Determine the amount that the second region
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.
Required: Determine the amount that the second region's cost was over or under budget.
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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.
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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?
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.
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Jones Company owns 100% of Bruce Inc. and appropriately applies the equity method. During the current year, Jones sold $100,000 of inventory to Bruce Company for $150,000.
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