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2 years ago

Knight Company reports the following costs and expenses in May.

Business

1 answer:

Marina86 [1]2 years ago

4 0

Answer:

A. Consider all indirect manufacturing costs

B. Consider all manufacturing costs

C. Consider non manufacturing costs

Explanation:

A) Manufacturing overhead.

Consider all indirect manufacturing costs

B) Product costs.

Consider all manufacturing costs

C) Period costs.

Consider non manufacturing costs

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A code of conduct ________. select one:

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Below is activity for A Company during the year. Sold Equipment for $65,000. Purchased new Equipment for $140,000 Issued bonds f

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Answer:

Net Cash inflow (outflow) from Investing activities ($75,000)

Net Cash inflow (outflow) from Financing activities ($20,000)

Explanation:

The computation of the Investing and Financing is shown below:-

A Company

Cash Flow Statement

Cash Flow from Investing Activities

Sale of Equipment $65,000

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Net Cash inflow (outflow) from Investing activities ($75,000)

Cash Flow from Financing Activities

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2 years ago

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2 years ago

Read 2 more answers

Whispering Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures w

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Answer and Explanation:

The weighted-average accumulated expenditure method will be used to compute the interest amount to be capitalized for a qualifying asset. Then the expenditure incurred during a particular month shall be multiplied by that month's outstanding and the sum is later divided over the total months in a given period.

(Check the attachment below for the computation of Whispering’s weighted-average accumulated expenditures for interest capitalization purposes.)

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2 years ago