Entries by mary WAMBUGU

Alpha Corporation started the 2017 fiscal year with 100,000 shares common stock outstanding. On April 1 an additional 30,000 shares were issued.

August 30, 2019 in /by

Alpha Corporation started the 2017 fiscal year with 100,000 shares common stock outstanding. On April 1 an additional 30,000 shares were issued. On July 1 Alpha reacquired 10,000 shares. Use this information to determine the number of weighted-average shares of common stock outstanding for the 2017 fiscal year? Question 9 On January 1, 2017, Alpha Corporation […]

 

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On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo-Zulu Company for $250,000.

August 30, 2019 in /by

.)On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo-Zulu Company for $250,000. This investment balance represents 25% of the equity of the Bravo-Zulu Company. During 2017, Bravo-Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders. Using this information, what […]

 

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Perry Company had no beginning inventory and adds all materials at the very beginning of its only process. Assume 15,000 units were started,

August 30, 2019 in /by

Perry Company had no beginning inventory and adds all materials at the very beginning of its only process. Assume 15,000 units were started, and 5,000 units completed. Ending work in process is 60% complete. The cost per equivalent unit of material is   Looking for a Similar Assignment? Order now and Get 10% Discount! Use […]

 

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Fallon Company makes units, and each unit requires 3 pounds of material at $2 per pound. 500 and 700 units will be built in May and June, respectively.

August 30, 2019 in /by

Fallon Company makes units, and each unit requires 3 pounds of material at $2 per pound. 500 and 700 units will be built in May and June, respectively. Fallon keeps material on hand at 20% of the next month’s production needs. How much is the material cost for May’s output?   Looking for a Similar […]

 

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