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My company sells household cleaning products. The research department has developed a new cleaner for which a standard cost must be determined. The new cleaner is made by mixing 18 quarts of triphate solution and 8 pounds of sobase granules and boiling the mixture for several minutes. After the solution has cooled, 4 ounces of methage are added. This recipe produces 15 quarts of the cleaner, which is then packaged in one-quart plastic dispenser bottles. The raw materials costs are:
Using the preceding data, calculate the raw material cost for one bottle of new cleaner.
Supplement Under the gross method of recording sales discounts discussed in this chapter, is the amount of sales discount taken recorded.
your uncle is working in a company managing their investment center. you approach him with the sales of a large piece
passive action had sales of 360000 during the current period and a gross profit rate of 40. the companys cost of goods
Why is it difficult to develop accounting reporting categories that are uniform for governments within the same type of entity (e.g. cities) and even more difficult to develop them for governments within different types of entities
some accountants argue that variances should be written off directly to cost of goods sold. regardless of materiality
on december 31 2010 dow steel corporation had 800000 shares of common stock and 300000 shares of 8 noncumulative
june sales were 5383 while projected sales for july and august were 6746 and 7404 respectively. sales are 30 cash and
Compute equivalent units of production for materials and for conversion costs and determine the unit costs of production and show the assignment of costs to units transferred out and in process.
guillermo furniture a company that manufactures mid-grade and high-end sofas has just hired you as an accountant. the
1 sylvia wants to order nine coffee mugs with writing that says better to remain silent and be thought a fool than to
beginning three months from now you want to be able to withdraw 2500 each quarter from your bank account to cover
calculate pv ratio and break even point in sales with the use of pv ratio from the per unit figures mentioned below
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