Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Mira Financial Advisors provides accounting and finance assistance to customers in the retail business. Mira has four professionals on staff, plus an office with six clerical staff. Total compensation, including benefits, for the professional staff runs about $753,000 per year, and it normally has about 8,300 billable hours per year. The professional staff keep detailed time sheets organized by client number. The total office and administrative costs for the year are $575,000.
Question 1: Mira allocates office and administrative costs to clients monthly, using a predetermined overhead allocation rate based on billable hours. During July, Mira's professionals spent 38 hours on their client, Riley Sales. Mira adds a 25% markup on its costs to calculate the amount billed to the customer. How much should the company charge Riley Sales for the month of July? (Round your intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
Prepare journal entries to record the following merchandising transactions of Wave Company, which applies the perpetual inventory system.
a ampa products entered into a lease agreement with p ampp products inc. to purchase a piece of euipment on january 1
Which uses three factors, all single weighted, is $225,000. Calculate the State of Bliss income tax using the applicable 4 percent tax rate for 2015.
peek company is considering the production of a new product. the expected variable cost is 48.75 per unit. annual fixed
tanner inc. has incurred the following overhead costs over a 6 week period week machine hours overhead cost 1 68 1190 2
On April 1, purchased 5,620 shares of Vicario Co.'s common stock at $62.4 per share plus commission $3,990. Prepare the journal entry for the security sale
The Farmer Corporation engaged in the following transactions during 2014. Prepare the journal entries necessary to record each of the above transactions
A description of blue ocean strategy and its importance. A product or service that might be considered a blue ocean move and why
If the debt-to-equity ratio is 1.52 and total book value of debt equals $12,306,000, what is the market-to-book ratio for Chisel Corporation
Associated Penguin Productions is evaluating a film project. What is the net present value of the film project
Courtney's accounting records at end of the period disclosed a material price variance of $5,000U, determine actual price paid for a gallon of direct material
Teton Corporation issued $600,000 of 7% bonds on November 1, 2011, for $644,636. The bonds were dated November 1, 2011, and mature in 10 years, with interest payable each May 1 and November 1.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd