Business, 30.03.2021 03:30, jandrew2052
Item7 4 points my workCheck My Work button is now enabledItem 7 Planner Corporation owns 60 percent of Schedule Company’s voting shares. During 20X3, Planner produced 25,000 computer desks at a cost of $82 each and sold 10,000 of them to Schedule for $94 each. Schedule sold 7,000 of the desks to unaffiliated companies for $130 each prior to December 31, 20X3, and sold the remainder in early 20X4 for $140 each. Both companies use perpetual inventory systems. Required: a. What amounts of cost of goods sold did Planner and Schedule record in 20X3? b. What amount of cost of goods sold must be reported in the consolidated income statement for 20X3? (Do not round intermediate calculations.)
Answers: 2
Business, 22.06.2019 03:00, avrieell8584
1) u. s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u. s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.
Answers: 2
Business, 22.06.2019 09:30, bubbagumpshrimpboy
When you hire an independent contractor you don't have to pay the contractors what
Answers: 3
Item7 4 points my workCheck My Work button is now enabledItem 7 Planner Corporation owns 60 percent...
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