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Problem - BMW Inc. adds materials at the start of the process. The following information is available for the month of December 2012:
Work in process, 12/1/2012 700 (35% complete as to conversion cost)
Units started in December 2,000
Work in process, 12/31/2012 (30% complete as to conversion cost) 300
Required - What are the equivalent units of production for the month of materials in December 2012 using FIFO?
A new project being considered would require an investment of $15,000 and would generate annual net operating income of $3,000. What is the residual income of the new project? A) 20.8% B) 20% C) ($150) D) $300
Develop and explain an argument either for or against the use of absorption costing in a manufacturing, service and retail companies?
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The bonds were sold for $861,600 to yield 10%. Using the effective-interest method of amortization, interest expense for 2012 is ?
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Determine A typical monthly net income for the business and The contribution margin per pizza and A unit variable cost and The contribution rate
The beginning inventory for Packaging consisted of 10,000 units that were 50% complete as to conversion costs and fully complete as to materials and journalize the October transactions.
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Accrual and Cash Basis Revenue
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