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Question - Bruno has a part with a unit cost of P40. It costs P52 to place, process and receive an order. The carrying cost of the inventory is approximately 20% of the part's peso value per year. The firm uses 2,000 of the parts each year. What order quantity minimizes total inventory cost?
data for 2013 were as follows pbo january 1 244000 and december 31 274000 pension plan assets january 1 190000 and
The contract inception is 1 January 2018. The price of one unit is Rs. 3,000,000. Make journal entries as the unit is completed
A company reports the income statement and balance sheet information for the current year: Net income $357,100. Determine the return on total assets
Find Which alternative is desirable and why? The units could be scrapped for $1,000 or reworked for $2,000 and sold for $5,000.
Which is not a reason for declaring a share dividend? To conserve the company's cash instead of declaring a cash dividend. / To give shareholders extra shares.
Alexander Merchandising Company has the following information for the following months in fiscal year 2012. Prepare purchases budget for July through September
The present value of $1 at 9% for three periods is 0.77. What amount of interest revenue should be included in Sunland's 2021 income statement?
durden co. has 10 par value 10 cumulative preferred stock. there are 10000 shares issued and outstanding of the
The income statement of Benning Co. for the month of July shows net income of $1,400 based on Service Revenue $5,500, Wages Expense $2,300, Supplies Expense $1,200, and Utilities Expense $600. In reviewing the statement, you discover the following.
Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Use T-accounts.)
Newly formed Electronics Services Corporation has 100,000 shares of $10 par common stock authorized. On March 1, 2013, Electronics Services issued 20,000 shares of the stock for $12 per share.
Kinnoco was paid $12,000 in advance for the services to be performed. What will be the financial statement disclosure for Kinnoco's Unearned Revenue at the end
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