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Auto market pays 128,000 rent each year for its two story building. The space in this building is occupied by five dpartments as specified here Paint dep 1200squ. ft 1st floor engine depart 3600 sp ft first floor space window dep 1920 squ ft of second floor space electrical dep 1056 squ feet of second floor space accessory department 1824 square feet of second floor space The company allocates 65% of total rent expense to the first floor and 35% to the second floor and then allocates rent expense for each floor to the departments occupying that floor on the basis of space occpyingt that floor on . Determine the rent expense to be allocated to each department.
the star-lite theater inc. was recently formed. it began operations in march 2010. the star-lite is unique in that it
stein company makes carpets. a customer wants to place a special order for 1000 carpets in navy blue with the company
a contingent liability is an obligation that depends on the occurrence of a future event and that should be recorded in
explain the significance of each of the following ratios. for each of the ratios indicate whether an increase can be
the company is considering a purchase of equipment that would reduce its direct labor costs by 114088 and would change
Explain the difference between absorption and variable costing income statements and discuss which method has a greater chance of manipulation by management.
frantic company had 130000 in sales on account last year. the beginning accounts receivable balance was 10000 and the
andre preneur supervises two consulting jobs in the consulting firm of dewey cheatham and howe which does studies on
Compute depreciation for 2011 and 2012 and the book value of the drill press at December 31, 2011 and 2012, assuming the straight-line method is used.
goldcoast corporation has budgeted a total of 356800 in costs and expenses for the upcoming quarter. of this amount
during the year dempsey corporations current ratio increased while its quick ratio decreased. which of the following
a corporation reacquires 25000 shares of its own 10 par common stock for 1000000 recording it at cost.a. what effect
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