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Next year's sales forecast shows that 22,592 units of Product A and 11,742 units of Product B are going to be sold for prices of $5 and $34, respectively. The desired ending inventory of Product A is 20% higher than its beginning inventory of 3,011 units. The beginning inventory of Product B is 2,576 units. The desired ending inventory of B is 2,938 units. What is the forecasted sales in dollars for next year?
Do you believe variance analysis is a good gauge for managers to keep controls over poor quality materials, excess material usage, excess labor usage, etc....? Also, why would different companies have different measures for a balanced scorecard?
On July 1, the Watson Shoe Store paid $6,000 to Ace Realty for 4 months rent beginning July 1. Prepaid rent was debited for the full amount. If financial statements are prepared on July 31, the adjusting entry to be made by Watson Shoe Company is ..
Pete Hanshew begins business as a real estate agent with a cash investment of $15,000 in exchange for common stock.
stephen bosworth a super salesman contemplating retirement on his fifty-fifth birthday decides to create a fund on an 9
Is there an advantage to either method of filing? If they postpone their wedding until the January date and file as single persons, will they reduce their tax bill for 2004?
the tippa canoe company makes fiberglass canoes. the fiberglass resin is initially molded to the shape of a canoe then
An auto manufacturer would classify vehicles in various stages of production as:
Prepare the incremental analysis for the decision to make or buy the lamp shades. Should shannon Inc buy the lamp shades.
andover corporation has been using the fifo cost flow method during a prolonged period of inflation. during the same
the following classified balance sheet has numerous errors. indicate the errors in this balance sheet by preparing a
selected information from the separate and consolidated balance sheets and income statements of palo alto inc. and its
Two parents have decided to establish an investment program. They estimate it will cost $40,000 per year for four years. Their investment program will earn them 10 % over the years. How much do they have to deposit for a lump sum?
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