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Question - Foxy Loxy Lawyers discloses the following information:
Fees $400 per hour
Variable office costs $120 per hour
Variable marketing costs 10% of chargeable fees
Fixed costs $600,000 p.a.
Required - Calculate the variable costs per hour?
1. a company issued a 100000 20 year bond with a stated interest rate of 6. assume interest payments are made annually.
Discuss the tax consequences of contributing cash, property, and/or services to the new entity (discuss only for the entity you have recommended)
Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and excellent location, demand has increased by 5555 %.
Cost Allocation Problem - How much would the transfer price be under full charges, variable costs, market price, and negotiated price
Journalize the formation of the partnership and Prepare an income distribution worksheet - Journalize the closing of the income summary accounts to the capital accounts.
Perfect Pet Collar Company makes custom leather pet collars. Compute the standard direct materials cost per unit
It comprises operations and cash flows that can be clearly distinguished, operationally and for financial reporting purposes from the rest of the entity.
Once you have read the extract by Sen, attempt the review and discussion questions1-3 and 5 (ignore 4) on p.165, and be prepared to discuss your answers with your colleaguesin your tutorial.
Question - Measuring and recording pension expense. Prepare the journal entry to record pension expense and the employers' contribution to the pension plan
Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO. The company uses the periodic method.
Why Lisa Dallimore should have reservations about accepting the engagement in respect of linear accelerators. (Note: Use appropriate fundamental)
Calculate the working capital for 2014 and 2013. Is the change in working capital favourable or unfavourable? How would the current ratio have changed
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