Variance analysis of direct Materials - Find Rex's direct materials price variance
Difference between financial accounting and managerial accounting.
compute the number of orders placed in the month of january and cash collected in the month of april as details
Auditors found out that Campbell was delaying expenses to creditors at year end and selling inventories as huge discounts in order to recover cash flows.
Fortress Inc. manufactures pistons for custom motorcycles within a relevant range of 300,000 to 375,000 pistons per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Complete the cost schedul..
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