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The Thomlin Company forecasts that total overhead for the current year will be $11,053,501 and that total machine hours will be 155,213 hours. Year to date, the actual overhead is $7,564,610 and the actual machine hours are 86,702 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date) the overhead is over/under applied by?
the accounts receivable account of samson company shows a debit balance of 52000 at the end of the year. an aging
Acey and Deucy formed the Acey-Deucy Partnership
you recently decided to enter the world of politics due mostly to your frustration with your local governments spending
With respect to this capitalized lease, for 2008 calculate how much Carley should record for both interest expense and depreciation expense.
on june 30 of the current year rural gas amp electric co. issued 60000000 face value 9 percent 10-year bonds payable
Reported ticket Revenue was $2, 200,000. Is the difference between your estimate and reported ticket revenue large enough to prompt further consideration? Why or why not?
ljb company a local distributor has asked your accounting firm to evaluate their system of internal controls because
an investment of 600000 increased to 1000000 over a 5-year period. what was the rate of return on the
identify and briefly explain at least two key factors in economic sociocultural and political-legal environments that
a company is considering purchasing factory equipment that costs 480000 and is estimated to have no salvage value at
Show journal entries for Demi being admitted into the partnership.
on september 30 of the current year silver fox corporation files for bankruptcy. at the time it estimates that the
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