Compare service and merchandising businesses
Question: Compare and contrast service and merchandising businesses. What accounts would be found in a merchandising business, but not in a service business. How do the financial statements differ?
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Compare and contrast service and merchandising businesses. What accounts would be found in a merchandising business, but not in a service business.
Q1. The cost per equivalent unit as to materials is: Q2. The cost per equivalent unit as to conversion costs is:
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Model: Wages for financial books and department labour-hour cost. A factory department has 90 workers who are paid on an average of Rs. 35 per week (48 hours),
Using the following information, compute the number of units to be produced.
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