Debit or credit to work in process of what amount
During March, Doe corp. incurred $65,000 of direct labor costs and $9,000 of indirect labor costs. The journal entry to record accrual of these wages would include either a debit or credit to work in process of what amount?
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Next, work the problem again using the following variables: project yield annual net cash inflows are $10,500 for the next five years; interest rate of 16.5%, and the initial investment of $33,000. Calculate the net present value of the cash flows
On average, Bragg Inc. has sales of $2,000,000 per month. It keeps inventory equal to 50% of its monthly sales on hand at all times. Based on using a 365-day year, what is the inventory conversion period?
Doe Corp. used $195,000 of direct materials during April. At the end of April, Does direct materials inventory was $27,000 more than it was at the beginning of the month. Direct materials purchases during April amounted to?
Other payments for wages, rent, and taxes are constant at $500 per month. Construct a single month's cash budget with the information given. What is the average cash gain or (loss) during a typical month for ABC Corporation?
Determine the effective price at which you purchased your sugar. How do you account for the difference in amounts for the spot and hedge positions? Describe the nature of the basis risk in the long hedge.
Actual manufacturing overhead for the year amounted to $ 86,500 and actual direct labor hours were 2600. The predetermined overhead rate for the year was?
Clinton company is financed 40 percent by equity and 60 percent by debt if the firm expects toeard 20 million in net income and retain 40 percent pf it, how large can the capital budget be before common stock must be sold?
The company has $200 million of long-term debt plus preferred stock, and it has 50 million shares of common stock outstanding. What is Petry's estimated intrinsic value per share of common stock?
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