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Corazon Manufacturing Company has a purchasing department staffed by five purchasing agents. Each agent is paid $28,000 per year and is able to process 4,000 purchase orders. Last year, 17,800 purchase orders were processed by the five agents. Required: 1. Calculate the activity rate per purchase order. 2. Calculate, in terms of purchase orders, the: a. total activity availability b. unused capacity 3. Calculate the dollar cost of: a. total activity availability b. unused capacity 4. Express total activity availability in terms of activity capacity used and unused capacity. 5. What if one of the purchasing agents agreed to work half time for $14,000? How many purchase orders could be processed by four and a half purchasing agents? What would unused capacity be in purchase orders?
Purpose the entry to record the issuance of the bonds on Sawyer's books. What amount must be deposited semiannually in order to have sufficient money in the fund to pay off the bonds in 20 years?
Prepare separate depreciation schedules for the machinery using the straight-line method, and the declining-balance method using double the straight-line rate. Round to the nearest dollar.
Paul Stoddard is self-employed with an annual salary of $90,000. He claims 1 exemption. His social security tax rate is 12.42%, Medicare is 2.9%, and his estimated federal income tax rate is 14%. How much quarterly estimate tax must Paul sent to the ..
Prepare journal entries to record depletion for the 2,500,000 cubic feet of natural gas recovered and sold. Is the goodwill amortized? Explain your reasoning.
The calculations you perform for CheckPoint form the basis of your analysis of your capstone project. Calculate the The Current Ratio for 2005 and The Current Ratio for 2004 for PepsiCo, Inc. and show your work.
Review of the media: Anthony's Orchard, Conduct a What-If Analysis: This what-if analysis concerns an unforeseen circumstance that could impact the company's current health as well as its future plans.
Prepare all journal entries necessary to account for the acquisition of the aircraft, and its depreciation, for the year ending 30 June 2014 - Determine the rate of interest implicit in the lease and calculate the present value of the minimum lease ..
For purposes of Federal withholding from wages? Requirements, what criteria are used to determine whether someone is an employee versus an independent contractor? If an employer can hire someone as either 1) an employee or 2) an independent contracto..
Which of the following is least likely to be an audit objective for debt? Determine the existence of recorded debt. Establish the completeness of recorded debt. Determine that the client has rights to receive proceeds relating to the redemption of de..
The following information is taken from the accrual accounting records of Kroger Sales Company: During January, Kroger paid $9,150 for supplies to be used in sales to customers during the next 2 months (February and March). The supplies will be used ..
project 1 mortgage loan analysis mr. davidson plans to buy a new house in october 2013. the sale price of the house is
On January 1, 2014, Blair Corporation purchased for $500,000 a tract of land (site number 101) with a building. Blair paid a real estate broker's commission of $36,000, legal fees of $6,000, and title guarantee insurance of $18,000. The closing state..
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