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Problem 1: ABS CBN manufactures a single product. Variable production costs are Php 10 and fixed production costs are Php 75,000. ABS CBN uses a normal activity of Php 10,000 units to set its standard costs. ABS CBN began the year with no inventory, produced 12,000 units and sold 11,500 units. What is the ending inventory under the absorption costing?
a. Php 8,750b. php 7,500c. Php 8,125d. Php 5,000
bob and carl transfer property to stone corporation for 90 and 10 of stone stock respectively. pursuant to a biding
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Identify as many internal control weaknesses as you can in this scenario and explain why each is a weakness. Suggest how each weakness could be addresses/fixed
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Use this information to prepare General Journal entries for the three bonds issued and any interest accruals and payments for the fiscal year 2019
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Compute the net benefit (loss) per machine hour that would result if PennTech Corporation accepts the supplier's offer of $40.50 per unit for component B81
segmented income statement vogel co. produces three models of heating and air conditioning thermostat components. the
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