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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
3 / 722 |
Essay's paper body
Depreciation of remodeling costs (an asset, rental store remodeling) – 5 years of useful life
Depreciate over 5 years. But the wear and tear are only for 11 months in 2005. So, get 11/12 of the annual depreciation.
Moreover, the part of remodeling cost depreciation related to store is period cost but the part related to production is product cost...
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So, get 11/12 of the annual depreciation.
Moreover, the part of remodeling cost depreciation related to store is period cost but the part related to production is product cost.
7. How to determine cost of good sold?
Marybeth is a manufacturer. It makes and sells ice cream. To determine COGS, you need to go through several steps:
a) determine RM used from RM account
suppose RM used = $1,000 then you record
WIP inventory $1,000
RM $1,000
b) determine cost of goods manufactured from WIP inventory account
suppose COGM = $20,000 then you record
FG inventory $20,000
WIP inventory $20,000
c) determine cost of goods sold from FG inventory account
suppose that COGS = $19,500 then you record
COGS $19,5000
FG inventory $19,500
8...
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General points of the essay
The Seven Years War
7 years war
Private Equity in Nigeria
Private Equity
Remodeling Corporate Japan
All the years of her life
My Life In 10 Years
The Best Years of my Life
30 YEARS WAR
20 Years From Now
Depreciation And Sale Of Asset
The First Seven Years
The Seven-years War
Are the Teen Years The Best Years of our Lives
It Next Five Years
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