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Problem - A company incurred $40,000 of common fixed costs and $60,000 of common variable costs. These costs are to be allocated to Departments A and B. Data on capacity provided and capacity used are as follows:
Capacity Provided Capacity Used Department in Hours in Hours
A 800 640
B 480 640
Assume that common fixed costs are to be allocated to Departments A and B on the basis of capacity provided and that common variable costs are to be allocated to Departments A and B on the basis of capacity used.
a) Calculate the fixed and b) variable costs allocated to Department A.
Prepare a partial work sheet consisting of the first six columns (similar to the one shown in Exhibit 5B.1) that includes the unadjusted trial balance
Prepare the July 31 journal entry for Red Brick Inc. capturing repayment of the entire note and interest.
Determine the due date and the amount of interest due at maturity on the following notes: Oct. 1 fee amount 10,500, interest rate 8%, and term of the note is 60 days, Aug. 30 18,000, 10%,120 days, May 30., 12,000, 12%, 90 days, March 6, 15,000, 9%..
a baker had a certain number of boxes and a certain number of cakes with him. initially he distributed all the cakes
According to Bart Perkins ofComputerworld, "Every organization has some 'ducks.' Ducks are employees who have a detrimental effect on productivity.
What is the probability that the worst will occur and she will have surprise quizzes in all three classes? What is the probability that she will escape with minimal damage and have a quiz in only one of the three classes?
With your experience in this course, what do you see as the most difficult components for individual preparers to understand about filing taxes?
A department has two operating divisions: Food service with sales revenue of $880,000 and a bar-lounge with sales revenue of $440,840.
custom truck builders frequently uses long-term lease contracts to finance the sale of its trucks. on november 1 2011
What is the net amount of property, plant, and equipment that will appear on the balance sheet?
Which investment would yield the greater after-tax return
keller company estimates that variable costs will be 60 of sales and fixed costs will total 1920000. the selling price
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