Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Kaleidoscope Cutlery manufactureskitchen knives. One of the employees, whose job is to cut outwooden knife handles, worked 49 hours during a week in January. Theemployee earns $14 per hour for a 40-hour week. For additionalhours the employee is paid an overtime rate of $19 per hour. Theemployee's time was spent as follows:
Regular duties involving cutting out knife handles
41
hours
General shop cleanup duties
6
Idle time due to power outage
2
hour
a)Calculate the total cost of the employee's wages during the weekdescribed above.
b)Determine the portion of this cost to be classified in each ofthe following categories Direct Labor Manufacturing overhead(idle time) Manufacturing overhead (overtime premium) Manufacturing overhead (indirect labor)
Examine different types of organizational illegal activities, including cybercrimes and the impact to the organization. Use technology and information resources to research issues in forensic accounting.
Prepare the journal entries for both companies in March 2018 to record the exercise of the warrants.
This year the trust is terminated. Albert has a 40% interest in the trust, and Barbara has a 60% interest. Barbara receives a capital loss pass-through of:
After selling the assets and paying the liabilities, the partnership has cash of $92,000. How much cash will each partner receive in the final liquidation?
Renee's Rings manufactures college rings. Two models are produced: The Spirit model with a budgeted price of $660 and a standard variable cost of $360.
Compute the variable cost per unit. Compute how many CDs Spears Music will have to sell in order to break even. Compute how many CDs Spears Music will have to sell in order to make a target net income of $16,200.
Which method is generally accepted? Why do you think this method is generally accepted? Explain your position.
On September 1, 2006, Sam's Shoe Co. issued $350,000 of 8% bonds. The bonds pay interest semiannually on January 1 and July 1 of each year. The bonds were sold at the face amount. How much cash did Sam's receive upon sal of the bonds?
Mayberry Gas Corp. sells $200,000 of bonds to private investors. The bonds are due in five years, have an 8% coupon rate, and interest is paid semi-annually. The bonds were sold to yield 6%. What proceeds does Mayberry receive from the investors?
When there is a significant increase in the estimated total contract costs but the increase does not eliminate all profit on the contract, which of the following is correct?
During the year, Best Pictures reports net income of $350,000 and pays $90,000 of cash dividends. At the end of the year, the market value of Berlin's investment is $3.7 million. What is the year-end balance of the equity investment in Best Pictur..
Which of the following statements concerning interim financial reports is incorrect?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd