The net income for miller bat company was $3 million for the year ended december 31, 2004. additional information is as follows: depreciation on fixed assets $1,500,000 gain from cash sales of land 200,000 increase in accounts payable 300,000 dividends paid on preferred stock 400,000 the net cash provided by operating activities in the statement of cash flows for the year ended december 31, 2004 is: $4,800,000. $4,600,000. $4,200,000.
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Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
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Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:
Answers: 1
The net income for miller bat company was $3 million for the year ended december 31, 2004. additiona...
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