Business, 19.08.2020 20:01 ritahastie2896
Helix Corporation uses the weighted-average method in its process costing system. It produces prefabricated flooring in a series of steps carried out in production departments. All of the material that is used in the first production department is added at the beginning of processing in that department. Data for May for the first production department follow:
Percent Complete
UnitsMaterialsConversion
Work in process inventory, May 161,000100% 40%
Work in process inventory, May 3141,000100% 25%
Materials cost in work in process inventory, May 1 $50,700
Conversion cost in work in process inventory, May 1 $14,200
Units started into production 250,500
Units transferred to the next production department 270,500
Materials cost added during May $83,245
Conversion cost added during May $204,785
Answers: 2
Business, 22.06.2019 12:10
Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?
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Business, 22.06.2019 21:00
On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?
Answers: 3
Business, 22.06.2019 23:00
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Helix Corporation uses the weighted-average method in its process costing system. It produces prefab...
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