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Dye and Dye, Attorneys-at-Law, each bill 1,500 hours per year and receive pay of $100,000 each. Four paralegals work for the firm and each receives pay of $40,000 and works 2,000 hours per year. Overhead of $396,000 is anticipated; $300,000 is attorney support, and the rest is paralegal support. Determine overhead under each of the following circumstances: a. A simplified cost approach is used based on hours. b. A simplified cost approach is used based on payroll dollars. c. An activity-based costing approach is used. Attorney support is based on labor costs, and paralegal support is based on hours worked.
Nonmanufacturing fixed costs for March equal $32,000. The only variable nonmanufacturing costs are sales commission, equal to 1% of sales revenue.
Find out the internal rate of return promised by the new truck to the nearest whole percent. In addition to the data already provided, assume that due to the unique warming racks, the truck will have a $13,000 salvage value at the end of six years...
Create a Risk/Control Matrix for Top Notch T-Shirt Printing. By using the flowchart drawn in a. identify at least five objectives and five risks. Propose at least five specific internal controls that you should recommend to Barb.
What is activity-based management and what is a non-value added activity and how much did non value-added activities cost ReadersNet.Com this past year?
Prepare the asset section of the balance sheet for this company, classifying assets into Current Assets, Property, Plant and Equipment (net), and Other Assets.
after tax cost of debt and preferred stock.1. calculate the after-tax cost of a 25 million debt issue that a company
For investments in TRADING SECURITIES, which of the following market value changes are recognized in earnings and what effect did this have on York's 20X5 financial statements
you are believer that new employees should practice their accounting skills before throwing them into the fire.
Describe a cash management strategy that might require a minimum, as well as a maximum, cash balance of $10,000 at the end of each month.
Prepare the companys statement of cash flows for the year ended December 31, 20X1. Use the indirect method of determining net cash flows from operating activities.
case 1 general motors and japanese convergence vs. chinese convergencegeneral motors corp. is worlds largest automaker
The options are exercisable as of September 13, 2010, for 32 million common shares at an exercise price of $56 per share. During 2011, the market price of the common shares averaged $70 per share. Calculate Berclair’s basic and diluted earnings pe..
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