The number of days'' sales in inventory
Determine for each year the inventory turnover and the number of days' sales in inventory. Round interim calculations to the nearest dollar and the final answers to one decimal place. Assume 365 days a year.
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The standard cost of product 777 includes 2.40 units of direct materials at $5.00 per unit. During August, the company bought 28,700 units of materials at $5.09 and used those materials to produce 12,300 units.
If a company uses the indirect method to prepare the statement of cash flows, how will a loss from the sale of equipment be presented on the statement?
On April 30, 2014, Tilton Products purchased machinery for $88,000. The useful life of this machinery is estimated at 8 years, with an $8,000 residual value.
Given: laptop sells for $1,000 per unit. Variable cost per unit is $400. Monthly fixed costs are $2,400,000. Compute the following: 1)Break even point in units and in total sales dollars.
Each ounce of the vanilla, yields 4 bars of Best and 3 units of Great. The vanilla costs $21 per ounce. A batch of 15 ounces of vanilla has processing costs (not including the cost of the raw material) of $350 before the split-off point.
If the relative sales value method is used to allocate the joint costs, what is the total cost allocated to Great?
Assuming that the current ratio was 1.6 times and the quick ratio was 1.4 times before this transaction, the entry to record the payment of a previously declared and recorded cash dividend will?
Who are the owners of Apple computer and therefore, the owners of all of that cash ... ignore give-away programs and charitable contributions
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