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The management of Amacker Corporation would like to investigate the possibility of basing its prede-termined overhead rate on activity at capacity rather than on the estimated amount of activity for the year. The company's controller has provided an example to illustrate how this new system would work. In this example, the allocation base is machine-hours and the estimated amount of the allocation base for the upcoming year is 37,000 machine-hours. In addition, capacity is 43,000 machine-hours and the actual activity for the year is 38,100 machine-hours. All of the manufacturing overhead is fixed and is $604,580 per year. For simplicity, it is assumed that this is the estimated manufacturing overhead for the year as well as the manufacturing overhead at capacity and the actual amount of manufacturing overhead for the year.
physician reference service provides services to physicians including research assistance diagnosis coding and medical
Brick Company's direct labor is 30% of it's conversion cost. If the direct materials cost last week was $52,500 and the manufacturing overhead cost was $21,000, compute the cost of direct labor for the week.
wesley who is single listed his personal residence with a real estate agent on march 3 2013 at a price of 390000. he
interstate manufacturing produces brass fasteners and incurred the following costs for the year just endedmaterials and
at the beginging of 2010 ez tech company accounts receivable balance was 140000 and the balance in allowance for
sage learning systems inc. was organized on september 30 2012. projected selling and administrative expenses for each
the cbs companys manufacturing accounting system uses direct labor costs to apply overhead to goods in process and
you are an accountant in the budgetary projections and special projects department of american conductor inc. a large
bark company is considering buying a machine for 240000 with an estimated life of ten years and no salvage value. the
The basis of the land in the corporation's hands is $68,000. What are the consequences to the corporation and the shareholders as a result of this distribution?
During 2009, CCP earns an income of $90,000, and Christie withdraws $30,000 in cash from the partnership. In 2010, CCP suffers a loss of $30,000, and Christie withdraws $10,000. What are the tax consequences for Christie of this investment in 2009..
Blakeslee Machinery announced this morning that their next annual dividend will be increased to $2.10 a share and that future dividends will be lowered by 2 percent per year. The stock price after the announcement settled at $16 a share. What is t..
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