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On the basis of given data of the Star Industries Sales = $ 100000, Variable cost = $ 75000 and fixed cost = $ 20000, Find the BEP, Margin of safety and margin of safety ratio.
Determine the prorated amount of the over-applied factory overhead that is chargeable to each of the accounts and prepare the journal entry to close the credit balance in Under- and Over-applied Factory Overhead.
Dance Company has $250,000 of bonds outstanding. The unamortized premium is $3,600. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption?
Moon Shoe Factory is an investment center and is responsible for all of their net income and the use of their assets. In 2012, the invested assets totaled $475,000 and net income was $115,000.
A candy factory's employees work overtime to finish an order that is sold on February 28. The office sends a statement to the customer in early March and payment is received by mid-March. The overtime wages should be expensed in ??
the confectioners corner inc. would like to buy a new machine that automatically dips chocolates. the dipping operation
control activities in payroll processing as part of the audit of manor company you are assigned to review and test the
Susan sweets is a 40 percent shareholder in acclaim inc. a theatrical supplies company. She transfers a fully depreciated car with a value of $2,000 to the corporation, dut does not receive any consideration for it.
As a result, the bank decided that the loan was impaired. If the loss is estimated to be $225,000, what entryies should National American Bank make to record this loss?
Globe uses a traditional costing system and assigns overhead based on direct labor hours. Each unit of B2 would be assigned overhead of:
larry and jessica form the lampj prtnership. larry contributes property with an adjusted basis of 70000 a fair market
western states had revenues of 450000 in march. fixed costs in march were 273360 and profit was 32640.a.what was the
Describe the key internal control structure policies and procedures related to Grant's property, equipment, and related transactions (additions, transfers, major maintenance and repairs, retirements, and dispositions) that Harris may consider in a..
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