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Athens Company processes 15,000 gallons of direct materials to produce two products, Product X and Product Y. Product X sells for $8 per gallon and Product Y, the main product, sells for $100 per gallon. The following information is for August: -----------Production------sales------Beginning inv------Ending inventory Product x: 4375----------4000------------0-------------------375-- product y: 10000---------9625-----------125----------------500-- The manufacturing costs totaled $30,000. What is the byproduct's net revenue reduction if byproducts are recognized in the general ledger during production and their revenues are a reduction of cost?
Charles River Company has just sold a bond issue with 10 warrants attached. The bonds have a 20-year maturity, an annual coupon rate of 12.0 percent, and they sold at their $1,000 par value.
glaser health products of ranier falls georgia is organized functionally into three divisions operations sales and
NBS, Inc. is a technology consulting firm focused on Website development and integration of Internet business applications. The president of the company expects to incur $719,600 of indirect costs this year, and she expects her firm to work 8,000 ..
Catalina works for a regional sales branch of a large pharmaceutical company. Individual employees as well as individual goals, he or she receives a large bonus check at the end of the year.
Mallard Incorporated (MI) is a small manufacturing company that makes model trains to sell to toy stores. It has a small service department that repairs customers' trains for a fee.
matt recently deposited 25750 in a savings account paying a guaranteed interest rate of 4.80 percent for the next 10
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wally warble makes wall units. for the year the details have been budgeted output is 10000 units and factory overhead
balance sheet data for the dover hot tub company on december 31 the end of the fiscal year are shown at the top of the
Journalize the entry to record the issuance of the installment notes and journalize the first annual note payment
capital city corporation uses the conventional retail inventory method to determine its ending inventory at cost. the
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