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Logan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 33,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $573,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Logan's actual manufacturing overhead for the year was $737,457 and its actual total direct labor was 33,500 hours. Required: Compute the company's predetermined overhead rate for the year.
Elizabeth's property had an adjusted basis of $9000 and a fair market value of $10,500, and Elizabeth gave Debbie $4500 in cash. Determine Debbie's and Elizabeth's realized gain of loss, recognized gain or loss and the basis in their new property.
the assembly department of united products employs workers to assemble units of product xsd. they are paid three
Kody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours
XYZ wrote off uncollectible accounts totaling $20,000 during 2010. Under the cash basis of accounting XYZ would have reported 2010 sales of ?
Actual overhead for June was $15,800 variable and $9,100 fixed, and standard hours allowed for the product produced in June was 3,000 hours. The total overhead variance is?
Compute the net income to be earned under each alternative and course of action will produce the highest net income?
calculate eps reported before stock split andstock dividend.during the fiscal year ended september302009 worrell inc.
Find an article on the use of spreadsheets in Accounting Information Systems.
compare and contrast what motivates millennials from baby boomers generation x and generation y. assess whether
premier consulting has two consultants avery and baker who can be scheduled to work for clients up to a maximum of 160
net credit sales for the month are 800000. the accounts receivable balance is 160000. the allowance is calculated as
question 19 figure 4-1. foster company makes power tools. the budgeted sales are 420000 budgeted variable costs are
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