ACCT10003 Lecture Notes - Lecture 4: Film Distributor, Earthquake Insurance, Apple Sauce
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The store has both a movie section and a musical section. Crescendo reports revenues for the movie section separately from the musical section. You will have two answers (d or i; v or f) for each of the following items. Cost item: annual retainer paid to a film distributor, electricity costs of crescendo store (single bill covers entire store, costs of films purchased for sale to customers, leasing of computer software used for. ____ ___: cost of popcorn provided free to all customers, earthquake insurance policy for crescendo store. ____ ___: freight in costs of movies purchased by crescendo ____ ___, subscription to video-novo magazine. Calculate cost of goods manufactured and cost of goods sold from the following account balances relating to 2016 (in . ) Closing work in progress stock, 31 dec. 2016. Schedule of cost of goods manufactured for the year ended 31 december, 2016 () Add opening work in progress stock, 1 jan. 2016.