Entries by mary WAMBUGU

Towson Corp., had 3,000 shares of $100 par, 3% cumulative preferred stock as of January 1, 2018. No additional shares of preferred stock were issued during fiscal years 2018 & 2019.

August 30, 2019 in /by

Towson Corp., had 3,000 shares of $100 par, 3% cumulative preferred stock as of January 1, 2018. No additional shares of preferred stock were issued during fiscal years 2018 & 2019.  Dividends were paid to common shareholders in 2017 but no shareholders were paid dividends in 2018.  A total of $85,000 of dividends was paid in 2019. Use this information […]

 

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Xenon Company’s April 1, 2018 beginning work in process was 550 units. During April an additional 2,700 units were put into production.

August 30, 2019 in /by

Question Xenon Company’s April 1, 2018 beginning work in process was 550 units. During April an additional 2,700 units were put into production. At the end of April all units were completed except for 675 units. Use this information to determine number of units completed.   Looking for a Similar Assignment? Order now and Get […]

 

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During FY 2019, Dorchester Company plans to sell Widgets for $12 a unit. Current variable costs are $7 a unit and fixed costs are expected to total of $162,000

August 30, 2019 in /by

Question 1.During FY 2019, Dorchester Company plans to sell Widgets for $12 a unit. Current variable costs are $7 a unit and fixed costs are expected to total of $162,000. Use this information to determine the number of units of Widgets for Dorchester to breakeven.  (Round to the nearest whole number) 2.Baltimore Company uses a job order […]

 

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