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Question: Inventory 10/20 - 6 Decorative Spotlights are defective and sent back to the vendor for Credit
10/15 - Purchase of 10 Decorative Spotlights for $10 each and 10 Ornamental Trees for $125 each.
10/25 - Purchase of 3 Decorative Spotlights for $10.50 each and 10 Ornamental Trees for $110 each.
10/27 - 1 Tree is damaged beyond repair and inventory adjustment is recorded
10/28 - Invoice to Frank's Fitness Center for the following:
12 Ornamental Trees $195 each $2340
6 Decorative Spotlights $19.95 each $119.70
What is the quantity and cost amount you have left in inventory on 10/31? Please show your work.
Which of the following should be performed by the persons opening the mail and recording payments?
Which of the following manufacturing costs is an indirect manufacturing cost? memory chips for a microcomputer manufacturer.
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Nair Corp. enters into a contract with a customer to build an apartment building. Develop a reliable estimate of completion by the August 1, 2015, deadline.
A machine costs $500,000 and is expected to yield an after-tax net income of $15,000 each year. Management predicts this machine has a 10-year service life.
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you have won a lottery. you will receive 200000 after taxes each year for the next 5 years. describe the process you
Just-in-Time (JIT) Inventory and Current Ratio Many companies have adopted JIT inventory methods to reduce the size of their inventories.
entries for bond transactions on january 1 2012 osborn company sold 12 bonds having a maturity value of 800000 for
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