Dixon development began operations in december 2018. when lots for industrial development are sold, dixon recognizes income for financial reporting purposes in the year of the sale. for some lots, dixon recognizes income for tax purposes when collected. income recognized for financial reporting purposes in 2018 for lots sold this way was $10 million, which will be collected over the next three years. scheduled collections for 2019–2021 are as follows: 2019 $ 4 million 2020 4 million 2021 2 million $ 10 million
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Business, 21.06.2019 17:10
At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.
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Select the word from the list that best fits the definition sometimes
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Business, 22.06.2019 10:00
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Dixon development began operations in december 2018. when lots for industrial development are sold,...
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