Entries by mary WAMBUGU

Total production of 1,000 units of finished goods required 2,800 actual hours at $11.50 per hour.

Total production of 1,000 units of finished goods required 2,800 actual hours at $11.50 per hour. The standard is 3 hours per unit of finished goods, at a standard rate of $12 per hour. Which of the following statements is true?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon […]

 

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If beginning work in process was 500 units, 1,500 additional units were put into production, and ending work in process was 400 units, how many units were completed?

If beginning work in process was 500 units, 1,500 additional units were put into production, and ending work in process was 400 units, how many units were completed?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Starr Corporation issued $100,000 of 6%, 10-year bonds on April 1, 2017, at 107. Interest is paid on April 1 and October 1.

Starr Corporation issued $100,000 of 6%, 10-year bonds on April 1, 2017, at 107. Interest is paid on April 1 and October 1. The proper entry to record issuance of the bonds includes a debit to Cash for   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Bowie Company has 100,000 shares of common stock outstanding. On April 15, the board declared a $.30 dividend to be paid to stockholders of record on May 4.

Bowie Company has 100,000 shares of common stock outstanding. On April 15, the board declared a $.30 dividend to be paid to stockholders of record on May 4. The dividend was distributed on May 15. The proper journal entry for Bowie Company on May 15 does includes   Looking for a Similar Assignment? Order now […]

 

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