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Albright Company allocates the estimated $270,000 of its accounting department costs to its production and sales departments since the accounting department supports the other two departments particularly with regard to payroll and accounts payable functions. The cost will be allocated based on the number of employees in the production and sales departments. Information regarding costs and employees follows:
How much of the accounting department costs will be allocated to the production and sales departments, respectively?
the following information has been obtained for the gocker corporation.1. prior to 2012 taxable income and pretax
in december 2010 gomez companyu2019s manager estimated next yearu2019s total direct labor cost assuming 50 persons
On January 1, 2010, Parabolic Company issued 8% bonds with a face amount of $72.9 million, dated January 1. The bonds mature in 2025 (15 years). The market yield for bonds of similar risk and maturity is 10%. Interest is paid semiannually.
Manner inc. has 15000 shares of 6%, $100 par value, noncumulative preferred stock and 30,00 shares of $1 par value common stock outstanding at december 31, 2011. there were no dividends declared in 2010. The board of directors declares and pays a ..
Use a present value table to determine the amount of cash that Mr. Gulliver's father should give him. Use an algebraic formula to prove that the present value of the trust fund (the amount of cash computed in portion "a") is equal to its $60,000 fu..
Hill Corp. had 600,000 shares of common stock outstanding on January 1, issued 900,000 shares on July 1, and had income applicable to common stock of $1,050,000 for the year ending December 31, 2010. Earnings per share of common stock for 2010 woul..
A corporation issues $2,000 Shares of common stock for $32,000. The stock has a stated value of $10 per share. The journal entry to record the stock issuance would include a credit to Common Stock for
an estimate based on an analysis of receivables shows that 722 of accounts receivables are uncollectible. the allowance
pretty pillows mfg. manufactures silk throw pillows. last month the company produced 3890 pillows. using job order
Compute the amount of financial revenue that will be earned over the lease term and the manufacturer's profit that will be earned immediately by Aquarius
find a business related example of a potentially unethical accounting situation on the internet. summarize the
how is regression analysis used in forecasting? provide examples.what is the purpose of using correlation analysis?how
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