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Question - ABC reported the following in March for it's cleaner which is sold by the quart.
March 1 inventory 300 qts @ $ 2.40.
Purchases: March 9 500 qts @ $ 2.50; March 11 400 qts @ $ 2.60; and March 22 400 qts @ $ 2.65.
Sales: March 2 200 qts; March 10 500 qts; and March 25 300 qts.
ABC uses LIFO and the periodic inventory system. What is the March ending inventory for ABC?
bird brain co. reported net income of 46300 for the year ended december 31 2013. january 1 balances in accounts
Show computations of price and efficiency variances for direct materials and direct manufacturing labor. Give a plausible explanation of why each variance occurred.
Find the probability that an employee chosen at random is not one of those classi?ed as being both an engineer and a statistician.
The current conversion ratio is 13:1, and in 2 years it will increase to 19:1. Compute both basic and diluted earnings per share
The following costs are included in a recent summary of data for a company: advertising expense $85,000; depreciation expense - factory building $133,000;
As soon as the computers were installed, the college paid $4,000 to print admission brochures featuring the library's new, state-of-the-art computing facilities.
Peirzynski Manufacturing Corporation produces a single product, the Utility Knife. What is the incremental revenue associated with accepting this special order?
All customers except E ordered units in the same order size. Customer E's order quantity varied, so E got a discount part of the time but not all the time.
Which business functions are more likely to use decision analysis models than others, and why?
Federal revenues may be accounted for and reported in an unusual manner.
Philosophy distributes books to retail stores and extends credit terms of 2/10, n/30 to all of its customers. Journalize the above transactions
company has three service departments x y and z and two production departments p1 and p2.costs in departments x and y
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