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Johnson Corporation had beginning inventory of $20,000 at cost and $35,000 at retail. During the year, it made net purchases of $180,000 at cost and $322,000 at retail. Johnson Corporation made sales of $300,000. Assuming a price index of 100 at the beginning of the year and 110 at the end of the year, compute Johnson Corporation's ending inventory at cost using the dollar value LIFO retail method.
a responsibility accounting system is designed to measure the performance of managers in terms of uncontrollable costs.
your friend jose is trying to decide whether to buy or lease his next vehicle. he has gathered information about each
Dixie Corporation distributes $31,000 to its sole shareholder, Sally. At the time of the distribution, Dixie's E&P is $25,000 and Sally's basis in her Dixie stock is $10,000. Sally's basis in her Dixie stock after the distribution is ??
retirement planning analysis. provide your computations or explanations where appropriate. give your answers to the
colie company had an increase in inventory of 120000. the cost of goods sold was 490000. there was a 30000 decrease in
auerbach enterprises manufactures air conditioners for automobiles and trucks manufactured throughout north america.
martinez companys relevant range of production is 7500 units to 12500 units. when it produces and sells 10000 units its
evaluate the methodology for assessing the execution of a balanced scorecard system. Describe the techniques you would employ to determine the effectiveness of a balanced scorecard in your organization.
what are the components of a budget? are they the same for every organization? why or why not? should every
brummitt corporation has two divisions the baj division and the cbb division. the corporations net operating income is
On that date, when the market price of Matile was $14 per share, there were 270,000 shares of Stinson outstanding. What gain and net reduction in retained earnings would result from this property dividend?
The Nut House sells almonds, cashews, and pistachios. They sold 10,000 cans last year. Pistachios outsold cashews by a margin of 2 to 1 in cans. Sales of almonds were half the sales of cashews in cans. Fixed cost for the Nut House are $20,000.
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