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Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $60,800 and 2,000 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $62,550 and actual direct labor-hours were 1,900.
The applied manufacturing overhead for the year was closest to?
High Sounds manufactures wind chimes that have a standard material cost of 2 pounds of raw materials at $1.50 per pound. During March, 10,000 pounds of raw materials costing $1.55 per pound were used in making 4,800 wind chimes. What is the (1) ma..
provide three examples of situations in which business ethics play a role in the financial management process. explain
a. Journalize the entries required to complete the closing of the accounts. b. Determine the amount of Retained Earnings at the end of the period.
Brandywine Homecare, a not-for-profit business, had revenues of 12 million in 2007. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was 1.5 million.
A company issues 5% stock dividends, 15,000 shares, $2.00 par value, initially stock was $12, but current trading value is $20, what are the journal entries?
1.which of the following is not a permissible method of calculating a bonus to an employee?a. the bonus is based on
Memphis Corporation has a cash balance of $200,000.00 on1/1/2008. The company's sales budget for the year was$500,000.00. However, only 80% of the sales for the year arecollectible during the year.
Calculate the percentage of increase and/or decrease for each category. The condensed comparative income statements for Rochelle Corporation.
From the following selected data, compute: Net cash flow provided (used) by operating activities. Net cash flow provided (used) by investingactivities.
during the year of 20xx a firm plans to produce and sell 15000 units at 35 per unit.nbspnbspbudgeted variable costs are
Explain how the perpetual and periodic inventory systems differ, especially in determining Cost of Goods Sold and Ending Inventory? Once a retailer has chosen the inventory costing methods
according to a summary of the payroll of apline publishing co. 460000 was subject to the 7.5 fica tax. also 39000 was
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