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Sanchez Manufacturing purchases $45,000 of raw materials on account, and it incurs $50,000 of factory labor costs.Supporting records show that (a) the Assembly Department used $24,000 of raw materials and $30,000 of the factory labor, and (b) the Finishing Department used the remainder. Journalize the assignment of the costs to the processing departments on March 31.
Host Corporation is authorized to issue 800,000 shares of $7 par value common stock. During 2010, its first year of operation, the company has the following stock transactions.
1. what are the four methods commonly used to identify the fixed and variable elements of a mixed cost?2. identify the
cardinals corporation had a 1114 balance in the allowance for doubtful accounts of 20000. during 2014 it wrote off
prepare the following journal entries and answer the questions.descriptionsexplanations are not required for the
Apple Company sold goods on account for 50,000 (L) pounds on November 2, 2006. On that same date, the controller entered into a forward contract to sell the pounds for $1.5920 on March 1, 2007. Apple Company's fiscal year ends on December 31, 2006..
the san carlos company is an electronics business with eight product lines. income data for one of the products xt-107
all purchases are paid as follows 20 two months after purchase 55 in the folowwing month and 25 in the month of
mizzou mining company mines an iron ore called alpha. during the month of december 400000 tons of alpha were mined and
the allocation of indirect costs in an activity-based costing systemmay require other costs to be allocated to
Messersmith Company is constructing a building. Construction began in 2010 and the building was completed 12/31/10. Messersmith made payments to the construction company of $1,000,000 on 7/1, $2,100,000 on 9/1, and $2,000,000 on 12/31. Average acc..
on january 1 2014 farming associates purchased 25 of the outstanding shares of stock of anders corp for 125k cash. the
Compute the new break-even point. What strategies might Boing use to help assure profitable operations in light of increases in variable costs?
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