Ina co. had the following beginning and ending balances in its prepaid expenses and accrued liabilities accounts for the current year: prepaid expenses accrued liabilities beginning balance $ 5,000 $ 8,000 ending balance 10,000 20,000 debits to operating expenses totaled $100,000. what amount did ina pay for operating expenses during the current year?
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Business, 22.06.2019 00:30
Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150
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Business, 22.06.2019 17:30
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Ina co. had the following beginning and ending balances in its prepaid expenses and accrued liabilit...
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