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Question - The following accounts and normal balances existed at year-end. Make the four journal entries required to close the books.
Retained earnings $22,000
Dividends 6,000
Fees earned revenue 90,000
Selling expenses 45,000
Administrative expenses 16,000
Miscellaneous expense 2,300
The finish goods inventory has a beginning and ending balance in units of 300 and 400, How many units should Omega Corporation plan to produce
If the firm purchased and consumed 268,000 pounds in manufacturing (cost = P2,304,800), the direct-materials quantity variance would be figured as
Prepare a Cash Budget for the months of February and March, using the template provided in DocSharing -prepare a Cash Budget for the months of February and March, using the template provided in DocSharing.
Prepare journal entries (and explanations) to record the preceding transactions and events - Basic journal entries
The loader is predictable to have a four-year life and a $20,600 salvage value. Loader costs are recorded in Equipment account. Evaluate what is the journal Entry?
Use the information you have to complete the information that should be in the blue cells. Calculate the breakeven point on the new product
part of your new accountants role will be involved with budgeting for future years. so you can understand where she is
What is the company's break-even point in units and pesos. If the company has a target of 1M, how many units of each type of cooler must be sold
Prepare the Property, Plant and Equipment section of the balance sheet as it would be seen in a classified balancesheet.
Calculate the over/under allocated Fixed Manufacturing Overhead for the month. Calculate the Rate Variance for Fixed Manufacturing Overhead
transferred to the next department during the month. Using the weighted-average method, the equivalent units of production for conversion
One of your MRO suppliers has approached you with solid evidence, what cost avoidance would you report? What cost reduction would you report?
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