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Tyler Corporation has two service departments, IT Department and HR Department, and two producing departments, A and B. The IT Department costs of $70,000 are allocated on the basis of standard service hours used. The HR Department costs of $14,000 are allocated on the basis of number of employees. The direct costs of Departments A and B are $11,000 and $42,000, respectively. Data on standard service-hours and number of employees are as follows: IT Dept. HR Dept. Dept. A Dept. B Standard service hours used 100 200 750 250 Number of employees 6 12 30 30 Using the direct method, calculate the cost of the HR Department allocated to Department A.
a company constructs a building for its own use. construction began on january 1 and ended on december 30. the
A company regularly sells its receivables to a factor who assesses a 2% service charge on the amount of receivables purchased. Which of the following statements is true for the seller of the receivables?
During the year, Fallen spent $7,500 on product development and paid $10,000 in continuing franchise fees. What amount should Fallen capitalize for intangible assets in 2010?
i-time inc produces electronic timepieces. the company uses mini-lcd dispalys for its products. each time piece uses
Determine the dividend yield for Microsoft on December 31, 2008, and 2009, (Round percentages to two decimal places.)
a building that was purchased on december 31 2000 for 2500000 was originally estimated to have a life of 50 years with
Which of the following methods of determining bad debt expense does not properly match expense against revenue?
In 2004, Parrot Company sold land to its subsidiary, Tree Corporation, for $12,000. It had a book value of $10,000. In the next year, Tree sold the land for $18,000 to an unaffiliated firm. Which of the following is correct?
discuss a punishment goal of the criminal law system in relation to the business world. is this punishment goal met?
a company has a minimum required rate of return of 8. it is considering investing in a project that costs 91116 and is
what is the accounting equation? suppose your company sold 12000 in merchandise to a customer for cash. how does this
acme in pruchased 50000 shares of takedown enterprises on january 12000. the total purchase price was 4300000.
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