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Abbott Lamp Corporation manufactures BOTH Mountain Dew Lamps AND Coca-Cola Lamps, starts 1/1/20. On 1/1/20, Erin Rogers ESTIMATES the following MOH costs: Factory Utilities $100Factory Rent $1,000Equipment Depreciation $1,000Indirect Materials/grease $100 Abbott Lamp Corporation uses MACHINE HOURS to allocate Utilities, Rent, Depreciation and grease. Erin Rogers also estimates a total of 100 machine hours and for the year. Problem 1: During the year, ALC Coca-Cola Lamp workers requisitioned out 100 Coca-Cola cans and 100 pieces of paper, they also requisitioned out 80 pounds of grease and put the grease into the machines. Give the appropriate journal entry
Prepare the suitable journal entry, if any, to record this accounting change. Purpose the journal entry to record depreciation for 2013.
Compare and contrast Section 1245 recapture and Section 1250 recapture. Explain Congress' rationale for depreciation recapture.
Kenny Electric Company's noncallable bonds were issued several years ago and now have 20 years to maturity. What is the component cost of debt
Analysis of acceptance of special order w.r.t relevant - Irrelevant cost analysis. was not considered, is it likely that a correct special order analysis would have been made? Explain your answer.
Suppose an H1200 supercomputer has a cost of $100,000 and will have a residual market value of $40,000 in 7 years. What would be the monthly payment
Solve Caledon's earnings per share (EPS) and return on investment (EPS divided by share price) under the two scenarios, first before any new debt is issued.
Estimate the terminal value of the properties, based on the current market value and the expected appreciation rate in property values?
First Financial Auto Loan Department wishes to know the payment required at the first of each month on a $10,500, 48-month, 11% auto loan. To determine this amount, First Financial would
Calculating the Reained Earnings-S Investment in Subdiary and non-contrilling interest. Assume that during 2015 Sales Company earned $177,300
Suppose that you receive market sell orders for 5000 shares and market buy orders for 3000 shares. How much do you earn on the 3,000 shares
what important factors in addition to quantitative factors should a firm consider when it is making a capital structure
A couple with three dependent children has an annual adjusted gross income of 238,500. Calculate the total dollar amount of personal exemptions that they can claim for the 2014 tax year.
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