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Triton company's copy department, which does almost all of the photocopying for the sales department and the administrative department, budgets the following costs for the year, based on the expected activity of copies: salaries (fixed) $90,750 employee benefits (fixed) 10,000 depreciation of copy machines (fixed) 10,000 utilities (fixed) 5,000 paper (variable, 1 cent per copy) 50,000 toner (variable, 1 cent per copy) 50,000 the costs are assigned to two cost pools, one for fixed and one for variable costs. The costs are then assigned to the sales department and the administrative department. Fixed costs are assigned on a lump-sum basis, 40 percent to sales and 60 percent to administration. The variable costs are assigned at a rate of 2 cents per copy. Assuming the following copies were made during the year, 2,696,250 for sales and 3,228,000 for administration, calculate the copy department costs allocated to sales.
A bond issued by Standard Oil worked as follows. The holder received no interest. At the bond’s maturity the company promised to pay $1,000 plus an additional amount based on the price of oil at that time. The additional amount was equal to the produ..
Larry James is planning to invest $25,200 today in a mutual fund that will provide a return of 0.09 each year. What will be the value of the investment in 10 years - what is the future value of his investment cash flows.
What did you find the most interesting in regards to migrating to a cloud solution from a customer perspective?
What is the required return for a stock that has a 5.7% constant-growth rate, a price of $21.25, an expected dividend of $1.70, and a P/E ratio of 10?
Pace Corporation's assets are $625,000, and its total debt outstanding is $185,000. The CFO wants to employ a debt-to-assets ratio of 55%. How much debt must the company add or subtract to achieve the target debt ratio?
As a student at P.U., Bob Karp borrowed $12,000 in student loans at an annual interest rate of 9%. If Bob repays $1,500 per year, how long will it take him to repay the loan to the nearest year?
Find out the price of equity shares using Walter's and Gordon's payout - details relating to three companies which are the identical
Spotlight on AOL— Common Law. AOL, LLC, mistakenly made public the personal information of 650,000 of its members. The members filed a suit, alleging violations of California law. AOL asked the court to dismiss the suit on the basis of a “forum- sele..
(Computing interest tax savings) Dharma Supply has earnings before interest and taxes (EBIT) of $544000, interest expenses of $274000, and face a corporate tax rate of 34 percent.
a quoted company is considering several long-term sources of finance for expansion into new foreign markets. critically
assignment amazon.com business combinations and financial results analysis1.examine how at least three 3 growth
Accounting Review journal article (set as one of your readings this semester and available on UTSonline 'Course Documents') "Accruals and the Prediction of Future Cash Flows" Barth, Cram & Nelson.
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