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Banner Company manufactures flags of various countries Banner Company manufactures flags of various countries. Each flag has a standard of 8 square feet of fabric and 3 hours of direct labor time. Information about recent production activity follows: Actual cost of fabric: $4.50 per square foot Fabric consumed: 32,080 square feet Standard price per square […]

Response to Rose DQ You need to select a tool for project planning and scheduling from various tools available in the market. What factors would you consider in selecting the most appropriate software tool for your company? Based on the stated factors, how will you compare and evaluate a proprietary project management software tool against […]

Blue Suede Construction Corp used Blue Suede Construction Corp used the percentage-of-completion method of revenue recognition. They were contracted to build the new amphitheater for $9000000. Additional information was provided: As of Dec 31Ac€¦. 2012 2013 Percentage of completion 20% 55% Estimated total expected costs $6,800,000 $7,200,000 Gross profit recognized in 2013 wasAc€¦ (Points : […]

Bank loan to take cash discount The Reynolds Corporation buys from its suppliers on Bank loan to take cash discount The Reynolds Corporation buys from its suppliers on terms of 2/10, net 55. Reynolds has not been utilizing the discounts offered and has been taking 55 days to pay its bills. Mr. Duke, Reynolds Corporation […]

The Baily Division recorded operating data as follows for the past two years The Baily Division recorded operating data as follows for the past two years: Baily Division’s turnover was exactly the same in both Year 1 and Year 2. The margin in Year 2 was: A) 18.75% B) 27.00% C) 22.50% D) 12.00% Is […]

In the discussion on FM threshold effect presented in Section 2 In the discussion on FM threshold effect presented in Section 2.13, we describe the condition for the positive-going and negative-going clicks in terms of the envelope r (t) and phase ? (t) of the narrow band noise n (t). Reformulate these conditions in term […]

Accidents happen, disasters happen, the unfortunate happens:but do tax deduc Accidents happen, disasters happen, the unfortunate happens”but do tax deductions for them happen? (Although these may all be very unpleasant events, perhaps some good can come of them in the form of a tax or loss deduction). Describe one basic category of such deductions or […]

4. Partner investments; journal entries. The LP partnership was formed on January 1 4. Partner investments; journal entries. The LP partnership was formed on January 1, 19X7, by investments from Bill Levy and Marv Parcells. Levy contributed $30,000 cash and $80,000 of land. Parcells contributed various assets from a business that he had operated over […]

4. Recognition of concepts. Ron Carroll operates a small company that books enterta 4. Recognition of concepts. Ron Carroll operates a small company that books entertainers for theaters, parties, conventions, and so forth. The company’s fiscal year ends on June 30 Consider the items that follow and classify each as either (1) prepaid expense, (2) […]

4. Horrock’s Inc. is a small engineering corporation that surveys land for d 4. Horrocks Inc. is a small engineering corporation that surveys land for development. The company has grown rapidly over the past few years, and management has to decide whether to hire new engineers and open new offices. To assess future growth, the […]