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!
(Association with cost object) Morris & Assoc., owned by Cindy Morris, provides accounting services to clients. The firm has two accountants (Jo Perkins who performs basic accounting services and Steve Tompkin who performs tax services) and one office assistant. The assistant is paid on an hourly basis for the actual hours worked. Oneclient the firm served during April was Vic Kennedy. During April 2010, the following labor time was incurred. Classify the labor time as direct or indirect based on whether the cost object is (1) Kennedy's services, (2) tax services provided, or (3) the accounting fi rm.a. Four hours of Perkins's time in preparing Kennedy's financial statementsb. Six hours of the assistant's time in copying Kennedy's tax materialsc. Three hours of Morris's time playing golf with Kennedyd. Eight hours of continuing education paid for by the firm for Tompkin to attend a tax update seminare. One hour of the assistant's time spent at lunch on the day that Kennedy's tax return was preparedf. Two hours of Perkins's time spent with Kennedy and his banker discussing Kennedy's financial statementsg. One-half hour of Tompkin's time spent talking to an IRS agent about a deduction taken on Kennedy's tax returnh. Forty hours of janitorial wagesi. Seven hours of Tompkin's time preparing Kennedy's tax return
1. in december 2011 marvin simpson worked for longville flower and earned 5000 federal income tax withholding is 15.
in the month of june a department had 10000 units in beginning work in process that were 70 complete. during june 40000
the following data is given for the harry company budget production 26000 units actcual production 27000
tread accounts for the effect of a material accounting change prospectively when the inclusion of the cumulative effect
An error was made by ABC Company in computing the percentage of completion of the current year's ending Work-in-Process Inventory. The error resulted in the assignment of a lower percentage of completion to each component of the inventory than act..
What is the difference between a tariff and a quota? What is the impact of a trade surplus?
select a public company and down a copy of the companys most recent annual report. as you are aware of the balance
corp x has a single facility that it uses for manufacturing sales and administrative activities. should the companys
keller corporation the lessee entered into an equipment lease with dallas company the lessor on january 1 of year 1.
Do the calculations from Requirements b and c confirm your speculations in Requirement a?
Which criminals, according to studies reported in the text, are most likely to be caught and punished harshly?
the pvc company manufactures a high-quality plastic pipe that goes through three processing stages prior to completion.
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