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Job 231 was recently completed. The following data have been recorded on its job cost sheet:
Direct materials $ 44,000
Direct labor-hours: 630 labor-hours
Direct labor wage rate: $ 13 per labor-hour
Machine-hours: 390 machine-hours
Number of units completed: 3,000 units
The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $10 per machine-hour.
Required: Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
A) Complete the journal entries for consolidation on December 31, 2015. B) Prepare a worksheet to finalize the consolidation of Dewey and Truman C)If shares had been trading at $14.40 instead of $14.90 and a control premium existed, how would the c..
statement of cash flows1. choose the combination that best reflects the appropriate classification of cash received
Temporary investments such as in trading securities are
Purpose a petty cash payments report for February with these categories: delivery expense, mileage expense, postage expense, merchandise inventory (for transportation-in), and office supplies expense.
Sales of Cool-Man air conditioners have grown steadily during the past 5 years: What effect did the smoothing constant have on the forecasts for Cool-Man air conditioners? Which smoothing constant gives the most accurate forecast? Use a three-year mo..
Newell Corporation debited Prepaid Insurance for $720 on July 1, 2000 for a 1 year fire insurance policy. If the corporation makes monthly financial statements,
Discuss fully the tax consequences of this gift to him, the partnership, his son, and the American Red Cross. Be sure to include the allocation of the current year’s partnership income.
You are constructing a two stock portfolio based on the information provided below. What dollar amount will you invest in each stock to achieve the desired return goal?
Discuss what organizational change is and why being able to manage it is important. Also, list and discuss some ways managers can help their employees deal with change. 2 page with referances NO plagiarism.
Prepare a cash flow forecast. Assume that the business will be run for 6 years, and then the building will be sold for 300,000. The equipment will be depreciated straight line over the life of the restaurant.
Equipment that was worn out and obsolete was sold for $10,000 at the end of the year. The equipment originally cost $600,000 and had a net book value of $65,000 on the date it was retired - Using the information above, produce a consolidated cash flo..
The following are Sullivan Corp.’s comparative balance sheet accounts at December 31, 2014 and 2013, with a column showing the increase (decrease) from 2013 to 2014. Sullivan declared and paid the following cash dividends for 2014 and 2013. Prepare..
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