Business, 21.05.2020 00:10 babycakesmani
Mandato Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 50 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials $ 10 Direct labor $ 6 Variable manufacturing overhead $ 5 Fixed manufacturing overhead per year $ 72,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold $ 5 Fixed selling and administrative expense per year $ 70,000 Year 1 Year 2 Units in beginning inventory 0 3,000 Units produced during the year 9,000 8,000 Units sold during the year 6,000 9,000 Units in ending inventory 3,000 2,000 The net operating income (loss) under absorption costing in Year 2 is closest to:
Answers: 3
Business, 21.06.2019 21:30
Unrecorded depreciation on the trucks at the end of the year is $40,000. the total amount of accrued interest expense at year-end is $6,000. the cost of unused office supplies still available at year-end is $2,000. 1. use the above information about the company’s adjustments to complete a 10-column work sheet. 2a. prepare the year-end closing entries for dylan delivery company as of december 31, 2017. 2b. determine the capital amount to be reported on the december 31, 2017 balance sheet.
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Business, 22.06.2019 09:00
Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.
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Business, 22.06.2019 12:10
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
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Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
Answers: 1
Mandato Corporation has provided the following data for its two most recent years of operation: Sell...
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