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Question - Machinery purchased for $64,800 by Windsor Co. in 2016 was originally estimated to have a life of 8 years with a salvage value of $4,320 at the end of that time. Depreciation has been entered for 5 years on this basis. In 2021, it is determined that the total estimated life should be 10 years with a salvage value of $4,860 at the end of that time. Assume straight-line depreciation. Prepare the entry to correct the prior years' depreciation, if necessary.
Edison Inc. has annual sales of $49,000,000, or $44,100,000 a day on a 365-day basis. The firm's cost of goods sold are 75% of sales. On average, the company has $9,000,000 in inventory and $8,000,000 in accounts receivable.
Inventories is considered, the cost to carry an inventory jumps to P1.60 per unit. Under these conditions, what would be the Economic Order Quantity?
Describe the impact of regulatory conflicts and overload on the long term attractiveness and global cometitivenessof the U.S. capital markets.
Construct a p chart for the proportion of successful foul shots.- Do you think that the player's foul-shooting process is in statistical control?
Bernard Company manufactures 20,000 units, Should Bernard Company accept the outside company's offer? Why or why not? Show supporting computations.
Net operating income, $30,000; Fixed expenses, $90,000; Sales, $200,000; and CM ratio, 60%. What is the company's total contribution margin
Prepare a flexible manufacturing overhead budget and the actual manufacturing overhead report for month ended November
Monthly demand at each price is 15,000; 25,000; and 40,000, respectively. Monthly projected fixed costs $150,000. Determine the profit maximizing price
What amount company save if company make 10,000 cushions? Assume that HASF furniture Inc., as described, currently purchases the chair cushions
Describe the difficulties associated with each type. What can companies do in order to price products competitively and avoid some of these difficulties?
The variable cost of each window is $205 and of each door is $510. Fixed costs are $1,426,000. Compute the weighted-average contribution margin
What types of companies use job order costing? Please provide at least two examples. What types of companies would use process costing?
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