Business, 13.02.2020 21:45 haleeleslie80
Pine City owned a vacant plot of land zoned for industrial use. Pine gave this land to Medi Corp. solely as an incentive for Medi to build a factory on the site. The land had a fair value of $300,000 at the date of the gift. This nonmonetary transaction is most likely to be reported by Medi as
A. A credit to retained earnings.
B. A memorandum entry.
C. Other comprehensive income.
D. Contribution revenue
Answers: 2
Business, 21.06.2019 21:00
Accublade castings inc. casts blades for turbine engines. within the casting department, alloy is first melted in a crucible, then poured into molds to produce the castings. on may 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. the work in process balance for these 230 pounds was $32,844, determined as follows: exercises during may, the casting department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. factory overhead is applied to the department at a rate of 150% of direct labor. the department transferred out 2,530 pounds of finished castings to the machining department. the may 31 inventory in process was 44% complete as to conversion. prepare the following may journal entries for the casting department: the materials charged to production the conversion costs charged to production the completed production transferred to the machining department determine the work in process"casting department may 31 balance.
Answers: 1
Business, 22.06.2019 10:30
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
Business, 22.06.2019 14:30
If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided
Answers: 1
Pine City owned a vacant plot of land zoned for industrial use. Pine gave this land to Medi Corp. so...
Mathematics, 05.09.2019 19:30
Mathematics, 05.09.2019 19:30
History, 05.09.2019 19:30
Mathematics, 05.09.2019 19:30
History, 05.09.2019 19:30
Engineering, 05.09.2019 19:30
Social Studies, 05.09.2019 19:30
Social Studies, 05.09.2019 19:30
History, 05.09.2019 19:30
Mathematics, 05.09.2019 19:30