Business, 10.07.2019 04:20 nikeahbrown
Goods sold as of the end of the year as follows: work in process, ending $ 21,600 finished goods, ending 60,000 cost of goods sold 312,000 overhead applied $ 393,600 for example, of the $45,000 ending balance in work in process, $21,600 was overhead that had been applied during the year. required: 1. identify reasons for entries (a) through (d). 2. assume that the underapplied or overapplied overhead is closed to cost of goods sold. prepare the necessary journal entry. 3. assume that the underapplied or overapplied overhead is closed proportionally to work in process, finished goods, and cost of goods sold. prepare the necessary journal entry.
Answers: 1
Business, 22.06.2019 10:20
The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?
Answers: 3
Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na
Answers: 1
Business, 22.06.2019 13:30
You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?
Answers: 1
Goods sold as of the end of the year as follows: work in process, ending $ 21,600 finished goods, e...
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