units $64) $336‚000 Labor (3‚500 equivalent units $162) 567‚000 Overhead (3‚500 equivalent units $21) 73‚500 976‚500 Total cost accounted for $1‚964‚500 b. Finished Goods Inventory 988‚000 Work in Process Inventory 988‚000 Task: 2 a) Let the BEP sales be x dollars‚ x * 0.40 + 300‚000 = x a) So‚ x = 500‚000 dollars Total Selling price = 500‚000 Total Variable cost = 200‚000 Total fixed cost = 300‚000 b) For a monthly profit of $ 60‚000 Let sales be x dollars So‚ x - 60000 = 0.4
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Completing the Accounting Cycle The Accounting Cycle Process by which companies produce their financial statements Use of a work sheet summarizes needed data in one place 2 Accounting Cycle Journalize Transaction During the period Post to Accounts Adjust Accounts End of the period Prepare Financial Statements Close Accounts 3 Work Sheet Internal summary device NOT: A journal A ledger A financial statement Computerized spreadsheets work well 4 Work Sheet Steps Enter account titles and
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develop a two-week personal exercise plan. In my two- week fitness plan‚ I discuss the FITT principle‚ which stands for frequency‚ intensity‚ time‚ and type. Frequency involves how often I would perform the physical activity. Intensity is how hard I work out during my physical activity. Timing is the length‚ or how long I plan to work out and the last T in the FITT principle stands for the type of exercise I want to do‚ such as cardio or strength training. I incorporated FITT into my two-week personal
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Week 2 Assignment Chapter 15 Bickley Engineering Company has a capital structure of 30% Debt and 70% Equity. Its current Beta is 1.3‚ and its Market Risk Premium is 7.5% Points. The current Risk Free Rate is 3.5%. Bickley’s marginal tax rate is 40%. What is the Unlevered Beta of Bickley? Unlevered beta = levered beta/(1+(1-T) D/E) = 1.3 /(1+(1-0.4)X(0.3/0.7) = 1.03 Bickley’s management would like to change its capital structure to 15% Debt and 85% equity by retiring its bonds yielding
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ACCT564 Week 3 Assignment 1. Watch the FASB Codification Tutorial – Available through the course shell http://asc.fasb.org/media/1615_Codification_MainMenu_Web/launcher.html 2. Access the codification database through your course shell and give a summary (1 paragraph) of each of the below references: a. ASC 210-10-01 b. ASC 505-20-25 c. ASC 908-360-25 Please put it in your own words! A/ ASC 210-10-01. I could not find the 210-10-01 so I will over the 210-10 (General) In this section
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“Strat Deal.” This email reiterated the main elements of the agreement. The elements included fees‚ the rights and responsibilities of both parties‚ and the length of time the project should be done.” This is when the contract became legal binding. 2. What facts may weigh in favor of or against Chou in terms of the parties’ objective intent to contract? Both BTT and Chau vocally consented to the deal. A realistic person would have expected the deal was on its way to go through because BTT paid
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CE 371 HOMEWORK 2 1) Find the difference in pressure between tanks A and B if d1=300mm‚ d2=150mm‚ d3=460mm‚ d4=200 mm and S.GHG =13.6 w=9.80 kN/m3 2) Determine the elevation difference‚ h‚ between the water levels in the two open tanks shown in the figure. w=9.80 kN/m3 3) An air-filled‚ hemispherical shell is attached to the ocean floor at a depth of 10 m as shown in the figure. A mercury barometer located inside the shell reads 765 mm Hg‚ and a mercury U-tube manometer designed to give the
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MANAGEMENT SCIENCE HOMEWORK 2 4.28 a) The sale of the tables and chairs represents the total profit. The production plan includes oak tables and chairs‚ cherry tables and chairs‚ and pine tables and chairs. b) Labor‚ cherry wood‚ oak wood‚ pine wood‚ minimum oak tables‚ and minimum cherry tables are the binding constraints. c) The range over which the unit profit for oak chairs can change without changing the production plan is between $35 and infinity. d) The range over which the amount
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Homework Problems Professor Hubler 07/12/2015 1. When an investor uses the equity method to account for investments in common stock‚ cash dividends received by the investor from the investee should be recorded as? D. A deduction from the investment account DI. DII. Sisk Company has owned 10 percent of Maust‚ Inc.‚ for the past several years. This ownership did not allow Sisk to have significant influence over Maust. Recently‚ Sisk acquired an additional 30 percent of Maust and now will use the
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BIOS251 Week 7 Lab Exercise Joints To complete this worksheet‚ select: Module: Support and Movement Activity: Anatomy Overviews Title: Joints 1. a. From the main Joints page‚ click Fibrous Joints and identify each of the following structural joint types. A. Suture B. Syndesmoses C. Gomphosis b. Why are sutures and gomphoses classified as synarthroses? Both sutures and gomphoses are classified as synathroses because
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