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Over the past few years Microsoft founder Bill Gates's net worth has fluctuated between $20 billion and $130 billion. In 2010 Gates was worth about $28 billion after he reduced his stake in Microsoft from 21 percent to around 14 percent by moving billions into his charitable foundation. Let's see what Bill Gates can do with his money in the following problems.
Alapai Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: What was the total of the var..
slip systems had no prior short-term investments prior to 2013. it had the following transactions involving short-term
The manufacturing costs for 40,000 units are: direct materials $900,000; direct labor $450,000; variable overhead $900,000; and fixed overhead $750,000. All costs except $500,000 in fixed overhead will be avoided if the parts are purchased.
Create the Journal for the transactions and Post these to the T-accounts, create the Unadjusted trial balance and make the necessary Adjusted journal entries
product a has a contribution margin per unit of 500 and required 2 hours of machine time. product b has a contribution
What is the book value at the end of years one and two using the 150%declining balance method?
utumn cove inc. has 2010 in the december 1 balance of the accounts receivable account consisting of 880 from the
Professor Andy Accrual works for a big state university. The state has negotiated a set of special airfares with various airlines for state employees to use when traveling on state business.
petes pet products is a sole proprietorship owned by pete thompson. the store provides a full-line of pet products
superior camera shop began using the dollar-value lifo method in 2006 when its ending inventory was costed at 50000.
annual fixed costs of 4000000 and variable costs of 400 per unit and estimates that it can sell 40000 pumps annually
the books of seal company a calendar year taxpayer had assets and related information as detailed below as of december
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