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Cobb Corporation produces three products, A, B and C. The normal volume is 900 units of A, 120 units of B and 180 units of C. The price per unit is $5, $7, $10, for products A, B, and C, respectively. The variable cost per unit is $2, $3, $4, for products A, B, and C. respectively. The total fixed costs are $5,800.
What is the weighted average contribution margin per unit?
Journal entries for Sold Merchandise Inventory on account - Shipping charges of $1, 020 were paid by the purchaser.
Additional facts are available for preparing adjustments on March 31 prior to financial statement preparation - the March 31 amount of computer supplies still available totals $2,015 and three more months have expired since the company purchased its..
Brady Service Center just purchased an automobile hoist for $32,340. The hoist has an 8-year life and an estimated salvage value of $3,310. Installation costs and freight charges were $3,602 and $880, respectively. Brady uses straight-line depreciati..
Determine the cost of goods sold amount for the three transactions above? Evaluate the gross profit for the three transactions above?
retained earnings january 1 201150000advertising expense1800dividends during 20115200rent expense10400service
1. prepare the following for the december 31 2013 year-end for innova technologies ltda adjusting entries for the year
Party-Hearty Company makes a variety of holiday party packs. One party pack is for a bachelorette party. It includes a tiara, a pink feathered boa, and a t-shirt emblazoned with "I'm the Bride." Pink feathered boas are purchased from an outside suppl..
You are in the process of assigning costs to a specified cost object. You have determined which costs you will assign and are now in the process of deciding which costs to assign directly and which to assign indirectly.
Geneva County authorized the issuance of bonds and contracted with the Chessie Construction Company (CCC) to build a new convention center. During 2013, 2014, and 2015, the county engaged in the transactions that follow. All were recorded in the coun..
Given the following cash flows compute the payback period
20-Aug: Issued a $50,000 note to Harris Motors for the purchase of a $50,000 delivery truck. The note is due in 180 days and carries a 12% interest rate. 10-Sep: Purchased merchandise from Pans Enterprises in the amount of $15,000.
question part 1the tim cost recovery corporation tim purchased and placed in service the subsequent depreciable
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