Describe how the perpetual inventory system works
Describe how the perpetual inventory system works. What are some advantages of using the perpetual inventory system? Is it necessary to take physical inventory when using the perpetual system?
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Dyer inc completed its first year of operations on December 31,2010. Because this is the end of the annual accounting period, the company bookkeeper prepared the following preliminary statements.
A year later, Mr Wong if of the opinion that it is time for him to further expand his business. Due fast changing in the IT industry, he needs to bring in party( or parties) that is well verse in the latest development.
For an incremental order of 5000 units at $70 each the following costs have been compiled, incremental variable costs $50 per unit, incremental fixed costs $40,000, lost sales of 1000.
What age is retirment if 6% growth rate, future value $1 mil at 65yrs, 35 periods, on 45th birthday bring in 150,000 check plus normal contribution of 8,466? Can the $1mil retirement take place before reaching 65, if so at what age will the $mil
Wedd Corporation had $35,000 of raw materials on hand on May 1. During the month, the company purchased an additional $68,000 of raw materials.
Dexter Company's costs were over budget by $56,000. The Dexter Company is divided in two regions. The first region's costs were over budget by $8,000.
The Sarbanoes-Oxley Act of 2002 (SOX) has emphasized the importance of ethical behavior and codes of conduct. Discuss the costs and benefits of teh ethical eniornment.
Richard retires receiving $60,000 cash from the partnership in full settlement of his partnership interest. What will Johann and Josef's capital balances be after Richard's retirement. No goodwill is recorded.
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