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problem 1: Grandma's cake company expects to produce and sell 50,000 cakes in 2018 for 5.16 each. There are 4,000 caked in beginning finished goods inventory with target ending inventory of 4,000 cakes. The company keeps no work in process inventory. What amount of sales revenue will be reported on the 2018 budgeted income statement
problem 2: Brennen inc planned to use $24 of material per unit but actually used 25 of material per unit and planned to make 2000 units but made 2,400 units. The static budget variance is?
How much will the sales commissions have to be cut in order to meet the earnings target
everly corporation acquires a coal mine at a cost of 400000. intangible development cost total 100000. after extraction
company p owns 80 of company s. on january 1 20x3 company s has outstanding 6 bonds with a face value of 200000 and an
Mary Willis is the advertising manager for Bargain Shoe Store. Compute the current break-even point in units, and compare it to the break-even point in units
Compare the organization's reporting of pledges and contributions with its reporting of exchange transactions. Discuss the funds that are utilized.
Kira Wahlgren acquired 100 shares of stock by gift from her father. Her father paid $1,000 in gift tax on the gift. At the time of the gift, the shares had a fair market value of $60 per share. Her father's adjusted basis in the shares was $90 per..
Determine What is the adjusting? entry and ending balance in the Supplies? account? At the beginning of the? month, supplies were $2,500.
Southeast Corporation made sales of $825 million during 2014. How much was Southeast's net income for 2014? How much was Southeast's cash balance at the end of 2014?
How are the analytical procedures used in an audit engagement? What premise underlies the use of analytical procedures in auditing? What sources of information can an auditor use to develop expectations? Please provide examples.
An impairment occurs and is recognized when the owner of the asset no longer expects to be able to generate returns of cash from the asset sufficient to recapture its recorded net book value.
suppose that ikea the swedish retailer is developing a new chair targeted to sell for less than 100 and it is
with the increasing use of technology in the workplace determine if workplace security is getting easier or more
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