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You are responsible for updating the predetermined overhead rate for your company, analyzing the current costs, using projected changes, and creating the rate for the next year. You notice the maintenance cost had almost doubled last year compared to prior years. You need to analyze this situation more and determine ways to better track this increase. The factory manager has suggested you spread the costs over all the departments to smooth the increase. Question 1: Determine a costing system to use to help better analyze the increase. Explain how this system will allow for future analysis to identify the increases.
Question 2: If the manager pushes to spread the costs, what are the options you have to ensure you are protecting the company from irregular increases?
Niles and Marsha adopted a little boy. They paid $16,250 in 2015 for adoption-related expenses. What amount of adoption credit is permitted in 2016?
Prepare the necessary journal entries on July 1, 2017 (Show all of your works including any calculations)
jimmy chitwood inc. is considering a project that is estimated to generate annual cash inflows of 35000. the equipment
The shareholders' equity of Kramer Industries. Determine the amount of dividends payable to preferred shareholders and to common shareholders.
relevant accounting principles and speciafically consider the elements that make up the fraud offence
Fixed costs are 350000 and net income is 250000. What should be the reported as variable expenses in the CVP statement
A, B, and C were partners with capital balances on January 2, 2020, What are the capital balances of the remaining partners after the retirement of A?
How much should Betty include in her 2011 taxable income as interest
Question - Find Trial Balance - Oct. 15 Paid employee salaries of $1,260.17Performed $550 of services for customers who paid in advance in August
Portland Lumber Company incurs a cost of $452 per hundred board feet (hbf) in processing certain "rough-cut" lumber, which it sells for $611 per hbf. An alternative is to produce a "finished cut" at a total processing cost of $559 per hbf, which c..
How do you establish trust with your family? With your friends? With your coworkers? Is this an important factor to establish in the mentor
George contributed $3,000 (food, shelter, and medical care) toward the support of his nephew, Andy, who lives with him. Andy earned $1,000 from a part-time job and received a $2,000 scholarship to attend a local university. Can George claim Andy a..
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