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Question - On June 1, 2020 Russia Company sold merchandise with a list price of P1,000,000 to a customer. The entity allowed trade discounts of 20% and 10%. Credit terms were 5/10, n/30 and the sale was made FOB shipping point. The entity prepaid P50,000 of delivery cost for the customer as an accommodation. On June 11, 2020, what amount is received from the customer as full remittance?
Use the CPA Way to assess this situation and make a recommendation to the vicepresident of operations of SSV.
If Department K had 2,000 units, 45% completed, in process at the beginning of the period, 12,000 units were completed during the period, and 1,200 units were 40% completed at the end of the period, what was the number of equivalent units of produ..
question 20 figure 4-1. foster company makes power tools. the budgeted sales are 420000 budgeted variable costs are
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vista landscaping uses a job order costing system to track the costs of its landscaping projects. the company provides
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"The production department started the month with the beginning goods in process inventory of $350,000. During the month, it was assigned the following costs: direct materials, $192,000; direct labor, $90,000; overhead applied at the rate of 30% o..
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