Average cost basis method
[DOC File]Calculating Your Cost Basis - bivio
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90. Refer to Cherub Company Assuming a weighted average method of process costing, compute the average cost per EUP for Material B. a. $20.00 b. $31.25 c. $20.10 d. $31.00 ANS: D. Material B Costs (Beginning Inventory and Current Period) Equivalent Units Average Cost per EUP $75,950 2,450 $31.00 DIF: Moderate OBJ: 6-2,6-3 91.
[DOC File]Multiple Choice Questions
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Aug 12, 2010 · Using the high-low method, calculate October?s power cost using machine hours as the basis for prediction. (Points: 4) $700. $705 $710 $1,320 . 3. Gary Corporation has developed the following flexible budget formula for monthly overhead: For output of less than 200,000 units: $36,600 + $.80(units) For output of 200,000 units or more: $43,000 ...
Average Cost Basis Method
a. Subtract the cost basis from the current selling price. b. Subtract the current selling price from the cost basis. c. Add together the cost basis and the current selling price. 3. Which method for calculating cost basis is best? a. FIFO. b. Specific shares. c. It depends on the situation. 4. In the single-category averaging method: a.
[DOC File]godgiften.weebly.com
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Cost allocated based on dual rate method = (Total budgeted fixed cost × Allocation ratio) + (Budgeted unit variable cost × Actual activity level) D. Fixed versus Variable Bases:A Note of Caution Use the normal or practical capacity to allocate fixed support department costs as long as the capacity demands from the producing departments remain ...
[DOC File]ANSWERS TO QUESTIONS
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A balancing allowance is claimed in the final year of operation. Duo Co uses its after-tax weighted average cost of capital when appraising investment projects. It has a cost of equity of 11% and a before-tax cost of debt of 8·6%. The long-term finance of the company, on a market-value basis, consists of 80% equity and 20% debt. Required:
[DOC File]Multiple Choice Questions
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Basis of new machine Cash paid ($35,000 – $20,000) $15,000 Fair market value of old machine 20,000 Installation cost 1,500 Total cost of new machine $36,500 Depreciation for the year beginning June 1, 2009 = ($36,500 – $4,000) ÷ 10 = $3,250.
[DOC File]Lesson 6 - JustAnswer
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Q2a Net replacement cost basis b. Income-based valuations Price/earnings ratio method Dec 07. Jun 08. Dec 08. Jun 09 Jun 12. Dec 12. Pilot 14 Q1a(i) Q2c. Q1b. Q1b(i) Q4a. Q4a(iii),b. Q2a Earnings yield method Dec11 Q3a(iii) c. Cash-flow based valuation Dividend valuation model Dec 07. Jun 08. Dec 08. Jun 09. Jun 10. Dec 10 Dec 11. Jun 12. Dec ...
[DOC File]Chapter 7--Joint Product and By-Product Costing
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(b) Assume that the company had switched from the average cost method to the FIFO method with net income on an average cost basis for the four years as follows: 2008, $80,400; 2009, $86,120; 2010, $90,300; and 2011, $93,600.
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