The following information relates to the manufacturing operations of the Abbra Publishing Company for the year:
Beginning Ending
Raw materials inventory $ 549,000 $ 612,000
The raw materials used in manufacturing during the year totaled $1,028,000. Raw materials purchased during the year amount to:.
a. $965,000.
b. $902,000.
c. $1,577,000.
d. $416,000.
e. $1,091,000.
Answers: 1
Business, 21.06.2019 15:10, marialuis2732
Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,200 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,200 from hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:
Answers: 3
Business, 22.06.2019 20:10, boofpack9775
As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits
Answers: 3
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