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Calculate the activity proportions for each cost pool in Carlise’s ABC system Activity Cost Pools Cost Driver Cost Assigned to Pool Quantity/Amount Consumed by Indoor Line Quantity/Amount Consumed by Outdoor Line Materials handling Number of moves $ 20,000 575 moves 425 moves Quality control Number of inspections $ 82,500 6,000 inspections 4,000 inspections Machine maintenance Number of machine hours $ 36,900 21,000 machine hours 20,000 machine hours
On January 1 2015 Acme company issued 100 ($1000 par) 6 % semi-annual 9 year convertible bonds when the market rate of interest was 8 %. make the journal entry on 1/1/15 when acme issued the bonds
On January 1, 2007, Blizzards-R-Us purchased a snow-blowing machine for $85,000. Determine the revised annual depreciation expense for 2009.
Butcher Co. sold 10,000 toys in Year4 for $20 each. The company expects that 5% of the toys will be returned under warranty for a refund of the sales price in the 2-year warranty period. There were $6,000 of warranty obligations paid in cash during Y..
Prior to the final distribution of cash,Mary's capital balance was $200,000,Ann's capital balance was $150,000,and Tina had a capital deficiency of $50,000. Assuming Tina contributes cash to match her capital deficiency, Mary should receive?
SIMS and PARTNER opened a business and their checking account included both names. BIG COMPANY, a client of the business issued a check in the amount of $150,000 for future services and made it payable to SIMS, PARTNER, with the names stacked one on ..
Prepare a report showing the company activity variance for december/ also i need to show which of the activity variance should be corcern to the management
Purpose journal entries to record the transactions.
Piotroski Properties prepares monthly financial statements. Using the following information, adjust the accounts as necessary on January 31 using the financial statements effect template. (a) Prepaid insurance represents a three-year premium paid o..
Bakos Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $8.80 per machine-hour and fixed manufacturing overhead cost of $100,688 per period. If the denominator level of activity is 2,800 machine-hours, what ..
Presented below is information for Jones Company. 1. Beginning-of-the-year Accounts Receivable balance was $15,000. 2. Net sales (all on account) for the year were $100,000. Jones does not offer cash discounts.
question part f77 is used in one of wilcutt corporations products. the companys accounting department reports the
Failure to record accrued interest on notes payable in 2012; that amount was recorded when paid in 2013. (5) Failure to record amortization of patent in 2013.
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