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A company uses a predetermined overhead rate based on direct labor hours (DLHs) to apply manufacturing overhead to jobs. At the beginning of the year, the company estimated manufacturing overhead would be $200,000 and DLHs would be 20,000. The actual figures for the year were $215,000 for manufacturing overhead and 21,000 DLHs. The cost records for the year will show?
Mary (age 33) is a single taxpayer with adjusted gross income for 2009 of $21,040. Mary maintains a home for two dependent children and has itemized deductions of $3,000. Calculate the following amounts for Mary's 2009 income tax return:
1 the journal entry to record depreciation on production equipment would include aa. debit to accumulated depreciation
bigdeal corporation manufactures paper and paper products and is trying to decide whether to purchase smalltek company.
costs classified as batch-level costs should depend on the number of batches processed rather than on the number of
suppose boyson corporations projected free cash flow for next year is fcf1 180000 and fcf is expected to grow at a
Two machines - Machine M and Machine P - are being considered in a replacement decision. Both machines have about the same purchase price and an estimated ten-year life.
Prepare a schedule showing a horizontal analysis for 2012, using 2011 as the base year.
on january 1 2010 anderson corporation had 60000 shares of 1 par value common stock issued and outstanding. during the
january 1 peter began a calendar year business. it is a dog grooming business favres palace. peter place the following
electro company manufactures an innovative automobile transmission for electric cars. management predicts that ending
Prepare journal entries to record issuance of the stock options, termination of stock options, exercise of the stock option and the charges compensation expense for year ending 12/31/2010, 12/31/2011, 12/31/2012"
Sarah - cash of $2,000, accounts receivable with a FMV and tax basis of $1,000, and equipment with a FMV of $40,000 and adjusted basis of $3,500. Sarah also contributed a $23,000 note payable, and the partnership assumed legally responsibility for..
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