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Company's cost analysis has concluded that utilities cost is a mixed cost, and they are attempting to find a base which the cost might be closely correlated. Quarter: Tons Mixed Direct Labor Hours Utilities Cost Year 1:
Using tons mined as the independent x variable: 1.Determine a cost formula for utilities cost using the least squares regression method. 2. Prepare a scattergraph and plot the tons mined and utilities cost. (place cost on the vertical axis and tons mined on the horizontal axis) Fit a straight line to the plotted points using the cost formula determined by (1) 3. Using the direct labor hours as the independent (x) variable, repeat the computations in (1) and (2) above 4.WOuld you recommend that the company use tons mined or direct labor hours as a base for planning utilities cost?
kenoly corporation owns a patent that has a carrying amount of 327970. kenoly expects future net cash flows from this
jeremy and alyssa johnson have been married for five years and do not have any children. jeremy was married previously
Compute Wilds net cash provided (used) by operating activities - Wild Corporation reported a net loss of $65,890. Wild's only net income adjustments were depreciation expense
corp. the carrying values for renns assets and liabilities on june 1 followcash 168000accounts receivable
If the new clerk in the accounting department insists on including the sales revenue account on the post-closing trial balance, would you agree? Why, or why not?
What is the impact of not balancing intercompany payables/receivables on a monthly basis? What is the impact on not eliminating intercompany payables/receivables during the consolidation?
Miley, a single taxpayer, plans on reporting $25,000 of taxable income this year (all of her income is form a part-time job). She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income. By ho..
you were hired to perform an attest engagement for an electronic supply company sparks electronics. sparks is trying to
cool sips inc. manufactures and sells a nutrition drink for children. the company wants to develop a standard cost per
milford bank and trust company is revamping its credit management department to more effectively manage credit
Prepare the appropriate journal entry to record the acquisition of the bonds
Big Corporation distributed land to its sole shareholder, Little Corporation, in a liquidating distribution. At the time of the distribution, the land had a fair market value of $240,000 and Big Corporation's adjusted basis in the land was $200,00..
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