The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs 1.Transferred out 12,400 units. Beginning work in process$0 2.Started 3,400 units that are 60%Materials55,774 complete as to conversionLabor8,557 costs and 100% complete asManufacturing overhead22,200 to materials at July 31. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Determine the equivalent units of production for (1) materials and (2) conversion costs. Materials Conversion Costs Total equivalent units of production LINK TO TEXT LINK TO TEXT Compute unit costs. (Round unit costs to 2 decimal places, e. g. 2.25.) Materials $ Conversion costs $ LINK TO TEXT LINK TO TEXT Prepare a cost reconciliation schedule.
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Business, 21.06.2019 20:40
•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year
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Business, 22.06.2019 11:50
Christopher kim, cfa, is a banker with batts brothers, an investment banking firm. kim follows the energy industry and has frequent contact with industry executives. kim is contacted by the ceo of a large oil and gas corporation who wants batts brothers to underwrite a secondary offering of the company's stock. the ceo offers kim the opportunity to fly on his private jet to his ranch in texas for an exotic game hunting expedition if kim's firm can complete the underwriting within 90 days. according to cfa institute standards of conduct, kim: a) may accept the offer as long as he discloses the offer to batts brothers.b) may not accept the offer because it is considered lavish entertainment.c) must obtain written consent from batts brothers before accepting the offer.
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Business, 23.06.2019 10:30
How many years do you have to go to school for business management
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Business, 23.06.2019 12:50
Jason is looking for an engagement ring to offer his girlfriend. he doesn't have enough money. which jewelry stores will have the cheapest
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The Cutting Department of Cassel Company has the following production and cost data for July. Produc...
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