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Cake Products, Inc is divided into five departments, mixing, blending,finishing, factory office, and building maintenance. the first three departments are engaged in production work. factory office and building maintenance are service departments. during the month of June, the following factory overhead was incurred for the various departments: mixing $21,000 factory office 9,000 blending 18,000 building maintenace 6,400 finishing 25,000 the bases for distributing service department expenses to the other departments follow: Building maintenance-on the basis of floor space occupied by the other departments as follows: mixing, 10,000 sq. ft. blending 4,500 sq. ft. finishing 10,500 sq. ft and factory office 7,000 sq. ft. Factory office- on the basis of number of employees as follows: mixing, 30, blending, 20, finishing, 50 prepare schedules showing the distribution of the service departments' expenses for the following: direct distribution method sequential distribution method in the order of other departments served.
on january 1 20x6 climber corporation acquired 90 percent of wisden corporation for 180000 cash. wisden reported net
Determine the order quantity at which the total inventory costs would be minimized? What is the reorder point and the time between orders? Illustrate the order quantity, re-order point, safety stock and lead time on a diagram where the Y-axis repres..
Compute the cost of goods destroyed. Compute the cost of goods destroyed, assuming that the gross profit is 25% of sales.
company a maintains an accounts recevialedepartment that currently employs 8 people. they areinterested in doing an
You note that the carload was shipped December 24 from Albuquerque, f.o.b. Albuquerque, and that the total invoice price of the goods in the car was $35,300. The freight bill called for a payment of $1,500. Terms were net 30 days. The bookkeeper a..
Adani Inc. sells goods to Geo Company for $11,000 on January 2, 2012, with payment due in 12 months. The fair value of the goods at the date of sale is $10,000. Prepare the journal entry to record this transaction on January 2, 2012. How much t..
orion iron corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing
an alternative available when the seller is exposed to continued risks of ownership through return of the product
Imperial Foods checkbook balance on December 31, Year 1 was $122,400. In addition, Imperial held the following items in its safe on December 31.
you have been hired by securidoor corporation the manufacturer of revolutionary new garage door opening device. the
on july 1 2013 larkin co. purchased a 430000 tract of land that is intended to be the site of a new office complex.
on september 30 2011 ace electronics issued 100000 of 10-year 8 bonds at 100. the bonds pay interest semiannually on
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