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Organizations must follow GAAP or IFRS with respect to financial accounting in order to provide accurate, transparent and consistent.financial information. Managerial accounting has no such standards. Therefore, is managerial accounting information unrealiable and not to be trusted?
pietros pizza has established the following standards for making one pizza dough nbspnbsp 0.65 pounds at 1 per pound
Prepare the entries to record the issuance of the bonds and the first semiannual interest payment assuming that the company uses effective-interest amortization.
On June 30, 2009, half the bonds were converted when Blair's common stock had a market price of $30 per share. What journal entry should Blair make record when recording the conversion?
Using least-squares regression, estimate the variable cost elements of monthly car wash costs.
betty incurs the following transaction during the current year. without considering the transaction her 2013 agi is
Calculate the combined pre-determined OH rate using (1) units of production (2) machine hours: 40,000 machine hours, variable mfg OH $80,000, Fixed mfg OH $325,000. The company expects to produce 10,000 units and each product requires 4 hours of m..
cody is planning a healthy fast food menu for a group of children for pet day at the elementary school. as a nutrition
paymore products places orders for goods equal to 80 of its sales forecast in the next quarter. the sales forecasts for
Sales revenue for 2008 was $1,000,000 of which 80% was on credit. Historical data indicates that 3 percent of gross credit sales prove uncollectible. (As such 3% of gross credit sales is their accounting policy) What should the balance in the allo..
The Footwear Department of Lee's Department Store had sales of $188,000, cost of goods sold of $132,500, indirect expenses of $13,250, and direct expenses of $27,500 for the current period. The Footwear Department's contribution to overhead as a p..
a large corporation recently reported the following amounts on its year-end balance sheets20072008accounts
Electricity to run production equipment - Operation of factories
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