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The Canine Company has total estimated factory overhead for the year of $2,400,000, divided into four activities: Fabrication, $1,200,000; Assembly, $480,000; Setup, $400,000; and Materials Handling $320,000. Canine manufactures two products: Standard Crates and Deluxe Crates. The activity-base usage quantities for each product by each activity are as follows:
Each product is budgeted for 20,000 units of production for the year. Determine (a) the activity rates for each activity and (b) the factory overhead cost per unit for each product using activity-based costing.
kirkland theater sells season tickets for six events at a price of 180. in pricing the tickets the planners assigned
Livingston's expected cash flows from domestic business are $100,000 and the Korean subsidiary is expected to generate 100 million Korean won at the end of the year. The expected value of won is $.0012. What are the expected dollar cash flows of L..
both bond sam and bond dave have 6 percent coupons make semiannual payments and are priced at par value. bond sam has
What are the signs you would look out for in the financial statements for the possibility of bad debts? Give reasons for your answers.
received contribution of 20000 from each of the two principal owners of the new business in exchange for shares and
determine the amount of revenue Sanderson would report on the 2010 and 2011 income statements.
case development began operations in december 2011. when property is sold on an installment basis case recognizes
John and Susan also provide more than half of the support of John's cousin who does not live with them. Susan's father, who died on January 6, 2007, at age 90, has for many years qualified as their dependent. How many personal and dependency exemp..
Ball Co. purchased inventory with a list price of $4,000 with the terms 2/10, n/30. What amount will be debited to the Merchandise Inventory account?
adcock corp. had 500000 net income in 2007. on january 1 2007 there were 200000 shares of common stock outstanding. on
At the end of June there were 6,000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. How many units were transferred ..
simba companys standard materials cost per unit of output is 11.52 2.40 pounds x 4.80. during july the company
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