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The following department data are avalable :
Total materials costs $ 120000equivalent units of materials 60000total conversion costs $ 70000Equivalent units of conversion costs 30000
what is the total manufacturing cost per unit?
a. $ 2.00
b.$2.33
c.$ 4.33
d.$ 2.11
Robert Huft retires in 6 years. He would have to purchase equipment costing $590,000 to equip the outlet. Other outlets in the fast food chain have an annual net cash inflow of about $140,000. Mr. Anders would close the outlet in 6 years. He estim..
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What are some advantage of issuing common stock as opposed to bonds? What are some disadvantages?
Dougherty Company employs 20 individuals. Eight employees are paid $12 per hour and the rest are salaried employees paid $3,000 a month. How would total costs of personnel be classified?
Sonny Bono made an investment on August 1, 2011 which earned $9,000 one year later. If the investment's rate of return was 8%, how much did Sonny invest?
What is the basis for deciding whether to use the spot rate or some other exchange rate when converting a foreign subsidiary's trial balance accounts into U.S. dollars under the temporal method?
Would the answers to Part a change if the accounting firm reimburses Roberta for these expenses?
The expected economic life of the asset is ten years. The lease term is 5 years. The asset is expected to have a residual value of $2,000 at the end of ten years. Using the straight-line method, what would Best record as annual depreciation?
Each year the supervisor prepares an operating budget for the motor pool. The budget informs university management of the funds needed to operate the pool. Depreciation on the automobiles is recorded in the budget in order to determine the costs p..
Rent income should be shown on the income statement : a. Pretax as part of income from continuing operations before tax. b. net of tax as part of income from continuing operations before tax
Explain how adjusting entries provide for potential manipulation by managers. In addition, discuss how compensation arrangements may result in incentives for such manipulation to occur.
Identify two ways to finance the remaining $20,000 you will need, so you can pay all of the liabilities when they are due.
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