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Van Frank Telecommunications has a patent on a cellular transmission process. The company has amortized the patent on a straight line basis since 2009, when it was acquired at a cost of 9 million at the beginning of that year. Due to rapid technological advances in the industry, management decided that the patent would benefit company over a total of six years rather thanf the nine year life being used to amortize its costs. The decision was made at the end of 2013 (before adjusting and closing entries). T
At the beginning of Month 1, 3,200 lbs. of materials were on hand. Purchases of raw materials for Month 2 would be budgeted to be:
The coupons expire on December 31, 2012. There were 45 million coupons redeemed in 2011, and 30 million redeemed in 2012.What was General's coupon promotion expense in 2011?
back mountain industries bmi has two divisions east and west. bmi has a cost-of-capital of 16.1. selected financial
When owners invest money in their business, the effect on the accounting equation is that the investment: The journal entry to record the payment of wages in the amount of $52,000 to workers could include a:
a manufacturing company prepays its insurance coverage for a three-year period. the premium for the three years is 2700
The budgeted variable manufacturing overhead rate is $4 per direct labor-hour. During July, the company incurred $39,100 in variable manufacturing overhead cost. Compute the variable overhead spending and efficiency variances for the month.
Calculate the product cost per unit for both products using activity-based costing - compute product costs per unit
The company has decided to restructure the operations at one of its stores. As part of this restructuring, the company has determined that the store facility is impaired. The store originally cost $3,000,000 and has accumulated depreciation of $1,..
a data of an small scale business are given as sales 500000 ratio profit volume 50 cost fixed 100000. calculate
on january 1 2011 dean corporation signed a ten-year noncancelable lease for certain machinery. the terms of the lease
toy box inc. is contemplating expanding their sales of their childrens toys. the have an opportunity to stock and sell
corn crunchers has three product lines. its only unprofitable line is corn nuts the results of which appear below for
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