Excel Applications for Accounting Principles
4th Edition
ISBN: 9781111581565
Author: Gaylord N. Smith
Publisher: Cengage Learning
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Question
Chapter 8, Problem 5R
To determine
Analyze the pattern of behavior of quarterly sales and actual gross profit. Also, comment on the favorable and unfavorable trends.
To determine
Compute the ending merchandise inventory.
To determine
Prepare a chart showing the relationship between gross profit percentage and ending merchandise inventory.
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Compute the production cost per unit under variable costing
Bazz Corp. uses a process costing system. Beginning inventory for March consisted of 1,600 units that were 48% completed. 11,200 units were started during March. On March 31, the inventory consisted of 700 units that were 75% completed. How many units were completed during the period?
Variable:11, fixed :4
Chapter 8 Solutions
Excel Applications for Accounting Principles
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