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The Columbus Company has three departments A,B, and C. Material requisitions amounted to $10,000, 8000, and 5000, respectively, for departments A, B and C. In addition $2000 of indirect materials were used during the period. What is the entry to record the materials used during the period?
a) Work in process
Materials - Department A
Materials - Department B
Materials - Department C
b) Work in process - Department A
Work in process - Department B
Work in process - Department C
Factory - overhead
Materials
c) Work in process
Factory overhead
d) Work in process Department A
Work in process Department C
If projected net cash flow for February is ($15,000); beginning cash balance is $6,000; minimum cash balance is $5,000; beginning loan balance is $8,000, what will be the cumulative loan balance at the end of March?
What are the main business benefits of the collaboration technologies described in the case? How do these go beyond saving on corporate travel? Provide several specific examples.
The 100-room limited service Pepper Inn has an ADR of $80 and variable cost per room sold of $15. Assume there is no other sales activity. Its monthly fixed cost total $100,000. How many rooms must be sold to break even?
"Stan, who can barely pay his bills as it is", shouldn't have lost all that money. He is going to have to sell his car, I guess?? What should Art Heyman do in this situation? Discuss the auditor's options.
During the month of September, Norris Industries issued a check in the amount of $859 to a supplier on account. The check cleared the bank during September.
Questions on construction costing and accounting - complete the project. Using the percentage-of-completion method, Indiana
Compute cost of goods manufactured and cost of goods sold - Flow of costs through a manufacturers inventory account
generate, evaluate and use quantitative and qualitative information to measure financial and non financial performance of an organisation.
What is the maturity value of the bonds, what is the carrying amount of the bonds on December 31, 2012 and what is the annual cash interest payment on the bonds?
The exchange is deemed to lack commercial substance. The fair value of the truck received was $45,000. Illustrate at what amount should Escape record its new tractor?
Prepare the general journal entry for the employer's payroll liability. Prepare the general journal entry for the employer's payroll tax liability.
southland industries has 60000 at 16 annual interest bonds outstanding 1500 shares of preferred stock paying an annual
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