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Problem - Stargazer Co. have two items that are under evaluation for possible year- end adjustments. (1) Purchase with supplier invoice dated Dec. 30, 2020 - P120,000. This was shipped FOB shipping point, freight prepaid. Freight costs P5,000. The purchase was recorded but the freight was not. (2) A purchase return of P20,000 was made but not recorded. If the correct ending inventory is P200,000 and the cost of goods sold before adjustments is P5300900, what is the correct cost of goods available for sale?
Compute the materials price variance, the materials quantity variance, the total materials variance. Indicate whether the variance is favorable or unfavorable
The Theater Arts Guild of Dallas employs five people in its Publication Department. What additional considerations might factor into the decision making?
what was the average cost per public school student reported as of june 30 2011 what is the states primary governments
Tonya, who lives in California, inherited a $100,000 State of California bond in 2019. Which investment will provide the greatest after-tax yield
delmar manufacturing is considering three different prices for the new personal digital planner 75 65 and 55. variable
Keshara has the following net § 1231 results for each of the years shown. What would be the nature of the net gains in 2018 and 2019
Received for P110,000 and it remits P70,000 in cash to the home office. What is the correct Home Office account balance on the records of the branch?
Taking a value-chain approach (by considering distribution, marketing, and after-the-sale costs), determine whether or not germain be processed into geraiten
Assuming that $150,000 will be distributed as a dividend in the current year, how much will the common stockholders receive
Calculate the capital account balances of the partners after sale of assets and payment of liabilities and liquidation expenses
The Habicht Company was formed in 2009 to produce a single product. The production and sales for the next four years were as follows:
axillar beauty products corporation is considering the production of a new conditioning shampoo that will require the
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