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On January 1, 2012 Lake Corporation increased its management salaries. All other costs and revenues were unchanged. How did this increase affect Lake's break-even point and contribution margin?
if the beginning inventory is understated by 1300 and ending inventory is understated by 700 what would be impact on
graham company purchased a new machine for 2800000. the new machine has an estimated useful life of nine years and the
Describe how costs flow from inventory to cost of goods sold for the following methods: (a) FIFO and (b) LIFO.
at the end of 1999 the total assets of dole corp were 90000 and total liabilities were 50000. the company has been in
John Brown is a PA, but not a partner, with three years of professional experience with lyle and lyle, public accountants, a one-office public accountanting firm. he owns 25 shares of stock in an audit client of the firm,but he does not take part ..
sue electronics makes cd players in three processes assembly programming and packaging. direct materials are added at
the maggie corporation has the following classes of stock outstanding as of december 31 2004 common stock 20 par value
during the current year the harlow corporation which specializes in commercial construction has the following property
the steps in the accounting cycle for a merchandising company are different from the accounting cycle for a service
tessmer manufacturing company produces inventory in a highly automated assembly plant in olathe ks. the automated
jose? purchased a house for 300000 in 2010. he used the house as his per- sonal residence. in march 2013 when the fair
1.Determine the total compensation cost pertaining to the options. 2.Prepare the appropriate journal entry(if any)to record the award of options on January 1,2009.
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