Business, 06.01.2020 07:31 Giovanni0312
The beginning balance on the monthly bank statement for aretha's checking account was $462.79, and the ending balance was $256.03. what can be said about aretha's transactions for the month? a. she had $718.82 more in debits than in credits. b. she had $718.82 more in credits than in debits. c. she had $206.76 more in credits than in debits. d. she had $206.76 more in debits than in credits.
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Business, 22.06.2019 07:10
Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.
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Business, 22.06.2019 11:30
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The beginning balance on the monthly bank statement for aretha's checking account was $462.79, and t...
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