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Kolinchak Enterprises has the following production planned for the first quarter of next year:
Each unit requires 3 hours of direct labor time at $10 per hour. Unit-related overhead is $12 per machine hour and each unit requires 1/2 machine hour. Batch-related overhead is $3,000 per batch with a batch-size of 1,000 units. Facility overhead, including depreciation of $17,000, is $59,000 per month. Prepare the direct labor and manufacturing overhead budget for January.
On March 1, 2005, Andrews Corporation issued $900,000, 8%, 5-year bonds dated January 1, 2005, for $834,500, including accrued interest. The bonds pay semi-annual interest on January 1 and July 1 and mature on January 1, 2010. The company uses the..
He purchased a building worth $500,000, equipment worth $1 million and $600,000 worth of raw materials - construct a Balance Sheet.
On August 1, 2007, a company issues bonds with a par value of $600,000. The bonds mature in 10 years, and pay 6% annual interest, payable each February 1 and August 1.
Prepare a paragraph of explanation/interpretation of the data as if this were a small part of a lengthy report to potential investors.
barones repair shop was started on may 1 by nancy barone. a summary of may transactions is presented below.1. invested
enciso corporation is preparing its cash budget for november. the budgeted beginning cash balance is 31000. budgeted
In 2010 Down sold $100,000 merchandise to Up at gross margin of 40%. Up's Ending inventory balance at the end of 2010 is $25,000. Prepare the journal entries for 2009 and 2010 to eliminate and adjust for the intercompany transaction.
The company records adjusting entries only at year-end. There were no other notes receivable outstanding during 2013.
What gain and net reduction in retained earnings would result from this property dividend?
The following information concerns two different partnerships.
the following selected transactions relate to provisions or contingencies of classical tool makers inc. which began
Salter Inc.'s unit selling price is $50, the unit variable costs are $35, fixed costs are $125,000, and current sales are 10,000 units. How much will operating income change if sales increase by 5,000 units?
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