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Pine Knoll Wood Products Company prepared the following factory overhead cost budget for the Press Department for February 2008, during which it expected to require 10,000 hours of productive capacity in the department. Variable overhead cost: Indirect factory labor $28,000 Power and light 4,500 Indirect materials 22,000 Total variable cost $54,000 Fixed overhead cost: Supervisory salaries $36,000 Depr of paint&equip 30,000 Insurance & prop taxes 8,000 Total fixed cost $74,000 Total factory overhead cost $128,500 Assuming that the estimated costs for March are the same as for February , prepare a flexible factory overhead cost budget for the Press Department for March for 8,000, 10,000, and 12,000 hours of production.
giovanni company produces a product that requires four standard gallons per unit. the standard price is 34.00 per
Construct the stockholders' equity section incorporating all the above information.
crede inc. has two divisions. division a makes and sells student desks. division b manufactures and sells reading
a. What costs are relevant to the decision to accept this special order? b. What would be the dollar effect on pre-tax income if this order were accepted?
case development began operations in december 2013. when property is sold on an installment basis case recognizes
Journalize the following transactions using the allowances method of accounting for uncollectible receivables.
1. out of africa a multi-national corporation had a very successful year. the board of directors declared and paid a
The usual impetus for transactions that create a long-term debtor-creditor relationship between members of a consolidated group is due to the:
Difference between the Cost of Capital and the Cost of Finance in your own words and no website copying is allowed?
Wyoming Sports Equipment issued a $3 cumulative preferred stock issue. In 2007, the firm's board of directors voted to omit dividends for both the company's common stock and its preferred stock issues. Also, the corporation's board of directors vo..
teri frazier owned three businesses and rental properties in 2014. during the year her hair salon business experienced
ellen converted her personal residence to rental property. her basis in the entire property was 45000 and 5000 of this
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