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1. Proprty taxes on na manufacturing plant are an element of a
Product cost period cost1. yes no2. yes yes3. no yes4. no no
2. The entry to record the acquistion of raw materials on account isa, Works in process inventory, accoutns payableb. manufacturing overhead, raw materials inventory, accounts payablec. accoutns payable, raw materials inventoryd. raw matierals inventory, accounts payable
3.Many companies now manufacture products that are untouched by human hands. What do they use to acheive this ?a, activity based costingb.computer integrated manufacturingc.enterprise resourcing planning systemsd.total quality management systems
4. Which one of the following costs would not be inventoriable?a. period costsb.factory insurance costsc.indirect materialsd.indirect labor costs
hatch company has two divisions o and e. during the year just ended division o had a segment margin of 9000 and
the management of rousseau corporation is considering the purchase of a machine that would cost 340000 would last for 8
Compute the variable cost per unit. Compute how many CDs Spears Music will have to sell in order to break even. Compute how many CDs Spears Music will have to sell in order to make a target net income of $16,200.
on may 1 2014 herron corp. issued 386400 8 5-year bonds at face value. the bonds were dated may 1 2014 and pay interest
Explain the components of cost-volume-profit analysis. What does each of the components mean?
feathers motros advertised three alternatives for purchasing a new camry1 buy the car for zero dollar down and a
Annual common fixed expenses for the company totals $100,000. During the year Greenville Goober sold 35,000 units of Product A and 20,000 units of Product B.
on january 1 2009 carlin corporation issued 2400000 of 5-year 8 bonds at 95 the bonds pay interest semiannually on july
beta corporation purchased 240000 worth of land by paying 24000 cash and signing a 216000 mortgage. immediately prior
Prepare a differential analysis report, dated June 15 of the current year(2009), on whether the equipment should be leased or sold.
Compute the unit cost for each department. Compute the total unit cost for the Milo Company order. The selling price for this order was $14 per unit. Was the selling price adequate? Compute the prime costs and conversion costs per unit for each depa..
Stakeholders seem to expect auditors to detect accounting frauds, and yet auditors' opinions carefully avoid making that claim. If auditors can't deliver on stakeholder expectations, what value do they offer stakeholders?
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