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Daniele Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Total Activity Fabrication 50,000 machine-hours Order processing 500 orders Other not applicable The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs. The company has provided the following data concerning its costs: Cost Data Wages and salaries $280,000 Depreciation $200,000 Occupancy $140,000 Total $620,000 The distribution of resource consumption across activity cost pools is given below: Activity Cost Pools Fabrication Order Processing Other Total Wages and salaries 60% 30% 10% 100% Depreciation 20% 35% 45% 100% Occupancy 10% 50% 40% 100% The activity rate for the Fabrication activity cost pool is closest?
ralph forms a firm by investing 1000 dollars. this cash is immediately paid for a machine with a useful life of 3
1.why is it not possible simply to take a cost management system lsquolsquooff the shelf?2. how does the choice of
Since merchandise inventory is normally sold within a year,how is it reported on the balance sheet?
at the beginning of 2013 vhf industries acquired a machine with a fair value of 6074700 by signing a four-year lease.
ron and tom are equal owners in robin corporation. on july 1 2011 each lends the corporation 30000 at an annual
a) Prepare journal entries to record the events above in the debt service fund. b) Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the debt service fund for the year ended December 31, 2008
Straight-line depreciation is used. Demers reported net income of $28,000 and $32,000 for 2006 and 2007, respectively. Compute the gain recognized by Demers Company relating to the equipment for 2006:
for each of the following calculate the cost of inventory reported on the balance sheet.a the total merchandise on hand
cosby uses a weighted-average process-costing system. all materials are added at the beginning of the process
1.the fixed factory overhead application rate for product-costing purposes is equal toa.the denominator activity
A method of estimating bad debts expense that involves a detailed examination of outstanding accounts and their length of time past due is the:
motor company manufactures 10000 units of part m-l each year for use in its production. the following total costs were
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