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Problem 1: Jerusalem City originally adopted the following budget on January 1, 2019: Estimated Revenue $1,000,000; Appropriations-Salaries $800,000; Appropriation-Equipment $700,000, During March, 2019 city increased estimated revenue by $200,000, decreased salaries appropriation by $100,000, and increased equipment appropriation by $50,000. The budget interchange entry will contain:
a. credit appropriation-equipment $50,000.b. credit estimated revenue for $200,000.c. credit appropriation-salaries $100,000.d. debit budgetray fund balance $250,000.
What is the full product cost for the year? desired operating income as a percentage of total assets, 15%; budgeted production, 200,000 units
Suzy Manufacturing has estimated monthly sales of 18,000 units for $48 per unit. Variable costs include manufacturing costs of $27 and distribution costs of $9. Fixed costs are $60,000 per month.
vinita ramaswamy recently acquired wild country air. wild country has been in business for many years and provides
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Prepare an appropriate journal entry to indicate the impact of the transactions on the city's fund financial statements for the year ending December 31, 2011.
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