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K&J Web Designs creates Web sites for businesses. K&J has a basic Web site creation package that it offers for a flat fee of $730. This package includes everything that a business would need to have a simple but functional Web site built. K&J estimates that each of these Web sites should take, on average, 8.8 hours of Web designer time. K&J pays its Web design employees an average of $36 per hour. Last month, K&J sold and built 160 Web sites for $730 each. Web design employees worked a total of 830 hours at a total payroll cost of $39,010. Collapse question part
Calculate the standard amount of contribution margin.
1. prepare a journal entry to share the profit among the partners. include a narration.2. prepare journal entries to
A company's cash flow on total assets ratio equals 16%. If average total assets equal $2,937,500 and total cash flows equal $600,000, illustrate what is the amount of cash flows from operations?
Evaluate the amount of goodwill that resulted from the Harman acquisition. Evaluate the amount of goodwill impairment loss that Pesky should recognize at the end of 2013.
era company has 3000 shares of 5 100 par non-cumulative preferred stock outstanding at december 31 2013. no dividends
You plan to buy a second-hand car that has a total "drive-out" cost of RM25,700. You will make a down payment of RM3,598. The remainder of the car’s cost will be financed over a period of 5 years. You will repay the loan by making equal monthly payme..
Prepare a cash budget for December, January and February. When will Jodie products be able to repay the loan?
Complete the flexible manufacturing budget for the relevant range value using 20,000 unit increments. All areas needed filled in except for gray shaded areas.
question a company has made the subsequent purchases of merchandise during the month of julyjuly 1 purchased 380 units
The adjusted trial balance of Pacific Scientific Corporation on December 31, 2016, the end of the company’s fiscal year, contained the following income statement items ($ in millions): Prepare a multiple-step income statement for 2016. Ignore EPS dis..
Sunset Acres reported net income of $58.0 million. Included in that number were trademark amortization expense of $2.7 million and a gain on the sale of land of $1.4 million. Records reveal decreases in accounts receivable, accounts payable, and inve..
At the beginning of 2012, there was $1,600 of materials on hand. During the year, the company purchased $324,000 of materials; however it paid for only $314,000. How much inventory was requisitioned for use on jobs during 2012?
Calculate Johnson's expense deduction and fill-in 2011 Form 2106 (Employee Business Expenses) based on actual automobile expenses and other employee business expenses as shown above.
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