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On 1st January 1988 red of quetta consigned to blueof Karachi goods for sale blue is entitled to commission of 6% oninvoice price and 20% of any surplus price realized. Goods costingRs.18000 were consigned to blue of Karachi at invoice price ofRs.22500. the expenses of consignment amounted to Rs.1800 wereincurred by red. On 1st march, an account saleswas received from blue showing that he had affected sales ofRs.18500 in respect of 75% of the quantity of goods consigned tohim. His actual out of pocket expenses were freight in Rs. 180 ,fire insurance Rs.90 and other expenses Rs.230, blue accepted abill drawn by red for Rs.10000 and remitted the balance incash.
Reuired: prepare the consignment account in the books of consigner.
Jon shear expects an investment o $25,000 to return $6,595 annually. his investment is earning 10% per year. how many annually payments will he receive?
Keefe, Incorporated, acquires 70% of George Company on September 1, 2005, and an additional 10% on April 1, 2006. Annual amortization of $5,000 relates to the first acquisition and $3,000 to the second. George reports the following figures for 200..
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Activity-based cost management (ABM) can best be defined as:
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custom metal works produces castings and other metal parts to customer specifications. the company uses a job-order
amounts owed by that are represented by formal contdition for which the outcomes is not known with certainty and
Compute the static budget variances and the flexible-budget variances for variable and fixed costs for the systems consulting department for June 20X1.
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